Category Monday

07-JULY 26-2021

Good morning. As much as Wall Street loves rumors, Washington DC is the major league.  The latest rumors are that Federal Reserve Chairman Jerome Powell might not be nominated for a second term to lead the Fed.  While his tenure…

07-JULY 19-2021

Good morning. The market can have small selloffs all the time, and often for seemingly no reason.  Those drops help keep speculation in check, and help rotate from big winners to the next batch of stocks to lead the market…

07-JULY 12-2021

Good morning. In every endeavor of life, there’s always someone who’s a self-proclaimed expert… but who tends to get it completely wrong. By finding those individuals and then taking the opposite approach lies the path to riches. Call them anti-experts,…

07-JULY 05-2021

Good morning. When Coinbase (COIN) went public in April, it coincided with a high price in Bitcoin.  When AOL and Time Warner merged in the late 1990s, it heralded the end to the tech bubble of the time.  In 2007,…

06-JUNE 28-2021

Good morning. Most investments these days are made with passive investments, such as the millions of Americans who contribute to a 401k plan.  These plans invest in funds. In turn, those funds must periodically rebalance their holdings. Notably, the Russell…

06-JUNE 21-2021

Good morning. Lumber prices are now down more than 40 percent from their peak a few weeks back.  Bitcoin and other cryptocurrencies are down 30 percent or more over the past few months.  Even gold prices have started to drop…

06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and…