Our portfolio management strategy at Mullooly Asset Management has two main parts: point and figure charting and relative strength. Relative strength is also referred to by academics as the momentum factor. To put it plainly, relative strength (or momentum) is...
I've recently been reading the fourth edition of Jim O'Shaughnessy's What Works on Wall Street. One of the topics covered early on by Jim is why statistically based models beat human forecasters. To summarize, it's all about our human inability to make emotionless...
We are sure you have all heard about the ongoing fiasco involving Hillary Clinton. Fred Wilson from AVC posted a helpful article surrounding an important message to gain from Clinton. Too many people in our society today take email for granted. They treat it as if...
When it comes to financial advice, there's a lot of ambiguity surrounding titles. The list is a mile long and includes names like: financial consultant, fee-based advisor, account executive, associate, financial advisor, investment adviser, financial planner, wealth...
In a recent article on the blog, I Heart Wall Street, the topic of broker versus adviser was brought up yet again. This is a reoccurring topic within the industry, and it's mostly due to the continued confusion surrounding it. We feel this is a very important...
James Osborne, from Bason Asset Management, recently published one of the more important articles we've stumbled across lately. He talks about the all-important aspect of client-advisor expectations, and how to manage them. There are 2 important 'expectations'...
In addition to flipping out about interest rates that have not even moved yet, the US dollar continues to strengthen. This is primarily because around the globe, folks are realizing the banks in Europe are essentially paralyzed. There are worries the “quantitative easing” program begun in Europe (only yesterday!) may not be enough.
Last week, it was announced Apple will be added to the Dow Jones Industrial Average on March 19th. Since the Dow Jones holds just 30 stocks, one has to go. AT&T is being dropped on that day.
Market Commentary March 5, 2015: NASDAQ closed above 5000. This last happened 15 years ago. Also, Yellen hopes to avoid upsetting markets when rates rise.
When it comes to investing, risk tolerance is the amount of risk you're willing to take as an investor. We all have to take some degree of risk to enjoy any type of return. Different investors are comfortable with different levels of risk taking. Some advisors and...
