Profit from the Headlines

How To Make Money On The Huge Spike In Volatility

How To Make Money On The Huge Spike In Volatility

What a difference a week makes. That’s both the beauty and danger of the financial markets. They largely generate wealth over time, but will occasionally remind you that they can take it all away at any time. At the time of this writing, the S&P 500 had dropped 10% from its highs, which puts the […]

The Tax Cut May Not Deliver All Its Promises

The Tax Cut May Not Deliver All Its Promises

A basic truth in life is that, if it sounds too good to be true, it usually isn’t all it’s cracked up to be. The same applies to investing. You have probably heard how great the tax cut will be for companies across the board. Well, ‘warts’ are already appearing on the tax cut front. […]

3 Stocks to Sell Under Trump’s New Tax Law

3 Stocks to Sell Under Trump’s New Tax Law

It seems like most U.S. financial media cannot quit gushing about the new tax laws. The coverage is universally positive – I’m waiting to hear that the tax cut will cure the common cold. However, the media ignores the fact that some companies will end up paying higher tax bills. All thanks to the provision […]

An image of a people arguing over whether to buy or sell.

When Advice Conflicts, Who Should You Listen To?

We moved to Texas in the early days of the dot-com boom. I reconnected with a boyhood friend Tom. He has an economics degree from an Ivy League school, became a successful stockbroker and economics consultant. My broker would “suggest” I consider some of the hotshot dot-com stocks. Tom provided a good offset, suggesting caution. […]

Americans Right To Self-government Is Under Attack

Americans Right To Self-government Is Under Attack

The political elite and the common man are at war over the power to govern. Will we end up as citizens or subjects? When the British voted to leave the European Union (EU), I highlighted comments from British citizens in “Brexit the Movie”: It’s the workingman versus people who think we have a better plan and a better […]

Buying Illinois Debt – BOLD or Bad?

Buying Illinois Debt – BOLD or Bad?

The Illinois debt saga continues. The state operated without a budget since 2015. In June, just before their fiscal year end, both S&P and Moody’s downgraded Illinois’ credit rating to one level above “junk bond” status. Moody’s said: “Legislative gridlock has sidetracked efforts not only to address pension needs but also to achieve fiscal balance, allowing […]