Cumberland Advisors Week in Review (Aug 31, 2020 – Sept 04, 2020)
The Cumberland Advisors Week in Review is a recap of news, commentary, and opinion from our team.
These are not revised assessments, and circumstances may have changed in the market from the time of original publication. We also include older commentaries that our editors have determined may be of interest to our audience. Your feedback is always welcome.
As part of Cumberland Advisors’ continuous effort to maintain strong customer relationships, we offer this week’s short video discussing current market conditions and how we are positioning portfolios.
Dear Clients & Friends,
Thank you for joining Cumberland Advisors for this end-of-week update on market conditions, bonds & equities with Matt McAleer and John Mousseau, CFA.
Matt McAleer on ETFs & Equities
-Pullback on Thursday/Friday in S&P 500 & NASDAQ
-In prior video we mention that the “air” had gotten a little thin
-We noticed speculative put/call ratios being blown out on the call side
-Wednesday, we acted on a sell signal in our volatility strategies (these are short term trading strategies)
-It worked out well (doesn’t always, did this time)
-Pullbacks are not unexpected
-We have cash at various levels depending on the strategies
-We want to buy strong trends on pullbacks, so we look for opportunities relating to our “want to buy” equity & ETF list
-We want to see a shift of risk-reward in our favor – Matt explains
-Japan has traded well after a 25 year nap
-China? Politics aside we look at them as an index of companies and their risk-reward opportunities
Impressive employment report
-Reminder: We don’t trade the economy, we trade securities.
-One doesn’t fall in line with the other but we want to analyze what each are doing
-Have a great Labor Day weekend!
John Mousseau’s Update on the Fixed Income Market
-Better than expected unemployment numbers
-Lots of work left to be done
-Muni yields up a little this week
-Barron’s article this week outlined some muni challenges ahead
-We expect to see a stimulus bill from congress at some point
-A vaccine will change the perception of growth rates going forward
-Vaccine may be as early as November
-We’re looking next week at CPI, PPI, and initial jobless claims, hoping for positive trends
Please reach out with any questions/comments you may have about this update; we appreciate your calls, comments, and emails. Watch in the player above or at this link: https://youtu.be/6YIrnu4BWdc
Stay safe, healthy, and have a great Labor Day weekend.
-Matt McAleer & Cumberland Advisors
Matt enjoys your feedback. You can reach him at:
-Link to Matt’s Email: Matthew.McAleer@Cumber.com
-Link to Matt’s Twitter: https://twitter.com/MattMcAleer4
-Link to Matt’s LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013
Other questions or comments? Email us at email@example.com or give us a call at (800) 257-7013.
Contact Matt or any one of our advisors by following this link: https://www.cumber.com/our-people/
IN THE NEWS
Quoted: Patricia Healy, CFA | Posted on: 08/31/2020 read more
Quoted: Robert Eisenbeis, Ph.D. | Posted on: 08/29/2020 read more
Quoted: William Witherell, Ph.D. | Posted on: 08/28/2020 read more
Quoted: David R. Kotok | Posted on: 08/20/2020 read more
Quoted: John R. Mousseau, CFA | Posted on: 08/15/2020 read more
Quoted: David R. Kotok | Posted on: 08/15/2020 read more
Cumberland Advisors Market Commentary offers insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies. Our readers appreciate its timeliness, depth of analysis, and quality of research.
To read current and past commentaries, visit https://www.cumber.com/category/market-commentary/