This week, nearly every headline was, “TikTok is too Chinese” or “TikTok is not Chinese enough” so I had to take a second to find out what the heck is TikTok? Continue reading “The TikTok “Git Up” Stock Market (and Sentiment Results)”
Category: Commentary
Fox Business Appearance on Friday (Video)
On “The Claman Countdown” this Friday I discussed Warren Buffett’s additional equity investment in Occidental Petroleum (OXY).
The Lil Nas X – “Old Town Road” Stock Market (and Sentiment Results)
This week we are going to discuss the Stock Market in the context of Lil Nas X’s Billboard #1 hit – “Old Town Road.” In the ever popular lyrics he makes the case: Continue reading “The Lil Nas X – “Old Town Road” Stock Market (and Sentiment Results)”
Global Fund Manager Survey (BAML): Bullish or Bearish?
Data Source: Bank of America Merrill Lynch
This morning, the monthly Bank of America Merrill Lynch Global Fund Managers Survey was published. The key point that is being focused on is the fact that cash levels have dropped dramatically in the past 30 days (from 5% to 4.2%). Additionally, equity positioning jumped 20% – to 21% overweight. This was a one year high. Continue reading “Global Fund Manager Survey (BAML): Bullish or Bearish?”
The Katy Perry “Hot ‘N Cold” Stock Market (and Sentiment Results)
In last week’s note on stock market sentiment, we laid out a bullish case over the next 6 months, and simultaneously cautioned against possible mini-shakeouts in the short term designed to take out the late money – that has just joined the party off of the August lows (in recent days/weeks). Continue reading “The Katy Perry “Hot ‘N Cold” Stock Market (and Sentiment Results)”
The “Three Tenors” Stock Market (and Sentiment Results)…
“O Sole Mio” was composed by Eduardo Di Capua in Odessa during April 1898. He later sold the rights of the song to the Bideri publishing house for 25 lire. It has had many renderings and iterations, but recently is most widely known for its performance by the Three Tenors; Plácido Domingo, José Carreras and Luciano Pavarotti. Continue reading “The “Three Tenors” Stock Market (and Sentiment Results)…”
The Kenny Chesney “Everything’s Gonna Be Alright” Stock Market: (AAII Sentiment Survey)
Country Star, Kenny Chesney wrote a hit song last year entitled, “Everything’s Gonna Be Alright.” With everyone now focused on the rear view mirror data – it hardly seems like an appropriate theme…
The Taylor Swift, “Shake It Off” Market…(AAII Sentiment Survey)
On Monday, my wife waited on the special mobile queue to score 4 tickets for Taylor Swift’s concert in Massachusetts this August. She finally got through many hours later and was elated for us to pay more than the cost of my first car for each of the four tickets! But, our 5 & 7 year old daughters will never forget it, so why not? And, we’ll catch a Yankees v. Red Socks game at Fenway Park – so everyone wins (even though I’m a Mets fan)… Continue reading “The Taylor Swift, “Shake It Off” Market…(AAII Sentiment Survey)”
BAML Global Fund Manager Survey: Slippery When Wet
I have posted the October BAML (Bank of America Merrill Lynch) global fund manager survey above. Hat tip to Paul Hickey at Bespoke and Jeroen Blokland for tweeting it out this morning. Continue reading “BAML Global Fund Manager Survey: Slippery When Wet”
Snake OIL? How Portfolio Managers View Exploration & Production Stocks…
I was doing my normal stock, earnings and sector research over the weekend and I came across this Exploration and Production Sector chart XOP (above). The 2007-2009 financial crisis was a “once in a generation” collapse similar to 1973-1974 and prior to that the Great Depression. The implication of this sector trading at 2009 levels today – is that Oil and Gas Exploration and Production stocks are “snake oil” as defined by Dictionary.com as: a product of little real worth or value that is promoted as the solution to a problem. Continue reading “Snake OIL? How Portfolio Managers View Exploration & Production Stocks…”