Marcelo Perez

About Marcelo Perez

Marcelo is the Head of Operations at Alhambra Investments, a fee-only Investment Advisory firm doing business since 2006. Alhambra Investments specializes in all-weather, highly diversified, multiple asset class portfolios. Give us a call today at 1-888-777-0970 or via email at info@alhambrapartners.com and we’d be happy to arrange for one of our investment professionals to discuss your situation with you – completely complimentary. Let’s start the conversation today.

Investment Themes and Research Highlights

By |2015-01-25T04:33:31-05:00January 25th, 2015|Markets, Stocks|

The cyclical rebound in global return on equity has further to run in an economic recovery scenario, despite having softened modestly in the past year. Earnings will be a tailwind for stock prices. Global equities are fairly valued relative to corporate profitability. Valuations are not an impediment to further stock price gains, and indeed have scope to increase as investor [...]

A Closer Look: Market Cap

By |2015-01-19T21:07:44-05:00January 19th, 2015|Markets|

After breaking through both moving averages in October, the S&P 500 Cap-Weighted Index ((IVV) recovered to new all-time highs in a matter of weeks. Despite the impressive feat, it appears that the market is tiring, falling hard in the week as the VIX index spiked. The S&P 500 is down 1.87% for the year. The S&P 500 Equal-Weighted index ((RSP)) is set [...]

Currencies

By |2015-01-19T00:57:02-05:00January 19th, 2015|Currencies, Markets|

The dollar is very stretched in momentum and sentiment terms and, thus, due for a consolidation or brief correction. This is true for all the major and commodity currencies. However, the key cyclical drivers for exchange rates – relative growth trends and interest rate differentials – should remain dollar-supportive this year. Most likely, after a pause, the dollar advance should [...]

A Closer Look: Commodities

By |2015-01-11T18:10:27-05:00January 11th, 2015|Markets|

The GSCI Commodity Index ((GSG)) consists primarily of Energy, but also includes Agriculture, Industrial Metals, Livestock, and Precious Metals as part of its holdings. The index broke down during the month of July on the backs of a stronger US Dollar and Saudia Arabia's status quo. It failed a critical test once it broke through the 200-day moving average, and [...]

Investment Theme

By |2015-01-11T18:09:30-05:00January 11th, 2015|Economy, Markets|

Are we approaching a surge in global trade led by the strengthening US currency? Here is a list of countries and their economy's reliance on exports. Here you can find countries that will likely benefit from a pick up in trade.   As always, please feel free to contact me with any questions or concerns. Click here to sign up for our free [...]

A Closer Look: World Markets

By |2015-01-04T22:53:30-05:00January 4th, 2015|Markets|

Two months after hitting the 1820 level, the S&P 500 Index (IVV) broke through all resistance on its way to new all-time highs at the 2094 level. Only apathy during the holiday season had the ability to slow down the US markets, as evidenced by the 50-day moving average being tested twice in the last two weeks. Let's see what the new [...]

A Closer Look: Market Style

By |2014-12-21T19:26:41-05:00December 21st, 2014|Markets|

Under uncertain yet seemingly improving economic conditions, the S&P 500 Index ((IVV)) has inched its way forward for much of the year, gaining just under 14% during this low-volume, low (but increasing) volatility period. The index bounced off support at the 1970 level and now finds itself close to new all-time highs again in the span of just three trading days. [...]

A Closer Look: Market Cap

By |2014-12-14T19:55:12-05:00December 14th, 2014|Markets|

After breaking through both moving averages in October, the S&P 500 Cap-Weighted Index ((IVV) recovered to new all-time highs in a matter of weeks. Despite the impressive feat, it appears that the market is tiring, falling hard in the week as the VIX index spiked. The S&P 500 is up 10.45% for the year. The S&P 500 Equal-Weighted index ((RSP)) is set [...]

A Closer Look: Commodities

By |2014-12-07T21:34:05-05:00December 7th, 2014|Markets|

The GSCI Commodity Index ((GSG)) consists primarily of Energy, but also includes Agriculture, Industrial Metals, Livestock, and Precious Metals as part of its holdings. The index broke down during the month of July on the back of a stronger US Dollar. It failed a critical test once it broke through the 200-day moving average, and  now is down for 24.42% [...]

A Closer Look: World Markets

By |2014-11-30T18:48:14-05:00November 30th, 2014|Markets|

Not even geopolitical events in Ukraine, Iraq, and Syria, a third European recession in five years, or anemic Black Friday traffic and sales numbers can dislodge the US markets. A month after hitting the 1820 level, the S&P 500 Index (IVV) broke through all resistance on its way to new all-time highs at the 2075 level. The S&P 500 is up 13.90% [...]

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