2021 Barron’s “The Trader” Columns and WSJ Stock Market Data
Dec 30
After a Rip-Roaring 2021, These Stocks Could Be the New Winners
Stock market investors had a lot to like in 2021. Those who simply bought the SPDR S&P 500 exchange-traded fund (ticker: SPY) would have enjoyed a return of almost 30%, including dividends. All 11 sectors returned at least 14%.
S&P 500: 4778.73
Dec 24
Omicron Who? S&P 500 Closes a Short Trading Week at a New High.
Undaunted by Omicron, stocks scaled new heights this past week. After a Monday setback, the S&P 500 index finished the four-day week with a gain of 2.3%.
S&P 500: 4725.79
Dec 17
The Stock Market Could Be Headed for a Boom and a Bust in 2022—Just Not in That Order
You didn’t think it would be that easy, did you?
S&P 500: 4620.64
Dec 10
If Inflation Isn’t a Threat, These Beaten Up Stocks Might Be a Bargain
Maybe inflation is transitory after all. November’s consumer-price-index report topped expectations and represented the highest rate since 1982. Yet the blowout, superhot inflation number was met with a shrug.
S&P 500: 4712.02
Dec 3
What Scares the Stock Market More Than Covid? The Federal Reserve.
Now can we have a correction? We’d hoped for a melt-up into the end of the year. But after stock market got knocked down this past week, it doesn’t seem to be in the cards.
S&P 500: 4538.43
Nov 26
Stocks Made Big Gains This Year. What Investors Will Be Thankful for in 2022.
Thanksgiving may be over, but there is much to be thankful for about the stock market over the past year.
S&P 500: 4594.62
Nov 19
Stocks Are Up Since Earnings Season Started. More Gains Are in Store.
Inflation looms, but has shown little sign of hurting results so far, and investors keep reaping the rewards.
S&P 500: 4697.96
Nov 12
Inflation Isn’t the Stock Market’s Biggest Problem. Here’s What Is.
Everyone’s afraid of inflation. Investors should be afraid of the bond market instead.
S&P 500: 4682.85
Nov 5
How Long Will the Stock Market Rally? At Least Until New Year’s.
It doesn’t get any better than this for the stock market—and that means it’s time to bet on a rip-roaring rally into the end of the year.
S&P 500: 4697.53
Oct 29
There Are Hundreds of Reasons to Sell the Stock Market. Don’t.
There are more and more reasons accumulating for why it’s time to sell stocks. But there’s only one reason to buy: The stock market is going up.
S&P 500: 4605.38
Oct 22
The Dow Ignored Big Risks to Reach a Record. Here Are Next Week’s Worries.
The market’s lack of concern was palpable this past week. The Dow ignored big risks on its way to a record.
S&P 500: 4544.90
Oct 15
This Market Reflects Investors’ Pessimism. Time for Some Optimism.
Maybe the world isn’t ending, after all. Investors, looking for a market correction under every rock, are going to have to prepare for stocks to rally into year end.
S&P 500: 4471.37
Oct 8
The Stock Market Survived a Scary Week. Why This Week Could Be Scarier.
The stock market survived the debt-ceiling fight and an oil-price spike this past week. Can it survive earnings season?
S&P 500: 4391.34
Oct 1
The Stock Market Slumped Because the Debt Ceiling Standoff Rekindled Memories of the Worst Kind
It’s made-for-TV drama of the worst kind—and the stock market wants none of it. We’re speaking of the standoffs in Washington over government funding, infrastructure investments, and the U.S.’s ability to issue debt.
S&P 500: 4357.04
Sept 24
Markets Shrug Off China and Focus on Easy Money Instead
You get off a roller coaster the same place you get on, which pretty well describes the week just past.
S&P 500: 4455.48
Sept 17
The Stock Market Dropped Because There’s Something Scarier Than Taxes, Tapers, and Contagion
It’s called the 50-day moving average.
S&P 500: 4432.99
Sept 10
A Stock Market Selloff Needs a Trigger. Here’s What Could Cause the Next One.
The stock market is on correction watch.
S&P 500: 4458.58
Sept 3
Nothing Can Take the Stock Market Off Its Record Run
For now, Wall Street is expecting more of the same—and that may not be a bad thing.
S&P 500: 4535.43
Aug 27
The Stock Market Got the Green Light From Powell. Why It Keeps Hitting Record Highs.
The stock market likes what it hears as Powell says little new.
S&P 500: 4509.37
Aug 20
Stocks Survive a ‘Taper’ Scare. What Comes Next.
To paraphrase Blue Öyster Cult, “Don’t fear the taper.”
S&P 500: 4441.67
Aug 13
The Stock Market Keeps Hitting New Highs In the Most Boring Ways
Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.
S&P 500: 4468.00
Aug 6
The Stock Market Is a Bubble. How It Might Deflate—in a Good Way.
Nothing, it seems, can keep the major indexes down for long.
