relative strength

Citibank under $10 / share?

November 12, 2007

We’ve been saying for months to avoid real estate, financial, insurance, banking, and brokers. This past week, all of these sectors were taken behind the woodshed and slapped silly again. See, when you add up all of these sectors, we’re talking about a group that represents almost 1/3 of the S&P 500. So, of course [...]

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One of Our Better Tools

November 5, 2007

One of Our Better Tools We’ve got a tool we rely on here at Mullooly Asset Management called “relative strength.” This tool simply tells us which investments are moving faster than the entire market, or moving slower than the entire market. Pretty powerful tool! That’s important – if we want to beat the market, we [...]

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Beating the Market

September 24, 2007

One of the best tools we have at our disposal is something called “relative strength.” Look, you can’t beat the market, unless the investments you own ARE beating the market. In other words, hanging onto something “just because” will always drag down your overall performance. We should not get “married” to a stock. Relative strength [...]

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Cautious Optimism

April 20, 2007

Several indicators I follow have flipped positive recently. That doesn’t mean I don’t want to run right out and invest every last dollar back into this market today. Here’s why: Financial stocks make up 20% of the S&P 500 Index. At 20%,financial stocks are the largest piece of the SP 500, one of the most [...]

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Defensive Steps, part 2

January 20, 2007

Should we just sell everything and raise cash when the market flips from offense to defense? The short answer is NO. Look, going to 100% cash is a very aggressive call. We’d have to be pretty certain there’s no hope at all for the market to make a decision like that. It’s the most aggressive [...]

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