Now THAT Is Volatility

Volatility is part of investing, but volatility is not RISK.  Risk is losing money in long, drawn-out market crashes.  However, without the proper mindset and behavioral training, market volatility can cause stress like no other.  Take for instance, the following two...

What Now?

The S&P500 fell -4.1% yesterday, which capped off a 6-day pullback that ended in a total drawdown of -7.8%.  Looking at where the market sits today, the price is roughly the same as it was on December 8th (or roughly eight weeks ago). As I write this week’s...

Record-Breaking Momentum Ignites Warning

In our annual Market Outlook, I mentioned that 2017 was one of the smoothest years for the market in history.  I also wrote in the written supplement to this year’s outlook that if you added up all the days that the market was down in 2017, the total was equivalent to...

Market Outlook and Forecast for 2018

In the past, I’ve always put together a recorded screencast so that readers could follow my mouse and listen to me explain my way through charts, tables, and graphs.  If you’d rather watch the 20-minute video and listen to me talk at you with a cold as I lose my...