2022 Barron’s “The Trader” Columns and WSJ Stock Market Data
Dec 30
Stock Market Worries for the Start of 2023: The Fed, Payrolls, and Mercury in Retrograde
After a bruising 2022, investors are looking for hope anywhere they can find it—even in places they should know not to look.
S&P 500: 3844.82
Dec 23
Stocks Limp Toward 2023 as the Data Show Few Signs of a Clear Direction
Stocks limped on the low volumes of the pre-Christmas week, battered by conflicting data and leaving investors with a muddled outlook going into 2023.
S&P 500: 3844.82
Dec 16
The Fed Is Making a Mistake—and the Stock Market Will Pay the Price
We all make mistakes—but the Federal Reserve may be making a bigger one than most. That could mean another difficult year for the stock market in 2023.
S&P 500: 3852.36
Dec 9
The Stock Market Had a Terrible Week—and Now the Fed Meeting Is on Tap
Things tend to slow down for the holidays. The stock market isn’t there yet.
S&P 500: 3934.38
Dec 1
The Stock Market Keeps Going Up. How to Protect Yourself From Another Drop.
Talk of a 2023 recession is everywhere and Wall Street is getting ready. But with “defensive” strategies in vogue, the trick is finding stocks that aren’t already overrun by other people seeking shelter.
S&P 500: 4076.57
Nov 25
Stocks Are Clawing Their Way Back. Consider These Moves for 2023.
As the Thanksgiving tryptophan coma wears off, it’s time to come up with a game plan to navigate the last month of 2022 and what is likely to be a challenging market next year.
S&P 500: 4026.12
Nov 18
It’s Time for the Stock Market to Worry About Recession
The stock market is so over the Federal Reserve—but that doesn’t mean it’s out of the woods just yet. Attention is now turning to the U.S. economy.
S&P 500: 3965.34
Nov 11
An Inflation Reading Sends Stocks Soaring as if It Were 2020
Investors finally got the inflation reading they were looking for, and are likely to get a split government for the next two years. That combination propelled stocks to their best weekly showing since June.
S&P 500: 3992.93
Nov 4
A Split Congress Has Been a Good Thing for the Stock Market. It Might Not Be This Time.
Markets value certainty. And that’s probably not what Wall Street will get when Election Day is over.
S&P 500: 3770.55
Oct 28
The Dow Is Having a Great Month, the Nasdaq Is Having a Good One. What History Says Happens Next.
The Nasdaq Composite is on pace to lag behind the Dow Jones Industrial Average in October by the most in any one month since 2002, and could keep bringing up the rear.
S&P 500: 3901.06
Oct 21
The Stock Market Had a Great Week. It Still Hasn’t Gone Anywhere in a Month.
It’s a violently flat stock market—and investors shouldn’t mistake the recent rally for anything more than a welcome respite in what has been a very uncomfortable journey.
S&P 500: 3752.75
Oct 14
The Stock Market’s Rebound Fizzled Again. Why a Real Bottom Could Form Soon.
Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon.
S&P 500: 3583.07
Oct 7
The Stock Market Fought the Fed—and Paid the Price
Don’t count your chickens, they say, at least not until they’ve hatched. That’s something the stock market keeps forgetting every time it rallies into a Federal Reserve pivot that remains a long way from happening.
S&P 500: 3639.66
Sep 30
The Fed Is Starting to Break Things. The Stock Market Is Paying the Price.
The stock market desperately wants to put in a low. The Federal Reserve won’t let it.
Sep 23
September Was Bad for Investors. October Could Be Worse.
It’s a bumpy, volatile, no good, very bad market out there. Stocks, bonds, commodities, currencies, and futures have been moving violently from day to day—and there’s probably more whiplash ahead.
S&P 500: 3693.23
Sep 16
The Stock Market Finally Gets It. FedEx’s Bad News Helped Drive the Point Home.
From a certain point onward, there is no turning back. The stock market reached that point this past week.
S&P 500: 3873.33
Sep 9
The Stock Market Had a Crazy Good Week. One Way to Make Sense of It All.
