Author name: Bruce Zaro

After a long stretch where growth investors were richly rewarded and value investors took their position in the rear, late 2021 saw a shift. In the market drawdown of 2022, value investors jumped ahead…..and saw much less decline in value. When exactly did Value start its outperformance? After a multi year period when growth shined, […]

George Washington had wooden teeth. Bulls get angry when they see the color red. There are many commonly held beliefs that are, in fact, untrue. Here’s a common stock market concept, one I heard stated as truth yet again a few days ago: the week of monthly options expiration often sees increased volatility, and whichever

We define the Santa Claus rally period of December 15th to January 15th. Traditionalists consider the Santa Rally Period December 15th to December 31st. In our blog post of December 14th (“Santa Claus Rally & The January Effect”), we discussed the block of time from December 15th to January 15th. This period is the tail

We get asked quite a bit…..Is this the bottom or a bottom? Given the dreadful performance of all asset classes in 2022 it’s a question investors are asking themselves. I felt confident in my call that the October 14th bottom would be The Bottom….I still feel that way. Conversely, Barry Ritholtz recently penned a very

DECEMBER 14, 2022  INSIGHTSINVESTMENTINVESTMENT MANAGEMENTMARKET HISTORYTECHNICAL INSIGHTS We believe the rally will arrive this year, but with a caveat. Expect this to be more prominent for small caps. The period between December 15th to January 15th takes into effect the “Santa Claus Rally” period as well as the January effect period. If viewed as a continuous

We have monthly Investment Policy Committee Meetings to discuss the changes that take place in the markets. Fundamental and technical factors are on the agenda. We want to focus on what we see on the technical landscape right now…….. that being the potential for Asset Class changes. Returns for 2023 will be determined in large

How has the earnings season gone? But, more importantly, how have stocks reacted to those earnings releases? Going into earnings, investors had great concerns about the 3rd quarter, as well as forward earnings visibility. Historically, earnings reports have exhibited a bit of sandbagging where the CEO or CFO will set the bar for forward visibility

NOVEMBER 10, 2022  INSIGHTSINVESTMENTINVESTMENT MANAGEMENT Sector rotation is an investment strategy revolving around the movement of money between various industry categories of the markets, such as technology, financial services or healthcare. It can, however, also be applied in other ways where multiple categories can be measured and assessed: Asset classes: domestic equities (stocks), international equities, fixed

Today is election day, and that always comes paired with unrelenting news platforms blasting forecasts and results in your face for days leading up to the election, and weeks afterwards as well. What also comes along with midterm elections, though, is the historical trend of positive stock market returns in the 12 months following midterm

Short-term indicators are pointing investors to look through the windshield. We believe this is an early signal confirming that a new, sustainable uptrend is close. Recently, investors’ concerns over earnings and revenue short-falls going into Q4 and 2023 have taken center stage as they look for signs of an “earnings recession” – meaning year-over-year declines