Buying Low and Selling High

Eight Straight Great to Date

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Last week was the 8th anniversary of one of the greatest buying opportunities of most of our lifetimes.  As you can see below, it was obvious to most investors that March 9th, 2009 was going to be the bottom… I’m sure everyone knows I’m kidding…I remember someone in my industry saying to me, “this could literally go to zero.” Yes, …

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VIDEO: It Can Be Hard To Do Nothing

The Monument Wealth Management Team Featured Articles, Featured Articles Page 17

“Here’s an interesting fact – Did you know that a during a penalty kick in soccer, the goal keeper has the best chance of stopping the shot by staying still and not diving left or right? It’s true – there are studies to prove it. The keeper has a 33% chance of stopping the shot if they stay in the …

dow-20000-newspaper

Quick Thoughts on DOW 20,000

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

Dow 20,000 is the talk of the town. There is no escaping it. As I write this (Wednesday at 10:36 am), the index is a mere 0.60% away. But a question being asked, explicitly and implicitly, is this: “Do the current valuation levels (specifically P/E Ratios) signal a market top?” My opinion? Not by themselves. Research from LPL Financial and …

Stocks Are On A Roll – What Now?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 17

Last week was a busy one for me. I had a dinner meeting every evening and there was a resounding theme, both implicit and explicit, in almost every conversation we had – “Is now a good time to add money to portfolios or start taking chips off the table?” Answer: I don’t know. How could I? But that still does …

Quarterly Review – Monument Style

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 17

Well, the first quarter of 2016 is in the books. I thought I’d start with a quote: “And when it’s over, I press rewind though.” – Fetty Wap Oh wait – I meant these quotes… “You are not able to predict what will happen nor when it will happen…and neither am I. Only charlatans and fools believe this is actually …

Recession

There is Definitely a Recession Coming

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 16

I just don’t know when. I’m of the opinion that we simply don’t see enough facts suggesting we are on the cusp of a recession. There are a lot of people out in the press calling for one and I think it’s an attempt to gain headlines with outlandish statements…even if they are not running for President. Rest assured that …

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Economic Review Video: January, 2016

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 16

As you may remember, last July we created the first set of videos for our new Economic Review video series.  Now we are releasing a new video that reviews what has changed in the economy since then and what we believe we will see moving forward.  Thanks for tuning in!   Important Disclosure Information for “Economic Review Video: January, 2016” …