Traders prefer a volatile market, and they’ve gotten one in 2022. About the only thing that has been reliable has been the technicals.
S&P 500: 4067.36
Sep 2
The Fed Is Hawkish. 2 Mantras to Guide Your Investing.
There’s a lot to be said for time-tested market adages. “Don’t fight the Fed” is almost certainly the most useful of all.
S&P 500: 3924.26
Aug 26
The Stock Market Finally Heard Powell’s Message Loud and Clear. It Wasn’t Pretty.
Jackson Hole has come and gone, and the only surprise may be that the stock market was surprised.
S&P 500: 4057.66
Aug 19
The Bulls Still Own This Market. But Cracks Are Starting to Show.
If it looks like a bull market and acts like a bull market, it’s probably a bull market—unless it isn’t, of course. Unfortunately, there’s still plenty that could go wrong.
S&P 500: 4228.48
Aug 12
Peak Inflation? Not So Fast.
Wall Street got a dose of good news this week. It also got a little ahead of itself.
S&P 500: 4145.19
Aug 5
How the Stock Market Survived July’s Jobs Report—and Lived to Fight Another Day
Inflation is sticky, but but economic growth is sticky, too. And that puts the Federal Reserve—and investors—in a bind.
Jul 29
The Stock Market Had Its Best Month in Years. We’re Not Out of the Woods Yet.
Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness. That’s wishful thinking.
S&P 500: 4118.63
Jul 22
Is the Stock Market Going Up? It Might Depend on the Definition of Recession.
Not since Bill Clinton testified about the meaning of the word “is” has so much hinged on the meaning of one simple word. The word is “recession,” and defining one isn’t easy.
S&P 500: 3938.86
Jul 15
Don’t Get Your Hopes Up. Stocks Are Still in a Bear Market.
Hope springs eternal, even during a bear market. Just don’t make the mistake of getting your hopes up too much.
S&P 500: 3817.18
Jul 8
Why This Earnings Season Won’t Make—or Break—the Stock Market
Earnings season is about to begin, and that means the stock market could finally get its moment of truth.
S&P 500: 3869.34
Jul 1
Stocks Had a Nasty 6 Months. The Second Half Could Be Ugly Too.
It was a first half destined to haunt investors. The past six months were historically bad for stocks, bonds, cryptocurrencies, and practically every other asset class outside of commodities.
S&P 500: 3752.10
Jun 24
The Stock Market’s Rally Is Real. It’s Still a Bear Market.
Even bear markets get bounces.
S&P 500: 3911.74
Jun 17
The Stock Market’s Selloff Will Eventually End. Bet On It.
A decline in earnings could be the next shoe to drop for investors. But it’s all a prelude to the best buying opportunity in decades.
S&P 500: 3674.84
Jun 10
The Stock Market Used to Have a Friend in the Fed. Now It Has a Problem.
The Federal Reserve is serious about fighting inflation—maybe more serious than investors give it credit for. And that means there is more pain ahead for the stock market.
S&P 500: 3900.86
Jun 3
The Stock Market Is Charting a New Course. It Won’t Be Pleasant.
The trend is your friend, or so they say. But right now, there is no trend you can trust. The stock market’s new course could be tricky to navigate.
S&P 500: 4108.54
May 27
The Stock Market Finally Had a Winning Week. Why It Might Not Last.
It was quite the relief when the market finally managed to string together a few good days. Don’t get used to it.
S&P 500: 4158.24
May 20
The Stock Market Has Avoided a Bear. But the Selloff Isn’t Over.
The S&P 500 index refuses to fall into a bear market—but that doesn’t mean it’s found a bottom just yet.
S&P 500: 3901.36
May 13
The Next Hurdle for Companies: Overhiring
Nothing has been easy for businesses lately. Now they might have to cope with the possibility that they expanded for demand that might not arrive.
S&P 500: 4023.89
May 6
The Stock Market Is Taking a Beating. It Won’t End Soon.
Rates are going higher, growth is slowing, and inflation is eating into consumer budgets and company margins. The magnitude of each of the known knowns is up for debate.
