A Journal of Independent Research, Analysis,
 Opinion and Insight

 
fullissue
01 27 2023 WOWS Full Issue
An Alternative Way To View Or Print The Entire Current Issue As A Single Document
1/27/23
Attention Paid-Up Subscribers: To read or print the entire current issue as a single document, use the "easyprint" feature in the "Nav bar" to the right to open it, or any of WOWS' individual features, as an Adobe PDF file, and then print it. Alternatively, you can click "more" at the bottom of this paragraph and then click the red Adobe icon that appears. Your second click will download the full issue .pdf file of WOWS' latest issue to your computer, a process that -- depending on the file size and your connection speed -- might take more than the blink of an eye. Then, depending on preferences you've set on your device, it will either open automatically or show up in your downloads folder, waiting to be opened. [More]
 
listeningin
The Long Good Buy
Jen Wallace Sees Structural Shift Favoring Un-Indexed Quality Value Stocks
1/27/23
The January bounce was in full swing — sending mega-cap tech stocks on head-snapping rallies — when I asked Jennifer Wallace, one of the savviest and most-accomplished long-term quality value investors I know, to lead off WOWS 2023 interviews. Jen, co-founder and CIO at Summit Street Capital Management, blinked not an eye, so we chatted last Monday and through the week as she kept up her usual grueling pace of research, meetings and more research, all the while tending to growing her clients’ capital in State Street’s flagship private investment fund — all with a dreadful cold. 

If that couldn’t make her pause, neither could several weeks of a snap-back rally in last year’s worst-performing group. She’s seen that movie before.
[More]

 
guestperspectives
Back To The Meat Grinder
After A Timeout, Complications and Bear Maket Will Ensue
1/27/23
By Jeremy Grantham

The State of the Bubble: Things Get More Complicated
Well that was exciting! There have been far too many boring years in my 55-year career and 2022 was not one of them!
[More]

 
Fade The China Trade
And Brace For Lower Lows In Equities, While You Are At It
1/27/23
By David Rosenberg

The excitement over China’s re-opening has seen our Cyclical Summary Index exhibit an improved trend in recent weeks. However, the longer-term picture is much less positive — there is a well-established pattern of lower highs and lower lows (beginning in March 2021), a clear sign of a downtrend.
[More]

 
chartsightings
Gold Surges
Could Be Market Smells A Rerun of 2011 Debt Ceiling Debacle
1/27/23
By Andrew Addison

Updating the technicals on Spot GOLD now. The last time I featured Gold was in the January 3rd TIV @1847.
[More]

 
comicskews