Focus On The Rate Of Change For Signs Of A Bottom


  • It looks like we have seen a peak in the price of oil, which is the first sign that the market may have bottomed.
  • I also saw some daylight in the Producer Price Index.
  • Focusing on improvements in the rate of change for each economic data point will be the best indicator that the bottom is behind us.
  • This idea was discussed in more depth with members of my private investing community, The Portfolio Architect. Learn More »

Red Ball On Abacus

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Stocks soared across the board yesterday with the exception of the energy sector, due to the more than $6 drop in crude oil, which is now well below $100 a barrel. Investors looked for bargains in technology names after the Nasdaq

market averages - Dow, Nasdaq and S&P 500

fed rate hike will be first since 2018

PPI - Goods vs Services

New York Fed Median Earnings Growth Expectations

New York Fed Median inflation expectations

New York Fed Earnings Growth Less Inflation - real earnings

Lots of services offer investment ideas, but few offer a comprehensive top-down investment strategy that helps you tactically shift your asset allocation between offense and defense. That is how The Portfolio Architect compliments other services that focus on the bottom-ups security analysis of REITs, CEFs, ETFs, dividend-paying stocks and other securities.  

This article was written by

Lawrence Fuller profile picture
A foundation, framework and discipline for optimizing portfolio performance

Lawrence is the publisher of The Portfolio Architect. He has more than 25 years of experience managing portfolios for individual investors. He began his career as a Financial Consultant in 1993 with Merrill Lynch and worked in the same capacity for several other Wall Street firms before realizing his long-term goal of complete independence when he founded Fuller Asset Management. He graduated from the University of North Carolina at Chapel Hill with a B.A. in Political Science in 1992.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Lawrence Fuller is the Managing Director of Fuller Asset Management, a Registered Investment Adviser. This post is for informational purposes only. There are risks involved with investing including loss of principal. Lawrence Fuller makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made by him or Fuller Asset Management. There is no guarantee that the goals of the strategies discussed by will be met. Information or opinions expressed may change without notice, and should not be considered recommendations to buy or sell any particular security.

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