Right now, the stock market is practically in a state of euphoria. The Nasdaq Composite is up a whopping 36% this year, and the Dow Industrials are within just 600 points of its all time high close. Much of this is due to one of the best November rallies on record. Individual investors are now [...]
There's been some interesting comparisons to the current stock market with 2008, 1987 and 1929 in recent days, so I thought I'd look at the charts myself and see what's going on. First, I should mention a post I put up a couple weeks ago before my vacation to Sicily where I took a look [...]
On Friday, esteemed economist Paul Krugman posted this tweet... This was after the government reported that both CPI and PPI came in hotter in August than expected, due to a rise in energy prices. As expected, Krugman was excoriated for the fact that people need all three of those items he wants to exclude from [...]
To make market beating returns in stocks, you want to be sure to ride the big trends up when they occur, and employ some means of protection when conditions get difficult. Therefore, you want to pay attention to trading days when the action is somewhat unusual, and may indicate a change in trend. A true [...]
I've been an observer of the financial markets for over three decades now. More than once I've gotten caught up in the hype of news suggesting that a certain market should go in a particular direction. That hype was usually wrong. The first time this happened was the 1994 stock market, which is interesting, because [...]
Trading stocks is hard, and I won't even pretend to have just a few of the answers. However, years of observation of big winning stocks has uncovered a pretty strong indicator of future strong performance. It goes like this... I have observed that many stocks that embark on a significant run over the course of [...]
When inflation hits, many investors think about turning to gold as an investment. If you watch the financial networks, you will see many advertisements for buying gold, usually in the form of coins. Gold bugs cite many reasons for buying gold these days. Inflation is one. The likely roll out of central bank digital currencies [...]
Many moons ago I developed a strategy for day trading stocks. I am not in a position to try and execute it, but now and then I check on it to see if there were any opportunities. When the market has a solid up day, there are usually good opportunities. Here are today's best tradeable winners [...]
This is a new regular type of post I'll be making. I've noticed over years of observation that stocks that breakout of a base and make a 10% gain or more on heavy volume tend to end up being at a higher price a year down the road. This doesn't mean you step in and [...]
It's been a few months since I last commented on the state of the financial markets. At the time, the market was acting like it was shrugging off the 2022 interest rate hikes and was poised to move higher. Since then, the stock market has been generally flat. However, the price action over the last [...]
