To say the market’s been on a tear would be like calling the Grand Canyon a ditch. Last week the Dow ran up 1,727.87 points to end the week 6.8% higher. That’s half the gain in a good year. The S&P rose 4.9%. And the Nasdaq Composite, on an intraday basis, made a new record[…]
The free market isn’t free anymore, even though a lot of retired and soon-to-be retired folks think it is. The truth is nothing in the capital markets moves freely anymore, especially interest rates. Now, frighteningly, because America has morphed into a quasi-command economy where the Federal Reserve dictates economic policy, retirees don’t understand how dangerous[…]
Airline stocks have been essentially grounded, for very good and obvious reasons. But, like the rest of the stock market, as the airlines see the economy opening up, as the TSA tells us there are more travelers every day, as investors rotate into cyclical sectors and beaten down stocks, tarmac tied airline stocks should benefit,[…]
There’s a good chance of a rally from here, Goldman Sachs reported, and Shah couldn’t agree more. We’re slowly gaining on the all-time highs, and we’re going to go higher. The post A Tremendous Rally off of the March Lows appeared first on Total Wealth. Powered by WPeMatico
Like a runaway train the market kept barreling ahead last week, make that last month, make that the last two months, actually make that since the March 23, 2020 lows. The S&P 500 ended last week up 3%. It ‘s up a whopping 17.79% in the last two months. And is up a mind-bending 36.06%[…]
Just about everything in our lives is different, no thanks to the novel coronavirus. One glaring difference is how retail investors have plunged into the stock market since COVID-19 slammed markets and shutdown the country. While that’s different enough, what’s vastly different is retail investors, instead of typically selling at the bottom of a plunge,[…]
The stock market’s bounce off its March 23, 2020 lows is over. We’re not bouncing now, we’re rallying. There’s a difference. A rally won’t let you down. In fact, a rally will give you an opportunity to make money, hand over fist, four days a week… and it only takes one hour per day. My[…]
Summer’s not officially here yet, but the heat sure is. Markets are sizzling and investors are feeling it. It’s Risk On, all the way. Until of course the heat wave investors are enjoying gets dumped on by any number of named storms brewing out on the near horizon. What storms? Bella-Bankruptcy, Brad-Breadth, Elanor-Unemployment, Maggie-Mortgage, Ralph-Retail,[…]
Thousands of American companies are sliding towards bankruptcy. Many of them are publicly traded companies. The Federal Reserve’s buying some failing companies’ bonds in an effort to keep them alive. It’s not going to work. The coming tidal wave of bankruptcies will overwhelm the Fed’s rescue efforts and could sink the stock market. Here’s what’s[…]
The Federal Reserve’s promised to be the support pillar that holds up America’s capital markets. And they’ve promised to hold up the economy. Too bad the price America’s paying is our way of life. Here’s the short story how the Fed hijacked free markets and ushered in socialism, and how to win our freedom back.[…]