When I was in college, I loved listening to a local college radio station (WFUV, Fordham) that had a sports-talk show on Sunday nights. The show featured something new: phone calls from listeners! This was more than 25 years ago, before WFAN in New York, ESPN Radio and all the other sports outlets we have [...]
Stock Prices Dropped: How This Affects Your Investments
November 15, 2008 by
Don’t worry about “why” your investment is falling. Focus on “what” instead. What is happening now. Don’t worry about “WHY”…everyone is doing that. Gyrating stock prices are getting swung around by deceptive news headlines, faulty stories — all designed to play on your emotions. Do we really NEED to know “why?” If a chart is [...]
Is 1100 on the S&P 500 Like the Equator For Buy and Hold Investors?
October 18, 2008 by
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, [...]
Supply and Demand : Measured by Point and Figure Charts
August 30, 2008 by
There’s a great story I read in the New York Times. It’s part business/part technology. While it delves into some pretty sophisticated topics, I’ll try and summarize it as best I can right here. The author, Anne Eisenberg, wrote about an experimental website, www.many-eyes.com. This is a site where visitors can upload data they want [...]
Are Interest Rates Really On Hold?
The Federal Reserve has announced they are “on-hold” through next year, and likely well into 2014. What kind of effect will that have on the stock market? Does that mean interest rates will stay low that entire time? Maybe not. The “bond market” will actually do a “daily” job of setting interest rates. The [...]