4/3/17

Chicken Little Portfolio Performance March 2017

In March 2017, the Chicken Little Portfolio lost 0.26% while the Dow Jones Industrial Average lost 0.59%. Overall financial markets remain optimistic; risky assets continue to soar while scared cowards like Chicken Little angrily hide in our financial bomb shelters.


Chicken Little sold stocks and re-entered the bomb shelter

3/28/17

Chicken Little Chickens out of US stocks


On July 14, 2016, Chicken Little bought stocks following up on a May 2016 Chicken Little checklist for becoming bullish

As of March 28, 2017, Chicken Little's dalliance with US stocks is over. In spite of  'free money' in the US stock market, Chicken Little has sold all of his holdings. Why give up free money?  


Chicken Little sells US Stocks

3/13/17

Chicken Little Kiss and Tell

On August 11, 2016, Chicken Little broke up with Treasury bonds, his primary investment for almost a decade. In subsequent months, Chicken Little told of three investment "first dates" - Buying US Stocks, Shorting Non-US stocks, and Shorting gold. This posts updates those investment first dates. 


Chicken Little & New Investment Love

3/6/17

Chicken Little Portfolio Performance February 2017

In February 2017, the Chicken Little Portfolio gained 0.91% while the Dow Jones Industrial Average soared 5.13%.
Chicken Little's small brain is obsessed with one feature of financial markets, a newly hawkish US Federal Reserve.



Janet Yellen is going to restrain the Bull Market


2/28/17

Stock Market's Evaluation of President Trump

On November 8, 2016, when the world still thought Hilary would win, the Dow Jones Industrial Average closed at 18,332. Today, The Dow closed 13.5% higher at 20,812. 


The Trump Rally is smaller that it appears

Given the pending tax cuts, the question is why is the Trump Stock Market rally so tepid? 

2/16/17

Janet Yellen becomes a data dependent hawk.

Janet Yellen wants to become a hawk. 2017 is the year of the "Yellen Collar". This fact is currently underappreciated by financial markets. 


Accipiter yellenis 


2/14/17

Chicken Little Portfolio Performance January 2017

In January 2017, the Chicken Little Portfolio gained 0.06% while the Dow Jones Industrial Average gained 0.53%. Chicken Little is feeling more bullish than he has in years, but is not sure whether feeling bullish is a warning sign.
Chicken Little is Feeling Bullish

1/30/17

Chicken Little First Dates: Shorting Gold

On August 11, 2016, Chicken Little broke up with Treasury bonds, and began looking for love elsewhere. 

Consistent with his "Investment Rules," this post describes the third of three first dates for Chicken Little. 


Date #1 was buying US stocks, Date #2 was shorting non-US stocks, Date #3 is shorting gold.  


Chicken Little sells gold short 

1/30/17

The Raging Chicken Little Bull



Chicken Little is Bullish. How bullish? So bullish that he owns stocks, so bullish that he wants the stock market to rally, so bullish you should all be very afraid. 
*Chicken Little is a snorting, rip-roaring bull


1/27/17

DOW 20,000 and Mean Markets

In 2013, I incorrectly predicted that the Dow Jones Industrial Average would hit 5,000 before it hit 20,000.

Financial markets can be frustrating and mean. In this case, perhaps the market has a sense of humor. By some strange coincidence, I was at the NYSE on January 25th at the exact moment that I was proven wrong.


At NYSE January 25, 2017 for Dow 20,000! 

I promised a set of excuses and you can read them here: Terry's excuses for being wrong.



1/17/17

Chicken Little Portfolio Performance December 2016

In December 2016, the Chicken Little Portfolio lost 0.08% while the Dow Jones Industrial Average gained 3.42%.

Chicken Little starts 2017 scared and hiding in Treasury Bonds

12/13/16

The Greenspan Put becomes the Yellen Collar

Wall Street expects the Fed to raise interest rates by a quarter point tomorrow, December 14, 2016. But there is a potential surprise: The world may learn that the Fed wants to raise rates aggressively in 2017 and 2018. This new, more “hawkish” monetary policy may become known as the “Yellen Collar.”