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Joseph S. Kalinowski, CFA
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Recent Posts
A Message to my Diamond-Handed Friends
Cognitive Dissonance
What a "Blue Wave" Means For The Market
The Validity of Behavioral Finance
Stock Newsletters and Broad Market Appeal
September Sell-off and Tactical Strategy
Framing the Debate
Influenced in your Thinking by a Bias or Heuristic
Writing a Critique Through the Lens of Behavioral Economics
The Trump Narrative
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Sector Rotation and Volume Concerns
We wanted to quickly point out two items. As the market rallies further, one needs to keep an eye on the sectors that are leading the...
Mar 27, 2013
Still Contrarian
"Your best friend and worst enemy are both in this room right now. It’s not your neighbor right or left – and it’s not God or the devil –...
Mar 25, 2013
Analyzing the Rally
Analyzing the Rally The S&P 500 is rapidly approaching its previous 2007 high. We continue to be long the market albeit a very...
Mar 18, 2013
Bail-out in Cyprus
Note: This was written over the week-end so events have been in constant flux. It seems there has been a delay in Parliamentary voting on...
Mar 18, 2013
The Sequester
We are truly seeing a vast dichotomy between the media and the markets. With the sequester coming into effect, there have been multiple...
Mar 4, 2013
The Great Rotation
The bull continues to run as January posted some of the best gains in the stock markets in decades. Our equity portfolio has kept a...
Feb 4, 2013
Market Valuations Appear Troubling
Given that we are in the middle of 4Q12 earnings season we wanted to point out an alarming trend that we are seeing. Earnings Results...
Jan 28, 2013
Cautiously Long!
Today’s trading activity is a little light in terms of volume but higher nonetheless. All the major indices are continuing their bullish...
Jan 23, 2013
Cautious on the Current Market Rally
This is our first newsletter of the New Year and we wanted to take some time to recap our performance for 2012 and outline our thoughts...
Jan 22, 2013
Coming back in the Market
Before getting into this week’s note, we wanted to express our sincerest sympathies to the families affected by the Sandy Hook elementary...
Dec 18, 2012
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