Recently a friend mentioned he was considering cashing out his 401(k). On the outside I remained calm and quietly listened to his plans for the money, on the inside I was screaming NO! He explained that he was leaving his current job and because he didn’t have a large amount [...]
A few weeks ago, I described the stock market January Effect test as an indicator of the probable direction of indexes for the rest of 2017. Since one-twelfth of the year has zoomed by, let’s look to see what happened. By the way, the indicator is infinitely more accurate than [...]
For long term readers of this column, you might remember the stock market January Effect from prior years. The basic premise is that if the stock market is higher after the first five trading days of January, and if it ends the month higher than the end of December, odds [...]
Is there a link between the markets and our next President? Is it really the economy, stupid? Could it be that utilizing polls or stock market indicators to gain an edge won’t give us an answer this time? After all, polls leading into the most anticipated Presidential debate of our [...]
Decades ago following World War II, these United States were about the only part of the globe left without major damage to the industrial infrastructure. With it and the workforce remaining, we were blessed to be able to produce a fantastic amount of everything known to man and send it [...]
Last week Alphabet Inc., better known as Google’s parent company (GOOG), registered a new high in its 12 year history topping $784 three consecutive days. At its offering, you could have bought a share for $50. Google does make a profit in case you wondered. But more people probably wonder [...]
. In the past sixteen years, US investors have experienced two of the worst or most difficult financial market First an investor should decide between two basic viewpoints about markets. During the 1960’s, Dr. Eugene Fama developed the Efficient Market Hypothesis (EMH) as his doctoral dissertation. For [...]
If I were a betting person, I would put money on your being aware that the United Kingdom is quitting membership in the European Union. I am also reasonably sure that you do not know exactly what that means for the British, the rest of the European Union, or for [...]
As I write today I am listening to Fed Chair Janet Yellen say the same things she has said for several years now: Economic conditions are fairly good although growth is very slow, we can’t determine why things are not better, and we are petrified to let the classical economic [...]
During the first quarter of 2016, stock ownership provided a roller coaster ride. Last week I railed against the Fed’s free money policy and its consequences. This week we examine whose ox was gored and whose geese were golden. In the short term, I think Mr. Market will continue to [...]
