The Prudent Strategy for Building Wealth
We’ve written often on this site and in our monthly strategy report about the speculative nature of the stock market rally in recent years...
This Company can Turn $1 into $460
As the late great Yogi Berra might say of this market, “It’s like De Ja vu all over again.” More stimulus from the global...
Is this a Sucker’s Rally?
The chart below compares the spread (yield difference with treasuries) of the Merrill Lynch High-Yield Master Index to the S&P 500. The vertical axis...
Biggest Stock Market Rally in Almost Four Years
The S&P capped its biggest 8-day percentage gain in almost four years yesterday—rising more than 7%. The catalyst for yesterday’s gains was the minutes...
The Thing about Bubbles
The thing about asset bubbles is you never know what will cause them to pop or when they will pop. Valuations can tell you...
S&P 500: Top 10 Stocks
You can try this one at home. Ask any investor you know how to calculate a company’s market cap and chances are you’ll be...
The Monday Melee: Volatility Spikes!
VIX Through the Roof
The popular VIX index of volatility spiked upward through its two-standard deviation line last Monday, and has remained well above its...
Market Correction: Is this the New Normal?
Over the last five trading days the market has cratered by almost 11%. An 11% decline in stocks is not an out of the...
Home Improvement Surges along with Housing Starts
Housing starts are nowhere near their pre-recession highs, or even their pre-recession averages, but starts are up over 153% per month from the lows of...
The $18 billion Name
Here’s a head-scratcher. Google announced on Monday that it was changing its name to Alphabet and redoing its organization chart. Seriously, Alphabet? Yup, Larry...