Stone Fox Capital

The Entry Point Market Investors May Be Missing

I'll take the opposite side of that trade. When everybody expects an outcome such as a W recession it isn't likely to happen.


On Nov 04 06:18 AM Mad Hedge Fund Trader wrote:

> dfh The scariest costume I saw on Halloween worn by a kid dressed
> as the Dow Jones Industrial Average. Listening to all of the gnashing
> of teeth and hand wringing after the Friday close about broken trend
> lines, accelerating downside volume, and crisscrossing moving averages,
> you would think that a time machine had just magically transported
> us back to the dark days of March, 2009. The volatility index (VIX)
> has popped from 20% to 30% in a week. Impressive. A new CNBC poll
> says that two thirds of investors are now expecting a “W” shaped
> recession, and that the next big move in the market is down. Once
> all of the performance chasers finally got the equity weightings
> they should have had last March, the market could only go down. We
> cut through support in the S&P 500 at 1050 like a hot knife through
> butter. Next stop: 980. Then hold your breath.

Eight Companies That Are Hiking Dividends

Good article. Its nice to see some of the positives in this market where everybody is focusing on all the negatives. Not every company is having problems.