As I am writing this, the Dow Jones is down nearly 180 points. Sounds like a lot, right? That’s about 1.5% By comparison, October 19, 1987 the stock market dropped 22% in one day. Perspective does matter. Anyway, the last few days, I’ve seen headlines like: – Greenspan Thinks U.S. Heading Toward Recession – High-Risk… [Read More] The Stock Market is Down Today
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Here are some of our most recent articles:
Think you would you be HAPPY earning less than 1% a year on your money? Many people are…and you might be one of them! Look in your retirement plan, or 401k at work. Say we invest it in the S&P 500 Index at the end of 1999. Leave it there. You’re supposed to be a… [Read More] Is Your 401k Earning Less Than One Percent?
We’ve seen lots of articles and news pieces about the explosion of Exchange-Traded Funds, or ETF’s. Most of the opinions have been negative. In fact, one writer compared this with the flood of closed-end funds created in the late 1920’s (before the stock market crashed). My opinion: ETF’s are a great tool, and worth looking… [Read More] Exchange Traded Funds (ETF) Explosion Part II
ETF’s are exploding, there are dozens being created every month. You can own an ETF that: -Owns every stock in a sector, or -Owns every stock in an index (like the Dow Jones, or the S&P Small Cap 600); or -That’s leveraged (called an “ultra” basket), where you get 150% or 200% of the move… [Read More] The Exchange Traded Funds (ETF) Explosion
In the late 90s, when Internet stocks were starting to run higher and higher, there was no logical (fundamental) explanation why. Those stocks were going up because they were going up. They had positive momentum. These very same stocks started to crash a few years later. Even though these companies were still growing like weeds,… [Read More] Why Positive Momentum Matters
The indicators I follow are starting to give back some ground. Not enough for a reversal, or a sell signal. But it’s the first few cracks we’ve seen in a stock market that has gone nearly straight up since late summer. We’ve been on offense since June 30th, a long time. So a reversal would not… [Read More] Stock Market Warnings from Early Indicators: Should We Be Concerned?