Submitted by Lance Roberts via RealInvestmentAdvice.com,
Visualizing 10-Reasons For Caution
Just recently, David Rosenberg in a recent research note, laid out 10-reasons to be cautious in the market. I thought it would be useful to look at each of these in a visual form to get a better idea of what he is addressing.
The obvious reason to look at these indicators is that market records are records for a reason. As I wrote previously:
In its latest annual letter, released at 8am on Saturday, Warren Buffett’s Berkshire Hathaway said Q4 profit rose 15% as net income increased to $6.29 billion, or $3,823 a share, from $5.48 billion, or $3,333 the previous year, while operating earnings, which exclude some investment results, were $2,665 a share, a slight miss to the $2,717 consensus estimate.
Via Dana Lyons' Tumblr,
The number of unchanged issues on the NYSE has spiked, often a sign of complacency among investors.
The near-record string of 10 consecutive Dow Industrials record highs, a streak not seen since early 1987, may be about to end if futures, which are currently trading -0.3% lower, fail to stage a rebound.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
A friend reached out to me today and asked me a simple question:
“If the average person gets a $3000 tax refund every year and then invests the refund into the S&P 500, what would their end result look like?”
No problem. All we need to do is make a few quick assumptions.