It was the month I’d been waiting for…
The stock market’s recent sell-off and sudden snap-back rallies – including a 2,000-point drop – served to vindicate my strategy of pushing into cash and avoiding the incessant volatility of a portfolio heavily weighted in equities…
None of the volatility came as a shock, though.
The price of oil broke below $40 a barrel this week, a six year low. The drop is still tempting a lot of investors. Reuters recently reported on how the “pros” are playing it all. For example, the manager of the Mount Lucas US Focused Equity (BMLEX) is a making a ballsy move that’s a…
DetailsAre you worried about a market drop? You’re not alone if you are. CNN’s Fear & Greed Index dropped again yesterday. It now has reading of nine out of 100. It’s officially in “Extreme Fear” territory. As we saw a year ago, this doesn’t mean a short-term bottom is in. The index can and has…
DetailsPuerto Rico is in complete financial meltdown. The basic premise of the saga makes sense. A big, semi-sovereign government has indebted itself as much as the state of New York, it missed an interest payment on its debt, it’s in default and there’s no easy way out.
DetailsTake a look at this chart… It’s not a stock price chart. It actually shows the steady and massive growth in one particular sector. I mean, just look at it. Who wouldn’t want to get in on high and consistent growth like that? Well, that’s exactly what we thinking a few months ago. And it…
Details“We can’t keep them on hand. They come in and they go right out. Customers keep calling for more too.” That’s what a mid-level manager of the largest electronics parts suppliers in the world told me two days ago. His company ships all the tiny parts from processors to antenna that make smartphones and everything…
DetailsIs oil really going back to $100? One of the world’s most knowledgeable and connected oil analysts thinks so. The most read article on Bloomberg today was Oil Guru Who Called 2014 Slump Sees a Return to $100 Crude. The article features the analysis of Gary Ross, founder of PIRA Energy Group. Ross has seen…
DetailsExchange Traded Funds (ETFs) are terrible investments for most people. I know that goes against conventional wisdom and everything you’ve ever read about them. For a number of reasons you’ll see below, ETFs are not and will never be the solution to most investors problems. I’ve said that for years and have been proven right…
Details“While I believe the longer-term move continues to be bullish [for the dollar], there is likely to be a retracement in the coming months to establish a new stable price platform from which future gains can be made.” That’s what I wrote about the U.S. Dollar Index (DXY) back in February. It’s still playing out…
DetailsThere’s a hidden danger in biotech stocks few investors can see right now. The danger is very real and will cause a lot investors to miss out on one of the best investment opportunities you can find the next few years. But if you identify this danger now and learn specifically how to protect yourself…
Details“Is McDonald’s Giving Up on Growth?” That was the title of a research report back in early 2006. McDonald’s had just spun off it’s relatively small (500 locations) Chipotle Mexican Grill (CMG) division into a stand-alone company. The conclusion to the report was McDonald’s was giving up on growth. Almost a decade later, I must…
DetailsThe unveiling of the Apple Watch was underwhelming. Most people just didn’t care. It wasn’t revolutionary like the iPod and iPad. Estimates of Apple Watch sales aren’t good either.. It’s all a distraction though. Apple’s next big growth opportunity isn’t watches. It’s something much bigger and Apple’s going head to head with Google and other…
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