Thursday, April 25, 2024
Imagine it: it’s 1974. Inflation is running wild in the economy. Gerald Ford, one of the truly “good guy” politicians, is the lamest of lame duck Presidents. By year’s end, he will have been bested and replaced by the likable and sincere governor of Georgia, Jimmy Carter. The aftermaths of Watergate and Vietnam linger in […]
Markets have taken a turn in recent weeks. The short to intermediate term is down for the S&P 500 and the Nasdaq 100. Meanwhile, the short, medium, and long-term trends have all turned negative for the Russell 2000 in the past month. Microcap cap stocks have been in a downtrend since earlier this year and […]
During my entire 35+ year career, Latin American markets have been something of a mess. There have been flashes of greatness, but inevitably, something happens to send the market spiraling lower once again. In other words, Latin American countries have been emerging markets that never emerged. I can go through example after example, but then […]
It should come as no secret that I am not wildly bullish on the future of the stock market. Everything I see indicates that the long-term returns from stocks will be low to worse than that for several years, if not longer. If that is a surprise to you, I did a webinar on Monday […]
It’s coming. You cannot stop it. The media cannot stop it by declaring it will not happen. The economy is going to slow down. A recession is still more likely than not. Even if the Fed stops raising rates (which is almost entirely dependent on energy and rent prices at this point), they will not […]
Today I am excited to have fellow Investors Alley editor Jay Soloff on to talk about options and trading. Jay is an experienced options trader who has had success both on the floor of the Chicago Board Options Exchange and off the floor as what we call an “upstairs” trader. We spend some time talking […]
In today’s Hidden Profit Report, I want to revisit the concept of “Loving the Toxic.” The market is clearly overextended and overvalued right now. In fact, the reading on one of my favorite valuation measures, the Excess CAPE Yield, is now at levels seen in 1969 and 2000. Today’s economy and stock market have similarities […]
Today, I want to talk a little more about what does and does not work in trading and investing. The media and publishing industry are constantly screaming about new ideas and strategies that are going to make you rich in very short order. The best advice I ever got about markets and life was a […]
Today, I want to follow up on last week’s article on trading. I am fascinated by the fact that so many people fall for the same sales pitches about trading systems that promise to make you millions of dollars with minimal effort and hardly any risk at all. The statistics on retail trading are readily […]
Here we go again. An article in Fortune magazine recently talks about the older members of Generation Z, those 20-somethings who have come of age in the era of financial crisis and global pandemics—and how they are trading much more than their predecessors. The article attributes their investing behavior to good old-fashioned FOMO (fear of […]
