The Weekend At Bernie’s Bull Market

The financial media has been filled with anniversary celebrations. So the party banners have proclaimed, the bull market in stocks has just celebrated its seventh anniversary. But will history view this celebration in the same way when reflecting back years from now? For while the bull market may still seem to be alive and well in the eyes of many investors and the financial media, in reality it may have already died along ago. And for those who may be wondering, such celebrations are one of the many reasons why so many investors unwittingly find themselves trapped in the clutches of a bear market with few reasonable options to escape.

Please click on the link to read more of my article on Seeking Alpha.

Monetary Policy Day Traders

Central bankers need to finally take a breather. On Wednesday, February 17, St. Louis Federal Reserve Bank President and CEO James Bullard took to the podium at the CFA Society St. Louis to discuss his latest views on monetary policy normalization. What was striking in his speech was the dramatic change in his views on the normalization of monetary policy. Has so much really changed over the past month? Or are central bankers simply becoming as itchy at the trigger as a reactive stock day trader?

Please click on the link to read more of my article on Seeking Alpha.

What’s In Your Preferred Stock ETF?

Perhaps you own preferred stocks for income. And instead of sifting through the various individual preferred stock offerings in the marketplace today, you decided instead to make things neat and easy by purchasing a preferred stock ETF. So far, your preferred stock position has held up quite well despite what has been a difficult stock market environment. That is, of course, until Tuesday, when these ETFs suddenly broke to the downside. What’s in these preferred stock ETFs that would have resulted in the sudden downside move on Tuesday? And is this likely to continue?

Please click on the link to read more of my article on Seeking Alpha.

Unleash The Canaries

The narrative since the start of the New Year has been how the decline in oil prices has weighed on the stock market. And through the first two and half weeks of the year, this appeared to make good sense. But in the last couple of weeks, a new force appears to be at work that is driving stock prices lower. It is the European banks, and the magnitude of recent price declines is something certainly worth monitoring in the days and weeks ahead.

Please click on the link to read more of my article on Seeking Alpha.

How Long Will The Next Bear Market Last

While it may not feel this way, it has been nearly nine months now since the U.S. stock market has set a new all-time high. Since the last intraday peak on the S&P 500 Index at 2134.72, stocks are down by more than -12% through Friday’s trading. And the further stocks travel in time from this past peak, the more unlikely it seems that they will break out to new highs. Thus, the next bear market that so many have mentioned looming on the horizon may already be well underway. While much of the focus on the next bear market is the magnitude of the declines it may bring, it is also worthwhile to consider its potential duration.

Please click on the link to read more of my article on Seeking Alpha.