Look Forward (not Backward) when Investing
Astoria Portfolio Advisors appeared on CNBC (click here) earlier this week to discuss: Inflection point in macro-economic / earnings data (see below) How to strategically position ETF portfolios on a forward-looking basis Moreover, we recently produced a blog (click here) where we talked about: Strong momentum Behavior of retail investors Exceptional liquidity provided by the Fed Election risk (which markets are currently ignoring) Below are a few macro-economic indicators th
Momentum, Day Trading, & US Elections
Right now, momentum is strong, liquidity is extraordinary, and excitement for stocks is quite high. There are stories circulating of profitable day trading which is reminiscent of the late 1990s. Various macro-economic indicators that Astoria Portfolio Advisors tracks have troughed. Some have inflected higher, albeit by a small amount. It is important to keep in mind that markets are forward-looking and move based on the rate of change. This is a key reason why stocks have
