The NEW Daily Decision - A Step In The Right Direction


The State of the Markets:

It always seems to happen this way. Last week the title of my lone missive was, "All is not right with the world." The key point I wanted to make was that while the U.S. stock market looked to be in pretty good shape, the world markets were not. And since the best bull market runs tend to be global in scope, I thought it made sense to alert readers to what I perceived to be an important risk factor.

So, what did Ms. Market do with my global macro warning? Step lively to new all-time highs, of course - LOL!

Such is the game we play and one of the primary reasons I don't believe in trying to make "calls" on what is about to happen next in Ms. Market's game. I've been in the business of investing since mid-1980 and I can say with absolute certainty that no one has been able to consistently "call" the next move in the market for any length of time.

Sure, I could hammer away at the keyboard this morning and 'esplain' that these types of divergences tend to occur late in the cycle and that we should keep our eyes peeled for trouble ahead. I could point to any number of scary numbers to make myself feel better about my "warning." I could even go so far as to say that I will be "right" in the end.

Lessons Learned

But here is a lesson I learned from Ned Davis a LONG time ago. Unless you make your living selling advertisements (which requires consistent "eyeballs" on your musings and everybody in the publishing business knows that fear sells), the business of investing isn't about "being right." No, it's about "getting it right" and "making hay while ...

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The NEW Daily Decision for 8.13.18 - Fresh Worries, But No Crisis


The State of the Markets:

A new worry about contagion, rising inflation, political risks, geopolitical issues, concerns about peak growth (especially in semiconductor-land) and, of course, the trade war all combined to create a weak ending to what had been, ...

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The NEW Daily Decision for 8.6.18 - Goldilocks Looks To Be Alive And Well


The State of the Markets:

The headlines blared that the July's Jobs Report was a "miss." This was due to the fact that, according to the Labor Department, the economy created 157,000 new jobs last month, which was below the ...

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The NEW Daily Decision for 8.2.18


THE LATEST UPGRADE TO DAILY DECISION IS LIVE!

We are excited to announce that the latest upgrade to the Daily Decision service was implemented on Monday, July 9.

The new, state-of-the-art portfolio will be comprised of three parts.

  • 50% Risk ...
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The NEW Daily Decision for 8.1.18 - A Worry Worth Considering


The State of the Markets:

To be sure, there will be a lot of keystrokes used to talk about Apple (NASDAQ: AAPL) today. Frankly, it is very interesting to hear all the analysts talk about Apple's upside potential given the ...

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The NEW Daily Decision - As Good As It Gets?


The State of the Markets:

After a sloppy June, stock market investors appear to be enjoying the month of July. So far at least, the S&P 500 sports a gain of 3.75% for the month and is inching closer to ...

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The NEW Daily Decision for 7.23.18 - It's Time To Be Careful On That Ladder


The State of the Markets:

Since we are deep into summer vacation season, I'm going to keep things brief this morning and let the indicators do most of the talking.

My take on the current market action is the consolidation ...

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The NEW Daily Decision for 7.19.18 - A Look At The Big-Picture


The State of the Markets:

The original purpose for my oftentimes meandering morning market missive was to identify the driving forces behind the market action. The thinking was that putting to paper (so to speak) my thoughts on why Ms. ...

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The NEW Daily Decision for 7.16.18 - Divergences Are Yellow Flags


The State of the Markets:

The NASDAQ - you know, the index where most of the market's hot stocks tends to trade - closed Friday at a fresh new all-time high. The S&P 500 appears to have broken out of ...

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Update: The NEW Daily Decision Portfolio Positions

To review, the NEW Daily Decision Portfolio is designed to be a risk-managed, multi-strategy approach to the markets.

To start, 50% of the portfolio is allocated to our Risk Managed Growth strategy, which itself is comprised of 3 management strategies ...

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The NEW Daily Decision for 7.11.18 - Let's All Play: Breakout or Fakeout?


The State of the Markets:

CNBC's "Fast Money" kicked off their show Tuesday afternoon with a game they called "Breakout or Fakeout." To be honest, I usually have the T.V. on mute the vast majority of the day. However, this ...

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The Daily Decision for 7.10.18 - All About The Growth?


The State of the Markets:

Don't look now fans, but the S&P 500 is up three days in a row and has finished in the green five of the last seven sessions. This in the face of all the trade ...

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