The 3 Hardest Jobs in the World
1) Consistently outperforming the stock market. The key word is "consistent" because to be the best at ANYTHING you have to be consistent. Michael Jordan is not considered one of the best basketball players of all-time because he scored 30 points ONCE in a game. It's because he "consistently" averaged 30 points per game over a 15-20 year career. Paul Tudor Jones is not considered one of the best money managers ever because he was positive one [...]
No June Rate Hike
One strong Jobs Report last Friday and it's the end of the world, huh? That's it, the Fed is going to raise rates and the market has topped. For those who don't know me, I'm being sarcastic. Here are a few thoughts: 1) This week, you will hear non-stop discussions about the Fed. My best advice is don't get brainwashed by the financial media. LEARN TO THINK ON YOUR OWN! If you are easily influenced, [...]
Fox Business Video: Bullish Market Outlook
The following Fox Business video is a market discussion I had today (2/16/15) with JC Parets and Liz Claman. Watch the latest video at <a href="http://video.foxbusiness.com">video.foxbusiness.com</a> I can be reached at: jfahmy@zorcapital.com. Follow me on Twitter @jfahmy Follow me on StockTwits @jfahmy Tickers discussed in this video: $DIA $IBB $IWM $MDY $QQQ $SPY $XLE $XLF $XLV
New Highs Coming Soon
Based on my work this weekend and the recent price action, it feels like the market wants to breakout to new highs over the next 3-6 weeks. I came into the year cautious, and that proved to be wise as the market has been extremely volatile to start the year. I don't think they will make this breakout easy for the Bulls. I still expect pullbacks, head fakes, and quick news-driven shakeouts (such as the [...]
Don’t Fight The Liquidity
Earlier today, the European Central Bank (ECB) announced their version of Quantitative Easing (QE). As I have been saying for a long time, we're in a liquidity driven market fueled by a globally coordinated effort to keep rates low and the markets high. Although I came into the year short-term cautious (which was wise due to the increased volatility), I am noticing the following constructive signs in the market: 1) All the major indexes launched above [...]
Obama’s Stock Market
Barack Obama will do everything in his power to keep the U.S. stock market up until the end of his Presidency. He inherited an economy that was in a recession, and his number one priority is to leave the U.S. better off "by every economic measure" than it was when he took office. Now before you jump out of your chair, let me stress that this is NOT a political commentary. These are simply observations [...]