Did you know General Electric (GE) posted record revenues last quarter? That has not really helped their stock, has it? Remember always, price is the ultimate indicator, which is why I rely more and more on charts. Fundamental analysts and company management can...
When I was in college, I loved listening to a local college radio station (WFUV, Fordham) that had a sports-talk show on Sunday nights. The show featured something new: phone calls from listeners! This was more than 25 years ago, before WFAN in New York, ESPN Radio...
There's a great story I read in the New York Times. It’s part business/part technology. While it delves into some pretty sophisticated topics, I'll try and summarize it as best I can right here. The author, Anne Eisenberg, wrote about an experimental website,...
Ever heard of Bill Miller? He runs the Legg Mason Value Trust (LVMTX). Miller is literally splattered all over CNBC and other media outlets. He's a value manager, which means he likes to buy stocks at a discount, and then essentially sit on them, until they...
The period we're in now is not necessarily a "bull market" or a "bear market" but more like a structurally "fair market." I didn't make that up on my own -- Tom Dorsey, from Dorsey Wright and Associates in Richmond coined that term. I think that makes a lot of sense....
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". Ever notice that a stock will begin to drop (many times without any news), and people will begin to ask "why is...
The beauty of the Point & Figure chart is that the chart has no preconceived bias. A Point and Figure chart doesn't care who owns the stock, or who likes the stock...or even if somebody just predicted some stock would double in the next 12 months. The chart only...
Dizzy From The Stock Market Roller Coaster? Here's How To Get Off: I want to share with you the part of my playbook I use when the market starts falling. Although that is NOT falling now, it also wasn't raining when Noah built his Ark. It's just better to be prepared...
Should we just sell everything and raise cash when the market flips from offense to defense? The short answer is NO. Look, going to 100% cash is a very aggressive call. We'd have to be pretty certain there's no hope at all for the market to make a decision like...
