People strive to be more connected. It’s a common theme in history.  I think it’s... Read More

People strive to be more connected. It’s a common theme in history.  I think it’s especially interesting that you can even see this theme in the stock market over the past... Read More

As you’d probably guess, one of the many “perks” of my job is getting to read a lot of Wall Street research reports. And I’ll let you in on a little secret… They are rarely entertaining. These reports are usually published to provide the most up-to-date numbers and data, and… Read More

As we get deeper into the fourth quarter, one of the biggest stories dominating the financial... Read More

As we get deeper into the fourth quarter, one of the biggest stories dominating the financial headlines will be interest rates, and the fact that they appear to be headed higher.  While... Read More

Change can be difficult. I was reminded of this when I saw Spencer Johnson’s obituary in The... Read More

Change can be difficult. I was reminded of this when I saw Spencer Johnson’s obituary in The New York Times. I didn’t recognize the name at first, but after reading the headline, I... Read More

If you’re frustrated with the low yields this market has to offer, you’re not alone. Finding dependable yields over 4%, much less double-digit yields, is nearly impossible in the current market environment. For instance, the S&P 500 throws off a yield of just 1.9%. Even after the March hike, bonds… Read More

Many of the traders I talk to are wondering what Bill Ackman could be thinking.  Ackman is a... Read More

Many of the traders I talk to are wondering what Bill Ackman could be thinking.  Ackman is a hedge fund manager, the founder and CEO of Pershing Square Capital Management, which has about $11... Read More

Earnings season is almost over, and with 92% of the companies in the S&P 500 reporting, results... Read More

Earnings season is almost over, and with 92% of the companies in the S&P 500 reporting, results are a little better than expected. About two-thirds of companies beat analysts’ expectations,... Read More

As 2017 rushes forward, I’m seeing confirmation of my market outlook from the beginning of... Read More

As 2017 rushes forward, I’m seeing confirmation of my market outlook from the beginning of this year. In the past week, it’s become clear that Warren Buffett now agrees with my assessment... Read More

Elections have consequences, and one of the most surprising consequences of November’s... Read More

Elections have consequences, and one of the most surprising consequences of November’s election has been the sharp increase in economic optimism. This can be seen in surveys of investors or... Read More

Investors are always searching for rules to help them make money, but there really aren’t many time-tested rules in the stock market.  The word “rule” implies that something will always be a certain way. In the stock market, however, the rules can change even after decades of consistency, which is… Read More