S&P 500

We saw a pretty significant signal recently from the oil sector.   A relative strength sell signal. (…)

The stock market has been posting gains the past few days. After two very tough months to start 2009, what could go wrong? Plenty, especially if you are focused on just the Dow Jones Industrial Average.

I received a phone call this afternoon from someone who found my firm online.  The gentlemen has received no guidance regarding his 401k at work.  Last July, he had $286,000 in his plan. (…)

Take a walk with me down Memory Lane:
1973: S&P down over 17%  (ouch)
1974: S&P down over 29%. (ouch again)
The bottom for the S&P was reached in October 1974. (…)

Like crossing the equator on a ship — should buy and hold investors get some kind of recognition (or have some celebration) for crossing the line?  The S&P 500 crossed 1100 in 1998 (twice), 2001 (3X!), 2002, 2004 and 2008.  Look, when I drive around the same block twice, even I ask for directions!  Oh, and today the S&P 500 is at 940.  Ready for 9 passes in ten years? (…)

Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind.
And what did the stock do? (…)

Nearly 20 years ago, when I worked in Chicago, I became friends with a gentleman named Joe Lopresti. Today, Joe is the President of Arlington Capital Management. (…)

Ever heard of Bill Miller? He runs the Legg Mason Value Trust (LVMTX). Miller is literally splattered all over CNBC and other media outlets. (…)

This article could be titled: Can (fill in the blank) go any lower? I'm not picking on Merck.
The reality is you could drop in Merck, Citibank, General Motors, Ford, J.P. (…)

OK, no names are used in this post! But holy cow!
In the midst of the sell off this week, Bloomberg Radio interviewed a money manager about the current condition of the market. (…)

In just the last month, assets in exchange traded funds increased $17 billion. Total assets in ETF's now total over $600 billion, according to State Street Global Advisors of Boston. (…)

Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. (…)

The period we're in now is not necessarily a "bull market" or a "bear market" but more like a structurally "fair market." I didn't make that up on my own — Tom Dorsey, from Dorsey Wright and Associates in Richmond coined that term. (…)

There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. (…)

The Dow Jones industrial average dropped below 12,000 today, March 7. In technical terms, this is a significant move. (…)

Another Weird Day on Wall Street
Today, Tuesday, February 26, 2008 we received some negative economic news. (…)

Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)

Now, sometimes the "short-term" turns into the "long term," so we'll monitor what unfolds in the next few days. And keep you posted if conditions change. (…)

 

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We've been saying for months to avoid real estate, financial, insurance, banking, and brokers. This past week, all of these sectors were taken behind the woodshed and slapped silly again. (…)

Is it true that high net worth investors focus only on generating the highest returns? No! The ultra-wealthy focus primarily on risk management. These people are not gamblers. (…)