Santa vs. Yellen

Robert Maltbie |

Our market data indicators have plunged into negative territory. Will Yellen continue to raise rates till the normal ize at the inflation rate. This is a bit reminiscent of 2007-08's debt driven bear market. Here is our wish list for Santa:

  • Better Breadth: Only 30% of stocks are in uptrend. Average stock is down 10% vs. flat S&P 500.
  • Better Liquidity: M&A, buybacks have all but dried up. While insider and public selling is increasing.
  • Lower Leverage: NYSE has all time record debt . a small increase in interest rates is having an outsized impact in high yield etfs
  • Better EPS: EPS growth is flat and so is market in 2015. Coincidence?
  • A Little Love: Our argo fund is up 14%, while big name fund managers Ackman & Gundlack are down 10-20 % this year.

See the latest Maltbie's Minute on the Market here.

Merry Christmas and Happy New Year. Visit and download new report on our hedge fund up 14%.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its products include copper alloys and berryllium aluminium alloys.

Private Markets


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…