The Line of Defense

The stock market has been struggling for most of this year. Mainly, it is trying to digest the gains from 2016 and 2017. During this time, it has been vital for the markets to hold critical long-term support levels. Looking back at 2018, initially, concerns over higher interest rates and inflation ruined the January advance […]

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Market Overview 2018 1st Quarter

The Curious Symbiotic Relationship “………if Boeing and Amazon are targeted with a new trade policy, these stocks could take down the entire market. If the market falls, then the nation’s wealth affect is threatened. If the wealth affect is threatened, then the government’s new, inflated budget goes by the wayside. If the budget deficit explodes […]

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A Bear Market Antidote

The US economy added 313,000 new jobs in March compared to consensus estimates of 200,000. This was a big surprise to Wall Street. Further adding to the robust showing was the labor participation rate which showed more than 800,000 Americans entering the workforce. Markets interpreted this news favorably and stocks surged. Unlike the February jobs […]

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Interest Rates and the Stock Market

The stock market suffered a severe setback at the outset of February. Numerous factors might have contributed to the mayhem but the overriding reason for the damage was fears of higher interest rates. The stock market has an indelible link with interest rates. This is a problem, right now. Lower interest rates push down borrowing […]

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Market Overview 2017 4th Quarter

Thine Market is an Outlier The New Year started with a bang as the stock market shrugged off a languid, but steady, a pattern of advance in 2017 and shifted into a steepening ascent. The renowned investment manager, Jeremy Grantham, most famous for his longstanding bearish view, joined the enthusiasm by proclaiming, “As a historian […]

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Stay the course, Go with the flow and Be careful

What is the investment playbook for the dawn of the New Year? Predictions for 2018 abound but none are really more than just opinions and you should remain suspect of the validity of these opinions. They often miss the mark. Last year, the market defied everybody. Analyst’s forecasts fell way short for the stock market. […]

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Market Overview 2017 3rd Quarter

Stocks Continue to Climb The market climbed inexorably higher during the third quarter. This relentless march upward without yielding a meaningful decline is virtually unprecedented. Usually, even in the best of years, the market always sustains ordinary pullbacks. 2017 might end up being the first time the market has made positive returns every calendar month […]

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This Market is Not Normal

It is normal for the stock market to have setbacks, on a regular basis. Usually, the stock market always goes through a garden variety 5% or 10% correction, even during strong years. Declines of this magnitude occurred in 2016, 2015, 2014, 2013, 2012, etc. Sometimes these declines happen more than once. But, this year is […]

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The Markets and Your Assets July 25, 2017

The market and our client accounts continue to grind higher in the early stages of this quarter. If historical measures could serve as a guidepost, the outlook for the market is strong. Since 1945, when the market has been up in January and February, it has finished the year positive all 27 of 32 times […]

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Market Overview 2017 2nd Quarter

A “Goldilocks” Market Turmoil in Washington, geopolitical concerns, a four hundred point one day drop in the DOW, and higher interest rates were not enough to keep the markets from creeping higher in the second quarter. Led by the FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) markets were able to largely dismiss the predominantly […]

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*Past Performance is no guarantee of future results. Investment management involves the possibility of losses. Significant general stock market moves up and down can influence the performance of client portfolios. Composite returns are based on client portfolios of over $100,000. Not all clients are included in the composites. All returns include the reinvestment of dividends. All returns are net of fees. Composite returns are derived from aggregated, time weighted returns for clients of Peregrine Asset Advisers. Individual client returns can deviate from the composite returns. While Peregrine uses the S&P 500 as a benchmark, Peregrine does not attempt to mimic the structure of this index. Individual client portfolios vary. The number of stock positions also varies per client.