I have no other than great word for you mr. Bear! It's been a pleasure to read every single post from you since I knew you, congrats from Vigo and keep it up!!
"it comes out every Friday morning." - This is why you have made it to 100, and will continue. Creative endeavors require a deadline, and flexibility. I think you've nailed this so far, and look forward to whatever shows up in my inbox next!
It's a sad reflection upon the markets when it's rise and fall depends on what the Fed does for the most part. Given the share buybacks over the last 15 years, in reality earnings are not all that robust and the SPY 's true value is well below 400. But Wall Street likes to keep its secrets and for the retail trader/investor, they are sheep to be sheared.
I think there is definitely a fair-value argument in the mid 400s. Below that seems like a stretch/buying opportunity unless there is a turndown in earnings which I'm not seeing thus far. Thanks for adding your thoughts and thanks for reading!
Love reading this substack first thing every Friday morning. Keep up the great work
I'm glad you find some value or at least enjoyment in it! Thanks for reading!
Congrats on #100! keep up the original and deep analysis and commentary!
Will do Wesley! Thanks for reading
I have no other than great word for you mr. Bear! It's been a pleasure to read every single post from you since I knew you, congrats from Vigo and keep it up!!
Thank you so much. I appreciate your feedback each and every week.
"it comes out every Friday morning." - This is why you have made it to 100, and will continue. Creative endeavors require a deadline, and flexibility. I think you've nailed this so far, and look forward to whatever shows up in my inbox next!
Thank you. I find that i work particularly well under deadlines, and quite poorly without them! glad you have enjoyed reading them so far!
Keep up the great work Bear. My favorite read every Saturday morning (EU guy).
Cheers
Happy to have the global representation! thanks alot Cat
It's a sad reflection upon the markets when it's rise and fall depends on what the Fed does for the most part. Given the share buybacks over the last 15 years, in reality earnings are not all that robust and the SPY 's true value is well below 400. But Wall Street likes to keep its secrets and for the retail trader/investor, they are sheep to be sheared.
I think there is definitely a fair-value argument in the mid 400s. Below that seems like a stretch/buying opportunity unless there is a turndown in earnings which I'm not seeing thus far. Thanks for adding your thoughts and thanks for reading!