A Few Dollars More

It was a short week on Wall Street in more ways than one. The Dow joined NASDAQ in Bear territory (20% off their peaks) and the S&P 500 is perilously close to making it a trio. Crude oil, on the other hand, continues to break records driving the markets even lower as well [...]

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My answer in one word is no. That’s not to say the markets won’t go lower. They will. But it appears to me that we are testing the bottom for the third time this year and three is usually a magic number.
It appears the “sell in May and go away” slogan was simply [...]

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Traditionally, investors run to cash or bonds, preferably Treasury bonds, when the stock markets decline. They exit, waiting on the sidelines, hoping to re-invest at the lows. Sadly, that strategy has proven to lose investors more money than if they had done nothing. Yet, no one wants to suffer the pain of watching [...]

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Oil has held the world’s stock markets hostage for several weeks now and this week was no different. What is different however is that the S&P 500 broke a key support level at 1325 on fairly heavy volume However, Friday was also an options expiration date when funny things happen to stocks that [...]

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It was a “Back to the Future” week on Wall Street. Reminiscent of this winter’s wild swings in the averages, investors were running first for their foxholes and then a day or even a moment later buying at the market in an effort to get in on the upside. On the surface, there were [...]

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