The Federal Reserve released their minutes of their late July FOMC meeting, where they told us things look good. This outlook seems to include another bailout. The minutes from the last Fed meeting back on July 28-29 seemed to have a chilling effect on stock markets on Wednesday, which produced a decline that carried on […]
With the prospects of an extended bear market on the horizon, investors would be wise to rethink old strategies that end up being completely inappropriate for these markets. If you ask any investor why they invest, and they thought about their answer at all, it surely would be that they are looking to make money […]
With the COVID-19 pandemic still hanging around, and with the mad scramble for a vaccine, this may seem like a great time to be invested in biotechs. Be careful. We hear all the time that the COVID-19 pandemic has been the worst in 100 years, since the Spanish flu days. Perhaps they have never heard […]
Participation in the stock market used to be limited to investors of real means. Technology has changed all that, and things just got a whole lot more accessible lately. Technology has dramatically changed the way we live, and among the many changes that this has brought, greater and more efficient access to stocks is right […]
If there were a Hall of Shame for stock analysts, maintaining Tesla as a sell while it rocketed up the charts would be more than worthy. We try not to be too hard on stock analysts, and understand that given that few of them have much of a clue about stocks, they are going to […]
Utility stocks had a pretty good year in 2019, where they actually kept up with the market. 2020 hasn’t been very kind, but Goldman Sachs wants us to buck the current trend. Even though the utility sector isn’t really that competitive overall, we always look to view each situation according to its current merits, and […]
Taxation is front and center in this year’s election, a lot more front and center than the electorate realizes. Having the right information is critical, and not having it is dangerous. The American people will once again choose who they wish to lead them for the next 4 years, who they want to lead the […]
In the midst of a pandemic, with all stocks getting bashed, betting on health care stocks coming back was an easy call. Figuring out where they go from here isn’t so easy. During the good times, betting on stocks that are doing well and are in sectors that are doing well is actually a pretty […]
A 60-basis point jump in inflation may not seem like much, just 6/10 of a percentage point, but we haven’t seen it grow this much in a month for 30 years. There isn’t anything that matters more to the U.S. Federal Reserve than inflation rates. The Fed certainly wants to steer us away from this […]
All it takes to attract the interest of a lot of older investors is to use the word income with an investment. This is a foolish bias that can cost them though. The strategy of selling covered calls is widely promoted, especially to older investors who find the fact that this is framed as a […]