In this article I write about the most important market developments for August 2020 and their impact on our SIA-style portfolios and proceed with the end-of-month rebalancing for GLP. The PP portfolio rebalance is explained in a separate post. Let’s get to it… August like no other This year is just so much different than any other. Marktes saw an…
SP500 now officially above all time highs. Tech keeps leading. Apple in the leader’s yellow t-shirt. Analysts are calling the AAPL massive run “extensively streched”. Bespoke Investment Group cites technicals that AAPL is 26% above its 50-day average and almost 60% above 200-day moving average. Well, it in deed is. What’s it changing? Especially after…
Assume you have now determined which cycle phase we have now? Want to figure out which sectors are best to invest in now and poised to outperform? In this post I shortly explain the general common knowledge as to the relative performane of different sectors throughout the business cycle. Also, I will explain how Smart…
August so far turns out to be much calmer than usual. Volatility is highly contained and markets keep making new all-time highs in US. this week SP500 has officially joined the team of indices breaking their February tops. This is an unprecedented situation and happened only once before. Here’s a look at the volatility index…
S&P500 is still less than 1% off its new all time highs, but has yet to deliver this little milestone. I have wrote about that possibility and why that might actually happen already a few times (for instance here). Still it is all happening with a wall of disbelief pouring from the peoples’ mounths. Remember…
ETFs (Exchange Traded Funds) comprising of a basket of securities that jointly have some exposure to a certain investing story are called Thematic ETFs. It is a fast-growing sector of investing. Such securities can give great well-diversified value, but there’s often a lot of work to be done before buying it. Not all of them…
SP500 is now 1.2% away from making an all time high. If (or when) that happens, it will be the 2nd time in history after 1983 that the wide market makes a new all time high during a recession (I wrote about the reasons of such equity markets behaviour here as I rebalanced the GLP…
In this post I shortly explain the SIA-style Pension Portfolio end-of-month rebalancing. For a detailed description of recent market events that drove bonds, equities, commodities and FX in July please check my other post about GLP. The rebalance The usual monthly injection of $1k was used to purchase GLD. The reason is that Gold bullion…
Hi, Smart Investors. In this article I explain the major market developments of recent months and their impact on our SIA-style portfolios and proceed with the end-of-month rebalancing for GLP. The PP portfolio rebalance is explained here. Main trends of recent months We’re now 5 months into the Covid-19 recession. Meanwhile we saw a 37%…
Quite a bit of action on the markets in the middle of the summer season. We’re almost half way through the reporting season. As I wrote here the downbeat expectations make the 2Q20 positive aggregate earnings surprises quite impressive. A lot is going on in some of the commodities as well as the monetary and…
