Headwinds Priced In, and Not Priced In

For the past several weeks, I’ve been telling subscribers to The 7:00’s Report about the headwinds facing the equity market. While some of those can be considered headwinds priced in, others are not priced in, and therefore represent future danger for investors. Here’s a quick rundown of the headwinds priced in, and not priced in.[…]

A Second Phase of Selling

Yesterday’s selling was uglier than it should have been given the news and fundamentals, and I am now getting concerned that this decline in stocks may be entering a second phase of selling where price action itself is the downside influence. Specifically, extreme weakness in the biotech stocks (and healthcare more generally) and the industrial[…]

Market Headwinds: Step Forward, Step Back

Two major market headwinds remain for equities: Lack of Fed clarity and concerns about Chinese growth. While there was some slight progress in both last week (which was incrementally positive), it was counteracted by renewed uncertainty in Washington following the news that House Speaker John Boehner had resigned. So, it was one step forward, one[…]