Eddy Elfenbein

1 month ago | cws.substack.com | Eddy Elfenbein

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)Wall Street has had a case of the jitters recently, and I can’t blame it. On Tuesday, the S&P 500 fell for the fourth day in a row.

2 months ago | bottomlineinc.com | Eddy Elfenbein

Few investors embrace the mantra, Less is more or have been more successful at it than Eddy Elfenbein. Since 2005, Elfenbein has trounced the S&P 500 index. From January 1, 2006 through October 28, 2024, the S&P 500 generated returns of 575.41% with dividends reinvested. Elfenbein’s Crossing Wall Street Buy List saw returns of 691.87% for that same period (with dividends reinvested). He even has outperformed renowned figures like Warren Buffett over that period.

2 months ago | cws.substack.com | Eddy Elfenbein

“Investors must keep in mind that there’s a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.” – Loren FoxIt’s starting to dawn on Wall Street that the Federal Reserve is losing its battle against inflation. On Wednesday, the government reported that consumer prices rose by 0.5% in December. That was 0.2% above expectations, and it was the largest monthly jump in 17 months.

2 months ago | cws.substack.com | Eddy Elfenbein

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)After a very good 2024, the stock market seems to have settled into its comfort zone. For the S&P 500, that’s apparently anywhere between 6,025 and 6,085.

2 months ago | cws.substack.com | Eddy Elfenbein

“If the job has been correctly done when a common stock is purchased, the time to sell it is—almost never.” – Philip FisherEver since hitting its last new high two weeks ago, the S&P 500 seems to have settled into a trading range. The index hasn’t wandered too far from 6,050 or so. Every time it moves more than 0.5% from there, it quickly heads back. The market has become a groundhog that sees its own shadow. This is typical behavior for the market, especially after a big move.