828-274-7844 | info@wofm.us
We know that the current political climate has many investors wondering how the US equity markets will perform under unified political leadership. We think it helps to understand the past in order to think about what the future holds. Today, the folks at Nasdaq Dorsey Wright, who provide us with their proprietary charting information, have [...]
We hope that you have had a very Merry Christmas and holiday season and are looking forward to a Happy New Year. The year 2020 has been strange in so many ways ... some awful and some great. We are all hoping for good health and prosperity in 2021. The past several weeks have been [...]
For the past nearly eighteen years, I have been a trend and momentum investment manager, and it has served White Oak and our investors well. Our success is especially evident this year with outsized returns in a market that has scared many into thinking that it just can’t be. But it can be, and momentum [...]
Something that caught our eye recently was a New York Times article entitled “Once You’re out of the Market, It’s Tricky Getting Back In.” There are some oversimplifications in the piece, like a quote that begins “Jumping out of the market is a mistake”. However, we wholeheartedly agree that “…getting back into stocks can be [...]
Market action on Friday saw muted gains for most domestic equity indices, but those gains did cause the Bullish Percent for the NYSE (BPNYSE) to reverse back up into a column of Xs at 58%. As a refresher, this indicator measures the percentage of stocks in the NYSE that are trading on a current point [...]
It may be hard to believe, but the "dog days" of summer are upon us, and we are just a day away from the official halfway point of 2020. What a second quarter it has been!! The best for the Dow since 1987… the year I started in the investment advice business at the young [...]
I imagine you are weary of the cumulative effects of the quarantine – the virus itself, the economic devastation and uncertainty, and the political infighting. Altogether, they’re enough to make us crazy. However, I am always optimistic and expect things will change for the better soon. Economically, the Covid-19 virus and resulting lockdown have created [...]
The first quarter of 2020 is officially behind us, and it will go down in the record books as one of the most volatile and worst quarters for US equities in history. Luckily, we had begun taking some profits off the table in January in anticipation of normal, broader profit taking in February after a [...]
It’s been quite the ride so far this year, and we are pleased to say that our Fidelity accounts have generally performed very well as compared to the equity benchmarks. In March, the Dow Jones Index had the 3 biggest daily drops AND the 5 biggest daily gains on record. On March 30th the Bullish [...]
The economic fallout from the COVID-19 virus continues to grow, with more events being cancelled and businesses scaling down or altogether suspending operations on a daily basis. In the midst of such widespread consequences, many analysts and pundits have begun to talk about the big R – recession – a word that strikes fear in [...]
