Tag Archives: CDX index


Liquidity Expands + Credit Markets Improve = Equity Market Rally

Stock Market Strategy: All signs point to a continuation of the current rally. We will continue to use the direction of liquidity and the behavior of the credit markets as our fundamental guides to equity investing. The primary news story making the rounds today involves the European bank stress test results. I have included the official results and accompanying statement […]

Stock Market Strategy: The More Things Change the More They Stay the Same

I must begin today’s missive with an ebullient congratulations to my good friend Blaine Bell! The wedding in Napa Valley this past weekend was beautiful, the bride radiant and the party atmosphere prodigious. While my computer did make the trip to Napa, it was used for portfolio management only. Any free time this past week was spent in the lovely […]