|Day Low/High||442.10 / 448.95|
|52 Wk Low/High||360.79 / 492.00|
* The market structure has changed - this evolution holds important ramifications. * Black Rock's Larry Fink missed an important reason for the market's 2019 advance - it wasn't cash on the sidelines, it was the momentum delivered by the products/st...
* A regime of volatility is growing more conspicuous (and likely) against an investment backdrop dominated by machines and algorithms * More volatility is suggested by an increasingly ambiguous global economic picture and with the chances of policy ...
RMPIA outperformed once gain during April.
Tuesday's rally was primarily a product of poor positioning and too much anticipatory bearishness.
Last week in Operating in Your Circle of Competence, I cautioned that BlackRock's Larry Fink's Bullish hyperbole and non rigorous market "melt-up" forecast should be questioned (or even ignored) and that "the last one in could be a rotten egg": I pr...
Despite Larry Fink's "melt-up" comments, BlackRock strategists are suggesting trimming one's risk in the markets!
* Another lesson learned * The last one in is a rotten egg! I prefer learning lessons when I make mistakes or observe others (possibly) doing the same. When I watched BlackRock CEO Larry Fink, express the view that the Fear of Missing Out ("FOMO") ...
* "FOMO" is not necessarily a legitimate and thoughtful reason to be Bullish * 'Cause when life looks like easy street, there is danger at your door. * "FOMO" is a strategy and argument (mentioned by Larry Fink yesterday on CNBC) for mindless moment...
BlackRock CEO Fink's warning of a market 'melt-up' may be ridiculed by the bears, but he may have a point.
When Netflix reports earnings tonight, what will likely matter above all else for now will be subscriber growth.
The foundation of the recent market rally, to me, is on a shaky foundation. Check out this piece from the IMF. And from my pal Danielle DiMartino Booth: Taking a Bite of Forbidden Fruit VIPs Financial services layoffs continue as BlackRock and Sta...
The steep declines over the past seven months make me much less critical of BLK's Q4 results.
As uncertainty increases, expect greater demand for safe haven assets.
* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...
Buoying RMPIA during the first half of December were shares of Broadcom, Facebook and PayPal.
Prices have made a significant decline from the January zenith but that may not be enough for investors to go long.
The bigger picture argues for further declines at BlackRock.
Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.
On CNBC's Fast Money: Halftime Report: BlackRock's Rick Rieder is extolling the virtues of the front end of the bond market. He is talking my book - as I have my largest exposure (by far) in three month to two year Treasury paper.
It amazes me that there is not constant bearish chatter about this group.
With the market testing record highs, it's no surprise these names are doing well.
On a daily basis (and in real time!) we get great dialogue, value-added investment information and respectful debate in our Comments Section. Here is a vivid example: BillyBob • 6 hours ago Asset Managers getting hit today as Fidelity drops fees to ...
Amazon Prime Day is gearing up and defense firms are preparing for the Farnborough air show.