4. Market review – Wealthsteading Podcast

Episode 336: Small Caps & ReOpening Trade stocks have been underperforming…but I remain optimistic and continue to “buy the dip”.  The two factors that are driving the most fear right now are mutually exclusive- 1) ReOpening slowdown due to COVID Delta Variant & 2) Federal Reserve tightening the money supply by tapering next month.  Logic dictates that these two events can’t...

Episode 334:  Since August 2020 the S&P 500 has climbed a COVID wall of worry consistently putting in new record highs.  I expect that to continue, with temporary bouts of turbulence, along with limited upside potential as we close out 2021.  However, I think vast amounts of opportunity still exist in the more value oriented, cyclical and ReOpening favored stocks that have taken...

Episode 329:  The latest Media driven fear factor is that variants of Covid will squelch the economic recovery.  I think the anxiety will be short lived, just like last month’s propaganda about hyperinflation. NOTE to the Inflation Distraught:  10 Year Treasuries have dropped down to 1.3%, hardly an indicator of rampant inflation. —————————&#82...

Episode 326:  The subtitle to this episode could be: Why lumber prices are so high but timber prices are so low. Bottom line, the media narrative of hyperinflation is much ado about nothing.  Over the short term, I don’t see the FED raising interest rates nor curtailing easy monetary policy.  Transitory inflation is being caused by short term shortages, not long lasting scarcity. Th...

Episode 325: A lot of the financial news coverage is negative focusing on shortages and price & wage inflation.  But technically I think the major indexes are performing well and a great deal of opportunity still exists in the ReOpening Stocks.  ——————————————————

Episode 324:  In this episode we’ll look at current market conditions in light of investor psychology and especially drill down into the reasons why YOU keeping missing opportunities in the stock market. ——————————————————

Episode 322:   Did you miss the post-election stock market rally?  Well, the easy money has already been made, but there are still MANY opportunities.  In this episode I discuss potential that still exist in the COVID90 portfolio. ——————————————————

Episode 320:   The rotation rally looks like it has fizzled.  The S&P 500 keeps failing at its 50dma.  That’s a good indication that the market is headed lower. ——————————————————

Episode 319:   The stock market has fallen for three straight weeks.  There are mixed signals that this selloff could simply be a Rotation out of overbought Tech stocks and into Value and Cyclicals.  On the other hand, with over 41% of the S&P 500 already in a Bear market, maybe the Correction has just begun. ———————————&#8...

Episode 316:  The market took a big tumble today.  Is this just a normal September swoon?  Or are we headed for a more drastic correction?    ——————————————————

Episode 314:  The Market has been incredibly resilient over the past month but I believe it could easily stumble into a rapid decline if investor sentiment turns sour.  In this episode I discuss the rationale for prudent investing and give specific examples of why I recently purchasing Tyson Foods and also lessons learned from swing trading the Great Recession of 2008. —–

Episode 313:  The COVID death toll is over 100K, unemployment is nearing 20%, and protesters are rioting and burning the cities…yet the stock market keeps going up. Will this rebound rally continue?  Or are we headed for a major downturn this summer?  I’m concerned that just as the market was oversold with COVID hysteria, now there’s irrational exuberance about the re-opening of the economy....

Episode 311:  In this episode I discuss how I’m planning to re-balance my portfolio to take advantage of what I believe will be an inevitable recovery. —–

Episode 307:  Wuhan coronavirus is still in the news but the S&P 500 is setting record highs.  WHY?  There are a number of reasons this market is so resilient- short covering, Chinese monetary policy, and most importantly the growth and profitability of the Tech sector. —–

Episode 302:  The S&P 500 closed above 3120 for the first time, continuing a six week winning streak.  In this episode I’ll discuss the next 7% move, which could be either Up or Down. ————————————————————–

Episode 301:  Today the S&P 500 set a new, all-time record high.  That’s in spite of all the fear over non-existing threats like the inverted yield curve.  Listen in for where I think the market is headed and why I remain optimistic. ————————————————————–

Episode 300:  In this episode I give a very simple example of the difference between an existential threat and a harmless policy decision problem. ————————————————————–

Episode 299:  Over the past eight trading sessions the S&P 500 has surged to within 1% of a record high.  There are several explanations for the rally, with the primary reason being gestures coming out of China.  Will this uptrend hold or is it just a dead cat bounce?  All this and more in this episode. ——————————&...

Episode 295:  Today the S&P500 dropped 3% on fears of an inverted yield curve.  It’s been an extremely volatile two weeks, with switchbacks almost every other day.  In this episode I’ll review the key events driving the turbulence and explain the entry point that I’m looking for to buy this dip.

Episode 293:  Today the FED cut rates and postponed their Quantitative Tightening program.  The move was much anticipated and therefore we saw a typical “buy the rumor, sell the news” reaction.  The S&P500 was down over 1% and broke below 3000. Should you be worried?  I’m not.  All that and more in this episode. HEY- would you please do me a favor?  Earlier this y...

Episode 292:  The month of June has been a textbook example of a counter trend rally.  The S&P500 dropped around 7% from the April high, bottomed out on June 3, then went on to make an all time new record high. In this episode I’ll discuss what happened and signs to look for to identify future market rallies.  And I’ll also talk about my current positions in the Banking sector a...

Episode 287:  Market Volatility is BACK !  Should you panic or buy the dip?  For now, I think it’s premature to buy; however, overall the markets do seem like they’re behaving in an orderly manner. Before I would add to my US holdings, I’d need to see a more substantial drop. But as has been the case for some time, I do continue to see opportunity in Emerging Markets and might even...

Episode 285:  The S&P500 is near a record high and while it still has room to run, I’m starting to harvest some profits in the US, but for now don’t have any plans to sell International stocks. In this episode I want to caution against cult like hero worship of celebrities and “experts”.  People give way to much credence to what the Talking Heads say.  Pay no attention to what p...

Episode 284:  The stock market and indeed the global economy are likely to keep chugging along because of the trifecta of converging forces: China, the US and the Federal Reserve. ————————————————————– The Robots are Coming: A Human’s Survival Guide to Profiting...

Episode 281:  The International Monetary Fund (IMF) has revised downward their growth forecast and warn of storm clouds gathering for the global economy.  Based on their previous agenda driven interpretation of data, I see this warning as a contrarian indicator to encourage investment in the Emerging Market sector. ——————————&#8...