Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2017-03-13

General Comment by Larry Berman CFA, CMT, CTA

Bias Subject Owned
CAUTIOUS STOCKS & ETFs _N/A

Educational Segment: Market Drawdowns. What he calls “market noise” is a 5% correction or less. He looked at the peaks and the lowest lows in a 4-year business cycle since 1920. Looking at the drawdowns over the years, you can see the great depression, where 86% was the drawdown in US large caps. We’ve had several in the 50% range. However, the average surprisingly was 13.4%, and the average was only 10 months long. You tend to get a 5%-13% correction at least once a year, so it is pretty normal to get volatility in the markets. Drawing down a little further, he has a one-year version, which shows that we get more frequent declines. The interesting thing is, if we are down 13.4% from the previous peak, and we look out one year knowing that the bear decline is about 10 months, this is the time to start investing, to get aggressive once the markets are down. Your forward returns go up exponentially from a low point, compared to putting money to work at a high point. We are probably due for a downturn that is going to be about 24% at some point in the next year or 2, so he is playing defence because of that. Once we are down 13.4%, he’ll be thinking about buying.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com

1 Comment

kathym5656

March 13th 2017 at 9:06pm

Hi, My name is Kathy Morris and i just want to share my experience with
everyone. I have being hearing about this blank ATM card for a while and i
never really paid any interest to it because of my doubts. Until one day i
discovered a hacking guy called Wilson. He is really good at what he is
doing. Back to the point, I inquired about The Blank ATM Card. If it works
or even Exist. They told me Yes and that its a card programmed for random
money withdraws without being noticed and can also be used for free online
purchases of any kind. This was shocking and i still had my doubts. Then i
gave it a try and asked for the card and agreed to their terms and
conditions. Hoping and praying it was not a scam. One week later i received
my card and tried with the closest ATM machine close to me, It worked like
magic. I was able to withdraw up to $5000. This was unbelievable and the
happiest day of my life. So far i have being able to withdraw up to $55000
without any stress of being caught. I don’t know why i am posting this
here, i just felt this might help those of us in need of financial
stability. Blank Atm Card has really changed my life. If you want to contact
them, Here is the email address:( wilsonhackersworld@gmail.com )
And I believe they will also Change your Life. once again contact them via email: wilsonhackersworld@gmail.com


You must be logged in to comment.