Author Archives: Michael Murphy

Radar Report – 2.17.22

17
Feb 22
Dear New World Investor: I could be wrong, but: * * I didn’t think Putin would invade Ukraine on February 16, I don’t think President Biden’s “sense” that there will be an invasion in the “next several days” is any more accurate, and I think if Putin really...

Read More »

Radar Report – 2.10.22

10
Feb 22
Dear New World Investor: Stocks took a big hit today as the headline Consumer Price Index for January came in at +7.5% year-over-year. Due to the base effect, February could be as bad, but March should start a multi-month trend of lower increases. After very strong Treasury auctions this...

Read More »

Radar Report – 2.3.22

03
Feb 22
Dear New World Investor: The consensus forecast for Friday morning’s January payrolls addition is only +150,000, following December’s weak +199,000. Late last summer, Fed Chairman Powell said he wanted to see monthly payroll additions around +1,000,000 before he raised interest rates. Wall Street’s panicky projection of a 1.25 percentage...

Read More »

Radar Report – 1.27.22

27
Jan 22
Dear New World Investor: So the “hawkish” Fed said no change to their taper plans, they will consider a March interest rate increase, and they won’t sell bonds to reduce their balance sheet, they’ll just let the mortgage bonds mature. Really? With the rate of inflation about to start...

Read More »

Radar Report – 1.20.22

20
Jan 22
Dear New World Investor: The S&P 500 lost 3.8% since last Thursday as fears of interest rate increases, the omicron virus, and war in Ukraine ebbed and flowed. The Index is down 5.9% year-to-date. The Nasdaq Composite lost 4.4% as its advance/decline line registered a net negative reading for...

Read More »

Radar Report – 11.21.19

21
Nov 19
Dear New World Investor: On May 14, 2018, the Supreme Court struck down a 1992 Federal law that effectively banned state-authorized sports gambling, opening the door to legalizing the estimated $150 billion in illegal wagers on professional and amateur sports that Americans make every year. Nevada has had legal...

Read More »

Market Outlook – 10.2.17

02
Oct 17
Dear New World Investor: The S&P 500 ended the week and the quarter with its fourth positive day in a row and at a new record high. The Nasdaq and Russell 2000 also finished at records. The Dow Jones Industrial Average looks like it will join them on Monday....

Read More »

Radar Report – 3.16.17

17
Mar 17
Dear New World Investor: A subscriber who extended her subscription at the special $245 rate last year asked if she could still extend for a second year at the $195 rate. So I set up a PayPal button to do that, and you don’t need a PayPal account to...

Read More »

Market Outlook – 9.5.16

05
Sep 16
The S&P 500 looks like it is finally ready to break out to new highs over 2200. As the underinvested and bearish hedge fund managers get back from the Hamptons, the high fractal dimension on the daily chart can power a move that will put tremendous pressure on them....

Read More »

Market Outlook – 7.18.16

18
Jul 16
Although the S&P 500 futures are up five points in overnight trading as I write, I’m expecting a consolidation week to build up the energy for the next leg up. That could mean sideways action just under the highs, but it is more likely to mean a drop back...

Read More »