Weekly stock picks clobbered the market yet again! Even so, the set of Base Stocks lagged the market a bit and as a result I am dropping two of my Base Stocks: IBM and GE. I am replacing these two dropped stocks with Shopify (SHOP). The following chart summarizes the Monthly Base Stock performance. April… Continue reading April 2017 Stock Pick Perfomance
Author: Gary Marché
I have a PhD in economics with emphasis in International Economics, Comparative Economic Systems, Open Economy Macroeconomics, Public Finance, and Policy Analysis and Program Evaluation. I am also a successful life-long investor . . . and hope to continue to be.
The Stock State: Market Outlook and Strategy
After a strong run-up from the November election and through February, the market was up on a “Trump Bump.” Personally, I thought the “Trump Bump” was more of a celebration over the discontinuance of anti-market policies put in place by an Obama administration that never understood how a market economy works. Hilary Clinton would have… Continue reading The Stock State: Market Outlook and Strategy
Stock Traders and Stock Investors
The difference between stock market traders and stock market investors is often confusing. Here are some brief definitions and examples of each type of trader. According to Ian Harvey at Investopedia (downloaded on 4/10/2017), Stock traders tend to have a short-term time horizon and buy or sell stock based on the market and its characteristics… Continue reading Stock Traders and Stock Investors
April 2017 Stock Picks and Market Strategy
Trading range, consolidation, pull-back to 200 day support line are all possibilities to look forward to in the near term. The market tends toward risk-on with good news about fundamentals such as the ADP hiring report this Wednesday. By contrast, political uncertainty “noise” has a strong, or even stronger, negative effect pushing investors into the… Continue reading April 2017 Stock Picks and Market Strategy
March 2017 Stock Pick Performance
March Stock Picks the market again . . . just like in February! Base stocks were minus 1.66% for the month but outperformed the Dow, which was down 2.14%. The S & P 500 was down 1.39% and the NASDAQ was up 0.13% for the month of March. Nothing stellar here as the Trump bump… Continue reading March 2017 Stock Pick Performance
Flow Theory of the Stock Market
Flow theory is about the flow of money into and out of stocks, economic sectors, and the overall stock market. I am going to focus on the overall stock market. Flows into and out of the stock market occur for different reasons in the longer-run period (greater than 1 or 2 years) versus the shorter-run… Continue reading Flow Theory of the Stock Market
Weekly Stock Picks for March 2017
Week 1 The market remains kind. I continue to buy the inverse beta stock TZA when the market is up and sell when the market is down, but I always hold a minimum of 3% in my portfolio. Along with potential profits from TZA, I have increased cash holdings in case a market correction serves… Continue reading Weekly Stock Picks for March 2017
Economics Textbooks
Here are some links to my two economics textbooks published by Kendall Hunt. https://he.kendallhunt.com/product/introduction-macroeconomics-0 Introduction to Macroeconomics https://he.kendallhunt.com/product/introduction-microeconomics-0 Introduction to Microeconomics Both texts are available in the cheaper e-book format and will provide a good reference for economic theory. Also, both texts are written at the principles or introductory level and do not presuppose any… Continue reading Economics Textbooks
February 2017 Stock Pick Performance
All recommended base stocks had positive gains during the month of February. Data is in in monthly and annualized percentage changes. For comparison, . . . . . . . . . % change February . . . (% change Annualized) DOW 30 . . . . . . . . . 4.63% . .… Continue reading February 2017 Stock Pick Performance
The Border Adjustment Tax (BAT) is really GREAT!
Economists seem less worried about it for several reasons. First, other countries we trade with use the same thing against us. Second, a BAT is not a trade restriction such as a tariff or quota that the World Trade Organization (WTO) can overturn as being in violation of a previous trade agreement. Third, a BAT is not a trade export subsidy that would lead… Continue reading The Border Adjustment Tax (BAT) is really GREAT!