S&P 500: 4436.52
Jul 30
Stocks Are Sturdier Than Big Tech’s Tumble Suggests
When you live by Big Tech, you die by Big Tech. That’s just what happened to the stock market this past week.
S&P 500: 4395.26
Jul 23
The Dow Just Hit 35,000. Why Monday’s Selloff Didn’t Prove Fatal.
Monday: “Can’t trust that day,” the Mamas & the Papas once sang. And that was certainly the case for the stock market this past week.
S&P 500: 4411.79
Jul 16
The Easy Money Has Been Made in This Market. What to Do Now.
“Peak growth” has become the latest boogeyman in markets.
S&P 500: 4327.16
Jul 9
The Stock Market Can Continue to Grow—Even If It Isn’t as Impressive
Everything went wrong this past week—and yet everything ended up all right for the stock market. Covid fears and lower yields can’t keep the stock market down.
S&P 500: 4369.55
Jul 2
The Stock Market Is Historically Strong. Not Even the Delta Variant Can Stop It.
Like Superman, the S&P 500 appears unstoppable. Nothing—not the Federal Reserve, not the Delta variant, not even old-fashioned fear and greed—has been able to slow its rise. Of course, it just hasn’t found its Kryptonite yet.
S&P 500: 4352.34
Jun 25
The Stock Market Is Soaring Again. Inside the Dow’s Big Week.
It’s as if the Fed meeting never happened.
S&P 500: 4280.70
Jun 18
The Dow Had Its Worst Week Since October. Why It Could Get Worse.
The process of tightening monetary policy looks to have finally started—along with a long awaited stock market correction.
S&P 500: 4166.45
Jun 11
‘Momentum’ Stocks Are a Mess. Why It’s Time to Buy Them Now.
The stock market’s best-performing stocks have been anything but the best-performing stocks. That may be about to change.
S&P 500: 4247.44
Jun 4
The Stock Market’s Long Run of Nothing Continued Last Week. What to Know.
The Pet Shop Boys once sang about “never being boring.” Unfortunately, that’s exactly what this stock market has become, AMC Entertainment Holdingsnotwithstanding.
S&P 500: 4229.89
May 28
It’s a Peak-Good-News Market. Why That Could Be a Problem.
The Dow Jones Industrial Average celebrated its 125th birthday this past week, but investors didn’t throw any over-the-top celebrations in honor of the milestone—or tantrums, for that matter.
S&P 500: 4200.88
May 21
Bitcoin’s Tumble Shook Up Stocks. What to Make of the Market’s Messy Week.
Blink and you missed it. On the surface, it looked like nothing much happened this past week.
S&P 500: 4155.86
May 14
Stock Market Volatility Isn’t the Big Problem. This Is.
Markets lived up to their reputation for periodic craziness this past week. But it’s the economic volatility that has the potential to do the most damage.
S&P 500: 4173.85
May 7
The Dow Surged to a Record High Because the Bad News Wasn’t So Bad
Just when the stock market seems like it’s starting to make sense, it has to go and unleash its inner Talking Heads.
S&P 500: 4232.60
Apr 30
Apple Earnings Couldn’t Lift the Market. What That Means for Stocks.
What do you have to do to get a reaction around here?
S&P 500: 4181.17
Apr 23
The Stock Market Got Spooked Last Week. Here’s This Week’s Surprise.
When everything is going swimmingly, even a little bad news can go a long way. This past week the stock market got swung about by information everyone knew was coming.
S&P 500: 4180.17
Apr 16
The Stock Market Climbed Because Tumbling Bond Yields Don’t Mean What They Used To
The bond market did it—though just what “it” is remains unclear.
S&P 500: 4185.47
Apr 9
Value Stocks Are Ready to Win Again, if the Fed Behaves
Value stocks, the market’s cheapest, are supposed to do well when the economy improves—and that’s been the case for much of the past six months.
S&P 500: 4128.8
Apr 2
The Stock Market’s First Quarter Was Strong. What Comes Next.
If there was a lesson to the first quarter, it’s that every stock will have its day—eventually.
S&P 500: 4019.87
Mar 26
Here Are the Stocks to Buy Now That the Easy Money Has Been Made
Long-term investing is a bet just like any other, a bet that the stock market will be higher than the price we paid for our shares. But what can investors truly expect from the long haul?
S&P 500: 3974.54
Mar 19
The Market Isn’t Fighting the Fed. What That Means for Stocks.
If it’s a battle of the Federal Reserve versus the bond market, the Fed isn’t putting up much of a fight. If that remains the case, expect value stocks to remain the market’s winners.
S&P 500: 3915.46
Mar 15
Higher Rates Won’t Kill the Stock Market
Sometimes when the water gets rough, the first inclination is to find a port to ride out the storm. This isn’t one of those times. Investors would be wise to sail on.
S&P 500: 3943.34
Mar 7
The Reflation Trade Is Stirring Growing Pains in Growth Stocks. Here’s Why.
