Trade Alert: An ETF In No Man’s Land Between Growth and Value

Demand for momentum stocks tends to rise in response to higher prices. Conversely, demand falls in response to lower prices. That's the opposite of real-world laws of supply and demand. It’s the opposite of a value-conscious investor. This month, Jim and Dan focus on one ETF with holdings of momentum stocks that headed into 2021 with no valuation support. Today they are in no man’s land, caught between momentum investors who have been selling, and value-conscious investors. Value-conscious investors might become buyers of these stocks, but not until prices have fallen much further.

C.O.B.R.A. December Portfolio Update

We recommended exiting a few positions this week that had unusually large percentage increases in last Friday’s global risk-off trading session. The media narrative was that sell-off was due to a new COVID variant. This is why COVID policies are one of the macro factors Jim monitors to guide our trades. For now, Dan updates you on the open positions in the portfolio.

Why Turkey Is In a Crack-Up Boom

The Turkish currency is in a downward spiral as investors move lira bank deposits into real assets, including stocks. Also, the Turkish economy will suffer as a result. Productivity will fall as companies stop investing in long-lead-time projects for fear of earning a return in currency that may be worthless a decade or more in the future. Continue to hold puts on the iShares Turkey ETF.

Why I Copped It on the Jab

I took my first AstraZeneca jab yesterday. No, I don’t think it’ll do much. And no, I’m certainly not going to tell you to do it. Happy Hump Day, my friend! Today, I will do something the late, great Jim Camp always said a negotiator should do. I’m going to give you the right to...

Why Don’t Big Companies Seem to Care About Their Customers?

To be clear, I’m talking about mega-cap companies. Customers, I find, are no bargain, either. Let’s look at both sides to see what we can come up with. Good morning on this bright, sunny day.  It’s gorgeous here in the Phils, as I close in on my last few months of living here. Rude reader...