S&P 500: 4123.34
Apr 29
Apple and the Rest of Big Tech Couldn’t Save the Stock Market
The only takeaway to be drawn from a volatile week of earnings reports was that we shouldn’t get our hopes up.
S&P 500: 4131.93
Apr 22
The Fed Finally Pushed the Stock Market Over the Edge
The stock market tumbled this past week as investors finally decided it was time to prepare for the worst-case scenario—a Federal Reserve-induced recession.
S&P 500: 4271.78
Apr 15
Selling Your Stocks in May and Going Away Could Be the Best Strategy This Year.
This could be the year to follow the adage: Sell in May and go away. The reasons are simple and include war, inflation, disease, and the Fed’s tightening monetary policy.
S&P 500: 4392.59
Apr 8
The Stock Market Isn’t Running From a Recession. What Really Spooked Investors.
The S&P 500 fell 1.3% this past week, and concerns about a possible slowdown, or growth scare, have been cited among the reasons why.
S&P 500: 4488.28
Apr 1
How the Stock Market Dodged Inflation-Induced Disaster
The stock market’s greatest fear is coming true—but the major indexes barely budged. Don’t expect the calm to last.
S&P 500: 4545.86
Mar 25
If the Fed Pulls Off a Soft Landing, It’s Party Time
Party like it’s 1994? That’s the year that the Federal Reserve actually accomplished the rarest of economic feats—a soft landing, curtailing inflation without crashing into a recession.
S&P 500: 4543.06
Mar 18
The Stock Market Just Had Its Best Week Since 2020. Enjoy It While It Lasts.
Drop a ball off a balcony, and it will bounce. Drop the market off an all-time high and it eventually will, too. That doesn’t make it a buying opportunity.
S&P 500: 4463.12
Mar 11
Stagflation Is Worrying Forecasters. What Investors Should Do.
Get ready for stagflation light. Headlines about stagflation are everywhere, and the “flation” part is pretty obvious. February’s CPI was as bad as expected.
S&P 500: 4204.31
Mar 4
The Worst Is Yet to Come for the Stock Market. So Is a Swift Snapback.
It’s the end of the world as we know it. The stock market, however, isn’t going anywhere.
S&P 500: 4328.87
Feb 25
Stocks Ride Out the Initial Storm. Oil Is Still in the Thick of It.
Stocks rose this past week despite Russia’s invasion of Ukraine—or perhaps because of it.
S&P 500: 4384.65
Feb 18
The Stock Market’s Next Move Is Lower. It’s Not Just Russia and the Fed.
The only thing standing between the stock market and a full-blown correction might have been a long weekend.
S&P 500: 4348.87
Feb 11
Stock Market Dropped Because There’s Something Scarier Than Rate Hikes
Russia concerns finally hit home.
S&P 500: 4418.64
Feb 4
Stocks’ Rally Looks Nice. Here’s Why You Should Put It on Ice.
For the stock market, this past week had the feel of steering out of a spin after hitting an ice patch—and driving away safely. Unfortunately, the road ahead may be even more treacherous.
S&P 500: 4500.53
Jan 28
Why the Stock Market Could Take a Turn for the Worse.
It’s been a rocky, painful time for investors hoping that earnings could drive stocks higher. Even the rallies are stomach-churning.
S&P 500: 4431.85
Jan 21
The Stock Market Just Suffered Its Worst Week Since 2020. Here’s What Comes Next.
A bad start to 2022 just got a whole lot worse.
S&P 500: 4397.94
Jan 14
The Stock Market’s Biggest Risk Isn’t the Fed. It’s Earnings.
Let’s call it a dress rehearsal for the funeral. We’re referring to the drubbing that tech stocks took this past week.
S&P 500: 4662.85
Jan 7
Not Even Tesla Stock Can Fight the Fed. Why Your Favorite Stocks Are Getting Clobbered.
The stock market is supposed to be forward-looking. This past week it was rocked by the minutes of a meeting that ended more than three weeks ago.
S&P 500: 4677.03