A Strategy for the Current Stock Market Rally
The S&P 500 is up 15% since July 10 and up close to 50% from its March low. What’s the catalyst for recent gains? A strong…
Telling Stories
Last week, I wrote about a possible bubble developing in the Chinese stock market. If you missed it (we experienced some technical difficulties) you...
Stock Valuations are Not Low
How can I say this best? Stock market valuations are not low. If you are retired or saving in hopes of retiring, you must laser focus on having a consistent flow of cold cash to pay the tab for your weekly grass-fed-to-the-end beef, fresh-ground flax, coconut milk loaded with medium-chain fatty acids, and omega-3-loaded Country Hen organic eggs.
Savers are Terrified
Despite pockets of strength, the bear market in stocks staggers on, eyeing, with an increasing daily concern, the RPM’s (Radical Progressive Movement) sweeping program of socialism and quasi central government nationalization. The stock market hated the Bush-fronted neo-con disaster, and rightfully, is even more scared of the “Chicago Cabal.”
The Blue-Chip Triad
The Dow Utilities are down 5.0% YTD. The Dow Industrials are down 5.4%. And the cherry on the cake of the 2009 bear market in blue chip stocks is the 11.7% decline in the Dow Transports.
One of the Best Leading Economic Indicators
The stock market is one of the best leading economic indicators. And investment grade U.S. stocks continue in a Bear market. (1) Dow Jones Industrials, down 0.1% (2) Dow Jones Transportations, down 5.6% (3) Dow Jones Utilities, down 7.6%. By contrast many International Indices are soaring (1) Brazil up 42% (2) Canada up 17% (3) Hong Kong up 26% (4) Japan up 11% and (5) Singapore up 32%.
Fundamentals vs. Sentiment
Stocks are assets. The true value of any asset is simply the discounted value of all future cash flows. This holds true for stocks,...
International Investing & Taxes
Are you aware of the tax implications of international investing? When you invest in foreign securities, even those listed on U.S. exchanges, your investment...
There Will Be Water
Roberts County is a neat square in a remote corner of the Texas Panhandle, a land of rolling hills, tall grass, oak trees, mesquite,...
Investment Resources
An Efficient Frontier
The concept of an efficient frontier is central to investing.What is an Efficient Frontier? An Efficient Frontier is nothing more than the...