Tag Archives: FAANMG

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Bursting Bitcoin Bubble?

Author: David R. Kotok, Post Date: July 6, 2018
Cumberland Advisors Market Commentary by David Kotok

Fundstrat Daily reports that “YTD, the crypto market is down -60.7%” as of July 2. We have been asked again about Bitcoin and “bubbles” following the recent gyrations and the plunge. “Should I buy it?” asked a reader. First, we offer the required disclosure: We don’t own any cryptocurrency in any Cumberland managed account. And […]

4Q2017 REVIEW: US ETF

Author: David R. Kotok, Post Date: December 14, 2017
Cumberland Advisors Market Commentary by David Kotok

The last quarter of 2017 revealed continued bullish momentum in the US stock market and ongoing increases in earnings of US public companies. Through the middle of December, the market made progressive new index highs. Rotation among sectors finally took some steam from the “FAANMG” stocks. Notwithstanding the high price levels, we expect stocks to […]