Bargain Hunting for Doorbuster Discounts

This article is an excerpt from a previously released Sidoxia Capital Management complementary newsletter (December 1, 2015). Subscribe on the right side of the page for the complete text. It’s that time of year again when an estimated 135 million bargain shoppers set aside personal dignity and topple innocent children in the name of Black Friday holiday weekend, doorbuster […]

Marathon Market Gets a Cramp

This article is an excerpt from a previously released Sidoxia Capital Management complementary newsletter (October 1, 2015). Subscribe on the right side of the page for the complete text. “Anyone can run a hundred meters, it’s the next forty-two thousand and two hundred that count.” Investing is a lot like running a marathon…but it’s not a […]

Have Peripheral Colds Caused a U.S. Recession Flu?

At the trough of the recent correction, which was underscored by a brief but sharp -1,100 point drop in the Dow Jones Industrial Average, the Dow had temporarily corrected by -16.2% from its peak in May, earlier this year. Whether we retest or break below the 15,370 level again is debatable, but with the Dow […]

A look behind the headline housing starts report for the United States

As discussed in yesterday’s post on residential construction, today’s report on US housing starts indeed showed significant improvements.Investing.comHowever, this is only part of the story. The number of housing starts for single-family units remains to a large extent range-bound (see chart). A great deal of the growth instead is coming from mu…

Signs of improvement in residential construction

Despite tepid wage growth in the US and Dodd-Frank-driven headwinds for mortgage lending (see post), two signs point to moderate improvements in residential construction.1. The homebuilder optimism index recovered more than forecast.2. Lumber futures have risen materially from their lows in June.Sep lumber futures contract (barchart.com)At this point…

Day Trading Your House

By several measures, this economic recovery has been the slowest, most-challenging  expansion since World War II. Offsetting the painfully slow recovery has been a massive bull market in stocks, now hovering near all-time record highs, after about tripling in value since early 2009. Unfortunately, many investors have missed the boat (see Markets Soa…

Watching for signs of US housing market activity

The US housing market remains sluggish, as wages, at least at the national level, have not kept up with the recent price appreciation (see post). The reason for these higher prices is that housing inventories remain tight, particularly in the more desirable areas. A great deal of the inventory has been picked up by “cash buyers” that include domestic…

Winning via Halftime Adjustments

This article is an excerpt from a previously released Sidoxia Capital Management complementary newsletter (July 1, 2014). Subscribe on the right side of the page for the complete text. In the game of sports and investing there are a lot of unanticipated dynamics that occur during the course of a game, season, or year. With the […]