Contrarians love a good scandal. When a stock drops hard for no other reason, it often presents the chance to play the rebound for a quick profit. That seems to be the case with banking giant Wells Fargo (NYSE: WFC). Read More

I recently found myself sitting in the warm Texas sun with a few beers, some of the best barbecue... Read More

I recently found myself sitting in the warm Texas sun with a few beers, some of the best barbecue in Dallas and friends visiting from all over — Australia, Zimbabwe, South Africa and a few from... Read More

I think it’s safe to say market sentiment is not particularly positive these days.... Read More

I think it’s safe to say market sentiment is not particularly positive these days. Billionaire investor Ken Fisher says this is the “most joyless” bull market ever seen, while my... Read More

With the Federal Reserve seemingly conflicted about when to raise short-term interest rates, it is... Read More

With the Federal Reserve seemingly conflicted about when to raise short-term interest rates, it is no wonder the market has been chopping sideways for weeks, unsure of which direction to break out.... Read More

Pundits have been making a big deal out of the S&P 500’s tight range over the past few... Read More

Pundits have been making a big deal out of the S&P 500’s tight range over the past few weeks. That’s because this type of pattern typically sets the index up for an explosive move... Read More

Just before I started trading on the floor of the Philadelphia Stock Exchange, I spent some time at... Read More

Just before I started trading on the floor of the Philadelphia Stock Exchange, I spent some time at an old Philadelphia boutique investment firm. The firm was small, but handled some of... Read More

The current market environment is tough for traders. There’s a plethora of indicators that... Read More

The current market environment is tough for traders. There’s a plethora of indicators that are either disconnected or conflicting, making the market difficult to navigate. But I’ve seen... Read More

A recent breakout sets shares up for a rally to last year’s highs and possibly beyond. As the... Read More

A recent breakout sets shares up for a rally to last year’s highs and possibly beyond. As the broader market moves sideways in a fairly tight range, we must dig a little deeper for... Read More

The commodities frenzy in 2007-2008 drove energy and mining stocks up to astronomical heights... Read More

The commodities frenzy in 2007-2008 drove energy and mining stocks up to astronomical heights before the ensuing bear market erased all of those gains. While energy stocks and precious metals miners... Read More

Apple (NASDAQ: AAPL) surprised investors who were concerned about slowing iPhone sales when it... Read More

Apple (NASDAQ: AAPL) surprised investors who were concerned about slowing iPhone sales when it reported its fiscal Q3 earnings in late July. While profits on the smartphone were down, Apple reported... Read More