It stinks to be on the wrong side of the trade. But that’s where many investors find themselves these days—Friday’s rally notwithstanding—when it comes to the reflation trade.
S&P 500: 3841.94
Feb 28
3 Reasons Rising Treasury Yields Are Bad News for the Stock Market
It turns out that rising rates really do matter—and investors ignore them at their peril.
S&P 500: 3811.15
Feb 19
Why This Bull Market Shows No Sign of Ending Soon
The economic data this past week largely underscored the market’s apparent conviction that a rapid recovery is under way.
S&P 500: 3913.97
Feb 13
The Stock Market Keeps Rising. The Reasons to Be Hopeful Are Also the Reasons to Worry.
Yes, you can have too much of a good thing—and the stock market is starting to consider what that might mean for future gains.
S&P 500: 3934.83
Feb 7
The Stock Market Is Bouncing Back for the Right Reasons—but There Could Be Trouble Ahead
This stock market continues to put every setback behind it as it marches to record highs.
S&P 500: 3886.83
Feb 1
GameStop Erased the Stock Market’s January Gains. February Could Be Worse.
All it took was a short squeeze in stocks few mainstream investors care much about to bring on the largest decline in three months.
S&P 500: 3714.24
Jan 22
Big Tech Stocks Are Back. What’s Behind the Nasdaq’s 4% Rally.
The sleeping giant that is Big Tech has awoken—and that’s been great news for a stock market that was starting to look a little tired.
S&P 500: 3853.07
Jan 18
Big Tech Stocks Are Struggling. Small Tech Stocks Could Be Next.
The stock market hasn’t been this spooked since Halloween.
S&P 500: 3768.25
Jan 10
What the Stock Market Needs Now Is a Good Correction
The market has gotten so optimistic that it would make even Little Orphan Annie seem like a pessimist.
S&P 500: 3824.68
Jan 4
After Their Epic Rally This Past Year, Stocks Face Inflation Risks in 2021
Among the big questions for the year ahead, none might be bigger than what happens to inflation.
S&P 500: 3756.07
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Mar 26
Here Are the Stocks to Buy Now That the Easy Money Has Been Made
Long-term investing is a bet just like any other, a bet that the stock market will be higher than the price we paid for our shares. But what can investors truly expect from the long haul?
S&P 500: 3974.54
Mar 19
The Market Isn’t Fighting the Fed. What That Means for Stocks.
If it’s a battle of the Federal Reserve versus the bond market, the Fed isn’t putting up much of a fight. If that remains the case, expect value stocks to remain the market’s winners.
S&P 500: 3915.46
Mar 15
Higher Rates Won’t Kill the Stock Market
Sometimes when the water gets rough, the first inclination is to find a port to ride out the storm. This isn’t one of those times. Investors would be wise to sail on.
S&P 500: 3943.34
Mar 7
The Reflation Trade Is Stirring Growing Pains in Growth Stocks. Here’s Why.
It stinks to be on the wrong side of the trade. But that’s where many investors find themselves these days—Friday’s rally notwithstanding—when it comes to the reflation trade.
S&P 500: 3841.94
Feb 28
3 Reasons Rising Treasury Yields Are Bad News for the Stock Market
It turns out that rising rates really do matter—and investors ignore them at their peril.
S&P 500: 3811.15
Feb 19
Why This Bull Market Shows No Sign of Ending Soon
The economic data this past week largely underscored the market’s apparent conviction that a rapid recovery is under way.
S&P 500: 3913.97
Feb 13
The Stock Market Keeps Rising. The Reasons to Be Hopeful Are Also the Reasons to Worry.
Yes, you can have too much of a good thing—and the stock market is starting to consider what that might mean for future gains.
S&P 500: 3934.83
Feb 7
The Stock Market Is Bouncing Back for the Right Reasons—but There Could Be Trouble Ahead
This stock market continues to put every setback behind it as it marches to record highs.
S&P 500: 3886.83
Feb 1
GameStop Erased the Stock Market’s January Gains. February Could Be Worse.
All it took was a short squeeze in stocks few mainstream investors care much about to bring on the largest decline in three months.
S&P 500: 3714.24
Jan 22
Big Tech Stocks Are Back. What’s Behind the Nasdaq’s 4% Rally.
The sleeping giant that is Big Tech has awoken—and that’s been great news for a stock market that was starting to look a little tired.
S&P 500: 3853.07
Jan 18
Big Tech Stocks Are Struggling. Small Tech Stocks Could Be Next.
The stock market hasn’t been this spooked since Halloween.
S&P 500: 3768.25
Jan 10
What the Stock Market Needs Now Is a Good Correction
The market has gotten so optimistic that it would make even Little Orphan Annie seem like a pessimist.
S&P 500: 3824.68
Jan 4
After Their Epic Rally This Past Year, Stocks Face Inflation Risks in 2021
Among the big questions for the year ahead, none might be bigger than what happens to inflation.
S&P 500: 3756.07