Insights

The views and opinions expressed are those of Hollencrest Capital Management and are subject to change without notice. This material is provided for informational purposes only and does not constitute an offer or solicitation to purchase or sell any security or commodity or invest in any specific strategy. It is not intended as investment advice and does not take into account each investor’s unique circumstances. Information has been obtained from sources believed to be reliable, but its accuracy, completeness and interpretation cannot be guaranteed. Past performance is no guarantee of future results.

Why Investing Feels Awkward, and What To Do About It

June 29th, 2016|by Michael Ashley Schulman, White Papers|

Citrus on a Shelf by Michael AshleySummary: Effective diversified investing – which spreads a portfolio of investments across multiple areas and asset classes, holds laggard securities, and rebalances to cull winners and add to losers – often feels awkward because it runs contrary to […]

BREXIT – The U.K. votes on whether to leave the European Union

June 23rd, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Brexit1The Brexit vote (U.K. citizens voting on whether to leave the European Union) is this Thursday, June 23, 2016.

  • I believe the U.K. will vote to remain
  • We should know results by Friday morning

REMAIN
If the stay vote wins, British and European stock markets should rally in […]

Question the usefulness of some historical stock market statistics

May 24th, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

orange candle rack 2

Summary: No central bank has ever unwound a $4 trillion stimulus program and experience with raising rates from zero percent is limited; therefore, historical statistics on how stock sectors react to a rate rise are of limited use.

Fed rate hike moves […]

Thoughts on E&P (Oil Exploration & Production Companies)

May 17th, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Champagne Oil

Some rough notes to help frame an outlook for E&P companies

OIL OVERVIEW
The 2014 downturn in oil prices was caused by oversupply (not lack of demand); thus a correction of supply will improve prices

  • Oil supply/demand fundamentals will tighten through 2017
  • The incentive cost-curve for […]

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016

May 16th, 2016|by Michael Ashley Schulman, Perspectives, The Big Picture|

Golden Gate 20pct

Financial markets and economies bounced in and out of a deep pothole in the first quarter of 2016 and the stomach churning reverberations continue to be felt in some investor stomachs.  The underlying strength of the US economy, led by consumer spending, is […]