Ryan Detrick
What Is It Like to Go on TV?
“I don’t know what they are going to ask me, but I know what I’m going to tell them.” -Ryan Detrick I was in New York City on Tuesday for a day trip to do some media. We’ve been trying to find a time that worked for awhile and I was able to fly in …
Ryan Detrick
September 8, 2023
Three Reasons Stocks Might Shine in the Usually Weak September
“If you torture numbers enough they will tell you anything.” -Hall of Fame and Yankee great Yogi Berra After the best start to a new year over the first seven months for the S&P 500 since 1997, stocks finally fell in August, ending a five-month win streak. In the end the S&P 500 was down …
Ryan Detrick
September 5, 2023
Busting 7 Common Myths
We’ve been hearing many of the same myths over and over, yet we don’t think they are the big worry that the media and many make them out to be. These are legitimate concerns and have many investors worried, but we think the chances of them becoming larger issues are smaller than many expect. We …
Ryan Detrick
August 31, 2023
This Is Normal
“Who you gonna believe, me or your own eyes?” Groucho Marx Nearly right on cue, stocks have had a rough August. We noted at the start of the month that the odds were high for some type of seasonal weakness, coupled with many of the longtime bears suddenly changing their tunes. The good news is …
Ryan Detrick
August 30, 2023
Volatility Is Part of the Game
“The stock market is a giant distraction to the business of investing.” Jack Bogle, Founder of Vanguard With stocks up five months in a row, we’ve hit some weakness so far in August, which is fairly normal as we discussed in Stocks Don’t Like August, Now What? Here’s the truth, investors have been rather spoiled …
Ryan Detrick
August 24, 2023
Now They Turn Bullish?
“When the facts change, I change my mind – what do you do, sir?” -John Maynard Keynes One of the main reasons we were overweight equities at the start of this year was because virtually no one else was, as we explained in mid-December in Is Anyone Bullish?. Sure, there were a few bulls, but …
Ryan Detrick
August 17, 2023
Why $1 Trillion in Credit Card Debt Isn’t a Bad Thing
“It’s not what you look at that matters, it’s what you see.” -Henry David Thoreau It finally happened, US consumers officially have more than $1 trillion in credit card debt, an all-time record. Not surprisingly, many claimed this was a sign the consumer was tapped out and simply spending and buying everything on credit cards. …
Ryan Detrick
August 11, 2023
11 Things to Know About the U.S. Debt Downgrade
“I don’t make jokes. I just watch the government and report the facts.” -Will Rogers What happened? Rating agency Fitch downgraded the U.S. government’s longer-term credit rating to AA+ from AAA. This was the second time in history a rating agency did this, as S&P Global Ratings did it in August 2011 after a government …
Ryan Detrick
August 3, 2023
Stocks Don’t Like August, Now What?
“Plans are worthless, but planning is everything.” President Dwight D. Eisenhower Another month and more strong gains. Make that five months in a row, the S&P 500 finished higher. The S&P 500 is now up close to 20% on the year, just like everyone predicted. 😉 We came into the year overweight stocks and remain …
Ryan Detrick
August 1, 2023
Talking About the Bull Market with Tom Lee
Sonu and I were honored to be joined by Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors, this week on the Facts vs Feelings podcast! I’ve been a fan of Tom for many years and you might know him for being one of the very few bulls coming into this …
Ryan Detrick
July 28, 2023