Category: Asset Allocation

I am so utterly overwhelmed with gratitude toward all of you who answered the call this past week to help me feed hungry families in the community this holiday season. When I asked for $50 donations to the Harry Chapin Food Bank – LI Cares in exchange for me signing a copy of the new book, I thought $5,000 was a reasonable goal. I frankly wasn’t sure we’d get there. But look at you go! We’re at ov...

The post Book Signing Food Drive Raises $10,000 and Counting for Families in Need! appeared first on The Reformed Broker.

This is one of the big things I had right from the start of the pandemic – that the combination of demographics, suburban flight, plunging interest rates and the idiosyncrasies of pandemic-induced lockdowns would produce a housing and remodeling boom. I had some stuff wrong but this was the big thing you had to know – the desire to nest was going to be epic in 2020. Housing is now the strongest segment of the ...

The post New Home Sales up a cartoonish 48% year-over-year! LOL appeared first on The Reformed Broker.

James O’Shaughnessy is one of the best people I’ve ever met in our business. About a decade ago, he was making the rounds talking to financial media about the latest edition of his bestselling book, What Works On Wall Street. He came by to see Barry and I got to be a fly on the window sill. We’ve been friendly ever since and Jim’s someone whose career I’ve always said I wanted to emulate. He&...

The post My appearance on Infinite Loops with Jim O’Shaughnessy appeared first on The Reformed Broker.

I previously said that there is a very good chance that a coronavirus vaccine won’t save the economy.  With the interim vaccine results from Pfizer and Moderna, it seems likely that a silver bullet vaccine is on the horizon.  The issue of mucosal immunity (more specifically- whether or not the vaccine will slow down the […]

I previously said that there is a very good chance that a coronavirus vaccine won’t save the economy.  With the interim vaccine results from Pfizer and Moderna, it seems likely that a silver bullet vaccine is on the horizon.  The issue of mucosal immunity (more specifically- whether or not the vaccine will slow down the […]

I wrote about last week’s breadth thrust over the weekend – a development that’s gotten all of the finest technicians in the land bullish about the coming months for stocks. Breadth thrusts at new highs rarely signal the immediate top for a bull market. I like to think of them as confirmation that things are good and can still get better for the major averages. If you’re going to get a breadth thru...

The post Small Caps Break Out of Two Year Consolidation appeared first on The Reformed Broker.

I wrote about last week’s breadth thrust over the weekend – a development that’s gotten all of the finest technicians in the land bullish about the coming months for stocks. Breadth thrusts at new highs rarely signal the immediate top for a bull market. I like to think of them as confirmation that things are good and can still get better for the major averages. If you’re going to get a breadth thru...

The post Small Caps Break Out of Two Year Consolidation appeared first on The Reformed Broker.

As we officially head into the holiday season, many of us in the U.S. will get a few days off this week in observance of the Thanksgiving holiday. Though not much is happening at the office, there are still many working for me today. Not people, but my Dividend Stocks. It is great to know while I am relaxing with family and watching the big game, those stocks are hard at work providing me an

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Pay attention when you hear the technicians start talking about a “breadth thrust” underway. It’s often the signal that markets are leaving a consolidation and breaking out into a new bull market. Not always, but what we saw in the spring of 2013 was breathtaking. It was the moment we broke out of the secular bear market of 2000-2013 and into the current secular bull market, which has now been underway f...

The post Pay attention to the new Breadth Thrust appeared first on The Reformed Broker.

There are generally 3 stages of growth for a successful investor: Stage 1. I know everything (when you’re first starting out) Stage 2. I know nothing (after you learn a bit about markets) Stage 3. I know what I don’t know (after you realize how hard markets are) That last stage is difficult for many people in the world of finance to figure out. Or even if they admit it to themselves it’s difficult to let...