Napatree Blog

The trading hysteria in shares of video game retailer, Gamestop (GME), is the result of a number of intersecting, overlapping trends. Is it the story of a powerful hedge fund being taken down by an army of retail traders? Partly. Market manipulation? Probably. Without question the dramatic price swings of the stock is incredibly unpredictable […]

We are hearing from a lot of clients as to our opinion on the market reaction regarding this historic election. I’ll attempt to frame it with the information we currently have, but as we all know, this is an extremely fluid situation.

Rule number one of investing: the stock market goes up over time. This is an indisputable fact. And any basic finance class teaches the critical concept of the time value of money. Simply put, the longer your time frame, the greater the potential value of an investment. This can be applied to most asset classes.

Well, that was an interesting six months. The stock market has gone from extreme panic to near euphoria in about 90 days. In our March 15 note, titled “Coronavirus Crash. What Now? What Next?”, we highlighted the extreme selling pressure and why history was on the side of buyers, not sellers: