What we are buying now

Asset allocation rather than single name stock selection is where the vast majority of portfolio gain stem from over time. At present we are buying two specific parts of the equity market, both of which have been notable multi-year underperformers and have largely fallen out of favor by investors. Therein lies the opportunity.

A regime change is underway

After a decade of dramatic outperformance, the Nasdaq 100 is starting to falter both in absolute and relative terms. This is a big picture view, not an immediate gratification trade.

Why implied volatility is so important

https://youtu.be/QCtI2wgvO1E Next time you are looking to buy or sell an option, pay close attention to the option’s implied volatility level. This is crucial because high implied volatility options sometimes can prevent you from making money, even if you are dead on correct in your directional assessment of the underlying stock or ETF.

Equities could pause here for a short while

In this short interview I was making the case for a possible near term pause for equities but also the continued bull market through Q2. We also discussed TWTR, oil, and the metals

The Opportunities In Cannabis Are Only Just Beginning

The seismic shifts taking place in the cannabis industry (legalization, health trends, etc) are shaping up to be giant tailwinds for investors in this space. I sat down with colleague and friend Marc Denogent to discuss this big opportunity.

Why bond yields matter for the stock market

https://youtu.be/GBJSJqDT0yY Why do some stock investors get concerned when bond yields rise? And what may be an alternate asset allocation to the S&P 500 at this juncture? Watch the video.

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