Historically, What’s 4Q Looked Like When the Market Has Been Up a 4th Consecutive Year, YTD through 3Q?
This is a relevant question – with the Dow up 11% YTD through 3Q, it appears as if the index will register a 4th consecutive annual gain. To answer that question, see the analog below. In it, I’ve looked at…...
Using Historical Parallels to Forecast Equity Returns in 2013 & Thereafter
Let us preface this post with the following – we are NOT doom and gloomers and we hesitate to even pen a post implying the market could fall materially, which is what we do below. In fact, we are incredibly…...
Biotechs Should Continue to Out-Perform Materially
On July 16th we noted pharma and biotechs were working on noteworthy, long-term technical break-outs. Regarding those groups, we said the following in that prior post: “The set-up in bio-tech is the most compelling given that the DJ Bio-tech index has already…