One of the most frequently quoted time periods in finance is the ambiguous "long term". We're all supposed to be long-term investors, and studies show that "over the long term" results will be desirable. This sounds nice, but what is this mythical "long term"? Is...
According to many market experts, investors should buy and hold always and forever, right? If you've been told that before you might be surprised to learn that even the S&P 500 changes its holdings every so often. In fact, according to a recent Business Insider...
A fantastic article written by Ben Carlson titled, "Some Stocks Don't Come Back" is the inspiration for today's Mullooly Asset Management video. In his article, Ben tells us, "the problem with ‘buy when there’s blood in the streets’ is that sometimes individual stocks...
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This is not a buy-and-hold market. As we roll into 2009, I'm sticking with the same overall theme as I have in years past: this is not for the buy-and-hold crowd. Individuals looking to follow the "buy for the long haul" recipe will get destroyed. The media may call...
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. And the bottom was reached -- yet again -- in December 1974. There was no advantage to jumping...
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...
I'm going to paint a word picture for you. Suppose you own a stock that gave three successive buy signals last summer -- in 2007. The stock ran from $28 per share up to $34 a share. Sounds good so far, right? But the stock then broke through the support line, was...
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. I think that makes a lot of sense....
There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. I've re-printed the article here, but dropped in my own comments after each paragraph. The main point to take away from this...
