Last weekend I enjoyed what many refer to as the "end of summer" here at the Jersey Shore. Despite the fact that Labor Day weekend doesn't even come close to ending this beautiful time of year here in New Jersey, I managed to take away a valuable lesson that applies...
Yesterday I read an excellent post by Corey Hoffstein of Newfound Research. He discussed the recent market volatility, and suggested that many investors might feel worse about it in comparison to other very similar corrections. The reasoning he provided makes a lot of...
We've gained an outstanding education on relative strength investing from our friends at Dorsey Wright and Associates. Between their Point and Figure Institutes and daily research, they've taught us an incredible amount about the markets. One of the biggest tools they...
There's a stigma surrounding home exercise DVD programs, I get it. Maybe it's driven by the infomercials or the way they seem to gather cult-like followings. Either way, I'm willing to admit that I've become a Tony Horton disciple over the last few years. Every...
I recently read Jim O'Shaughnessy's What Works on Wall Street for the first time. This is undoubtedly a book that I'll be returning to time and time again, as there's no way I absorbed the entirety of its wisdom on first pass. However, I did take away a great deal...
This morning at our daily research meeting, we discussed something that several clients have brought up to us recently: it's June and the Dow Jones Industrial Average and S&P 500 are barely positive for the year. While it is important to monitor your portfolio's...
Yesterday the Dow Jones Industrial Average celebrated its 119th birthday! Charles Dow and Edward Jones created the index, and it was first calculated on May 26, 1896. While the Dow Jones Industrial Average is certainly the most discussed US market index, you may be...
For many investors, their workplace retirement account is the largest nest egg they'll accumulate. Whether your option is a 401k, 403b, or 457, recently the message has become loud and clear: tax-deferred savings are something to take advantage of. If you're...
A topic we can't seem to discuss enough here at Mullooly Asset Management is relative strength. Relative strength refers to the momentum factor. As John Lewis, CMT of Dorsey Wright Money Management described in a recent whitepaper: "Relative Strength (momentum)...
Exchange traded funds (or ETFs) have been around since January of 1993. SPY (the S&P 500 index ETF) was the first of its kind, and we've watched the industry evolve from there. After SPY, we saw the ETF universe expand to include sectors, international indexes and...
