November 2017 - Sheaff Briefs

This Bull May be Younger than You Think!

For investors worried that the stock market is so high that it has to be headed for a drop, Sheaff Brock Director Jim Murphy wants them to know he’s not having any of it. “At Sheaff Brock, we believe this is a ‘market of stocks,’ not a ‘stock market,’” he explains. Translation: The big upward price movement in the Dow has been primarily driven by its most expensive stocks, specifically the FANG (Facebook, Apple, Netflix, Google) and Microsoft. There are [...]

Building All Aspects of Gameday Strategy

Like a well-run football team, portfolio managers should consider offering long-term investors all three facets of game strategy: offense, defense, and special teams. Marv Levy, former head coach of the Buffalo Bills who led the team to an unprecedented four consecutive Super Bowl appearances, explained, “There’s these parts to football—offense, defense, and special teams. You’d no more ignore special teams than you would ignore offense and defense.” He further defined these three different areas of focus, which are all going on [...]