Inflation is at highs not seen since the early 1980s… Supermarket shelves are still empty, with no end in sight to our supply-chain woes… And behind everything, COVID-19 still looms large. These fears are starting to spread into the stock market as well… Tech stocks and small caps are officially in a “correction.” And the …
The Power Gauge Shouts ‘Buy Now’ at This ‘Smart Money’ Binge Read More »
For the most part, the rise of online brokers is great for individual investors… It’s now easier than ever for folks like us to get in on the investing game. We can make trades with just a few clicks as long as we can access the Internet. We can even do it from our smartphones. …
If you’re like most folks, I bet you’ve loaded up on tech stocks… After all, they’ve shined since the dark days of the COVID-19 bear market. The tech-heavy Nasdaq Composite Index gained 21% last year. And it was up 44% in 2020. Keep in mind that the index also plunged 30% in March 2020. So …
Every investor picks a bad stock at some point… In fact, it probably happens more often than you want to admit. Even the world’s best investors do it from time to time… Just ask Warren Buffett. In reality, though, we would all love to find investing success like Buffett. And one of the biggest differences …
No matter the details, Peloton Interactive (PTON) is in big trouble… News reports last Thursday indicated that the fitness-equipment maker would temporarily halt production due to slowing demand. The stock plunged roughly 24% on the day. Almost immediately, CEO John Foley tried to do damage control… He blamed a “leaker” for the reports and called …
The Power Gauge Is All Over Peloton’s Road to Nowhere Read More »
Folks, when I started on Wall Street, we hadn’t yet landed on the moon… That was a long time ago. I’ve learned a lot during my decadeslong career. But the most important lesson I ever learned happened early on… And with the tech-heavy Nasdaq Composite Index hovering around correction territory for the first time in …
I Learned How to Handle Today’s Tech Wreck in 1969 Read More »
I was born too early… Decades ago, many kids’ lives revolved around team sports. If you were a good player, other kids accepted you – even if you were a jerk. Well, I wasn’t made for team sports… My high school football coach had enough sense to cut me before the end of spring practice …
A flurry of new exchange traded funds (ETFs) is hitting the market… In fact, several of these ETFs came out over the past month alone. Wall Street is pitching them as investors’ shields against our biggest threat right now – inflation. And naturally, in return for that alleged protection, it’s asking for a hefty fee. …
Wall Street Is Set to Make Big Bucks off Inflation Read More »
One of my college professors would often respond to students’ ideas by saying… “That sounds good if you say it fast enough.” It’s a way of saying that the idea makes sense if you don’t stop to think about it. But if you give the idea a little bit of thought, you’ll see that it …
My life as an investment professional was very different a few decades ago – before the machines won on Wall Street… Every Monday, the portfolio managers and analysts would gather in the conference room – usually at 10 a.m. – for the investment committee meeting. Our team managed billions of mutual-fund dollars. And our mentor, …
