The S&P 500 Index just made a new 52-week high… It closed yesterday at 4,707. That’s a roughly 14% gain off its late-October low. Notably, the S&P 500 hasn’t been at this level since early 2022. And as regular readers know, it was on the way down at that point. The S&P 500 is up …
Her interview shenanigans didn’t sway Warren Buffett… The CNBC host had more than implied that we might be in for another major financial crisis. She asked the 93-year-old billionaire a series of questions during their April 12 interview… Is this a banking crisis? Is this financials in turmoil? Is this Banking Crisis 2.0? What would …
In the essay, Marc details one simple tool that professional investors use to be successful over the long run. This idea gives the pros a critical edge over amateur investors.
For the past several months, the bond market was driving the bus… The yield on the 10-year U.S. Treasury note surged up to around 5% in mid-October. That pushed the S&P 500 Index into an official “correction” in late October. The benchmark index was down more than 10% from its peak in late July through …
It feels like almost everyone is just waiting for the world to fall apart… Eight of the 11 top-level sectors are now in correction territory or worse. That means they’re roughly 10% (or more) below their most recent highs. We also know that the Power Gauge transitioned to “neutral+” territory on the benchmark S&P 500 …
Folks, we’ve endured a rough week on the global stage… Islamist militant group Hamas launched a surprise attack on Israel last weekend. According to reports, the death toll in Israel has surpassed 1,200. Israel quickly responded with a formal declaration of war against Hamas. Prime Minister Benjamin Netanyahu warned that his country would take “mighty …
Everyone is watching the Federal Reserve once again today… This afternoon, the central bank will wrap up its latest policy meeting. And it will decide whether or not to raise interest rates for the 12th time since March 2022. Inflation is down from its peak. So a lot of folks believe this rate-hiking cycle is …
As Investors Rotate Out of Growth Stocks, This Sector Is Surging Read More »
Dalbir Bala bought a new Ford F-150 Lightning in January… That’s the all-electric version of the company’s flagship pickup truck. And it wasn’t cheap… Bala paid more than $85,000 for his truck. He hoped to drive it for work and leisure activities – like going to his cabin or fishing near his home in Winnipeg, …
Today’s Electric-Vehicle Buyers Are STILL Early Adopters Read More »
At this point, I’ve seen this behavior countless times in my five-decade career… I’m sure you’ve seen it, too. I’m talking about the market’s naysayers and curmudgeons. Specifically, I’m referring to the folks who don’t miss an opportunity to complain loudly about anything they can. The market has dipped lower since the end of July. …
Zbigniew Brzezinski awoke to an urgent phone call at 2:30 in the morning… More than 200 Soviet missiles were heading toward the U.S. As President Jimmy Carter’s national security adviser, Brzezinski raced into action… An American counterstrike would need to happen fast. The nation’s capital could be wiped out within minutes. Then, the phone rang …
