2023 Barron’s “The Trader” Columns and WSJ Stock Market Data
The Stock Market Storm Is Far From Over
Stocks alternated strong rallies and sharp declines this past week amid a stretch of bank blowups and attempts to shore up the financial system.
S&P 500: 3916.64
The Stock Market Is Getting Hit by Higher Rates and Tumbling Banks. Why the Next Move Could Be Higher.
Rates are rising. Banks are failing. And, believe it or not, the S&P 500 could still hit 4600.
S&P 500: 3861.59
Jupiter and Venus Are Aligned, and the Stock Market Is Rallying Again
Jupiter and Venus appear to be “touching” despite being separated by 400 million miles. The stock market, seemingly millions of miles from the Fed, is in no rush to converge.
S&P 500: 4045.64
The Stock Market Doesn’t Look Cheap—Any Way You Slice It
Stock indexes closed another losing week in a downbeat February, as investors continue to debate the path of the economy and monetary policy.
S&P 500: 3970.04
Should You Sell Your Stocks in March and Go Away? Maybe.
Investors have heard the dictum “sell in May and go away.” This year they might want to consider selling in March.
S&P 500: 4079.09
The Stock Market Just Had Its Worst Week of the Year. No News Is Bad News.
It’s the middle of February, and the stock market finally seems caught in the winter doldrums. There may be more gray days ahead.
S&P 500: 4090.46
The Stock Market Is in the Mood to Rally, Even if It Defies Logic
“The disinflationary process has started,” said Federal Reserve Chairman Jerome Powell at Wednesday’s press conference, and with that, the stock market took off.
S&P 500: 4136.48
An Unstoppable Market Is About to Meet the Immovable Fed
The stock market has acted as if the Fed doesn’t exist as it jumps out to a quick start. Expect Fed Chairman Jerome Powell to remind it when the central bank hikes interest rates this week.
S&P 500: 4070.56
Stocks and Bonds Are Sending Different Messages. One of Them Is Wrong.
Stocks have embraced the concept of a soft landing so far in 2023. Bonds are trading like a recession is nigh. Only one can be right.
S&P 500: 3972.61
Inflation Isn’t the Stock Market’s Biggest Problem Now. Deflation Is.
The boogeyman of disinflation—and even some deflation—is about to become the biggest risk to stocks, and investors are going to have to figure out how to position portfolios for falling prices.
S&P 500: 3999.09
The Stock Market Is Off to a Great Start. Earnings Season Could Be a Problem.
Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.
S&P 500: 3895.08