Tuesday, January 31, 2023
With stocks in a bear market and potentially more selling ahead, the Fed has cut interest rates to 0% and started a new $700 billion quantitative easing program. This could cause a substantial amount of volatility in the market, but especially in rate sensitive sectors like financials. In fact, a trader just bought a large […]
To help, the Federal Reserve cut interest rates to zero, and announced a massive $700 billion bond buying program. Unfortunately, it may not have been enough. “The Fed is trying to be preemptive to calm the markets, but what’s worrisome to me is that they’ve unloaded the gun and there are no bullets left. If […]
Investors have panicked, and the stock market has quickly tumbled into bear market territory. Panic leads to poor decision making. The reactions to the coronavirus outbreak, such as canceling sporting events and sending employees home, will end up causing more damage than from the virus itself. If you stay logical and you don’t panic, the […]
On Monday, the major stock indices in the US were all down at least 7% for the day. It was the largest one-day drop since 2008, the year the Great Financial Crisis started. This time around it’s not subprime loans causing the meltdown, but a highly contagious virus and an oil price war. While stocks […]
The Only S&P 500 Stock Making a New High Monday was one of the worst days in stock market history. The Dow plunged over 2,000 points. It seemed like nothing could stop the selling. The whole world has become afraid of the coronavirus. It’s so serious that Ireland canceled St. Patrick’s Day. There’s even talk […]
The American Dream is simple: A fruitful career, owning your own home, and eventually reaping the fruits of your labor with a financially secure retirement. Unfortunately, for most Americans, the ‘American Dream’ is turning into just that: A dream. And it’s all thanks to what I call the $30 Trillion Retirement Scam”, you may be […]
The market continues to be ultra-volatile due to serious concerns over the global economy in the wake of the coronavirus. High yield bonds (aka junk bonds) tend to sell off during times of high stress as investors move to the safety of government bonds instead. This past week, someone bought a one-week put spread in […]
The spread of Coronavirus across the globe as led to a decimation of stock prices in the travel and vacation related stocks. With stock prices down so far, it is tempting to possibly pick up shares of an airline, cruise ship, or hotel stock. I caution against jumping in now and have an alternative idea. […]
The financial markets are in high volatility mode as the fears of the coronavirus and the ensuing actions by the government are driving huge price swings. We’ve gone from some of our biggest down days in history (in terms of points, not percentages) to one our biggest up days ever, to back down again. To […]
Thanks to the Selloff, Solar Stocks Are a Bargain After a long period of downplaying the impact, fears of the coronavirus finally landed in Wall Street. Last week was one of the most dramatic in recent Wall Street history. The S&P 500 went from an all-time high to more than a 10% loss in the […]
