Search Results for:
The Smartest Way to Protect Your Money
This mess will come crashing down. So here is the very best way to get ahead of whatever is to come.
Far More Valuable Than a Stockpile of Food and Money
If this virus is sending us straight to a postapocalyptic future… how will you survive?
Looking at Earnings, So Far, Things Don’t Look That Good
Can we talk, about earnings? Let’s.
But, first, listen to what Randall W. Forsyth said to open his column titled Up and Down Wall Street this Saturday in Barron’s. He said, “The good news is the bad news can’t get worse.”
Sadly, it can. That includes earnings.
With more than 90% of S&P 500 companies reporting last week, quarterly earnings look like they’ll be down 13.8% from Q1 2019.
Maybe that’s why markets sold off last week.
The Dow lost 645.90 points on the week, closing down 2.7% at 23,685.42. The S&P 500 closed the week down 2.3%, its worst week since March 20. And the Nasdaq composite closed the week down 1.2%.
What’s interesting, in hindsight, which I’ll get to in a second, is that the Dow dropped 1,083.32 over the first three days of the week, closing Wednesday at 23,247.97, down 516.81, or 2.17% that day.
The hindsight here comes to us courtesy of Sunday’s 60 Minutes show. The big-deal guest interview yesterday was with Jerome Powell, Chairman of the Federal Reserve. Only, Jerome wasn’t on live yesterday. The show was taped from the Fed’s Washington D.C. headquarters on Wednesday, after the Dow dropped more than 1,000 points over the first three days of trading last week.
It’s not normal for the Fed chairman to grant an interview to 60 Minutes, especially in the middle of a crisis. Did the Chairman offer 60 Minutes the interview? Maybe. Because if markets were to continue getting hit Thursday and Friday, they’d be in bad shape come Monday morning, today, and a further route would be entirely possible.
So, why not tee-up an interview on Wednesday to hedge your bets come Monday.
The Easiest Way to Fight the Coronavirus War
The coronavirus isn’t the only thing claiming victims during this crisis. And this foe has been around a lot longer…
The $3 Stock That’s Better Than Tesla
Is this Chinese electric vehicle manufacturer better than Tesla?
Banks Are the Economy’s and the Market’s Bellwether: How to Read Them and Play Them
To make money in the stock market investors need to know how bad the recession’s going to be and how the market’s going to react to economic conditions.
One surefire way to gauge what’s going on in the economy and gauge what the market thinks about economic prospects, as well as divine the market’s direction, is by watching bank stocks.
Banks are a bellwether for the economy and the market.
Here’s why banks are a good economic indicator, how to read them, and how to play them…
How to Trade Better Than the Pros
The latest trading trend has taken over Wall Street. And it’s good news for small investors.
What We’re Fighting For
To get where we need to go, it’s vital we know what we’re fighting for… and why.
Look Out Below: The Mortgage Market Is About to Revisit 2008 Crisis Woes Part II
Last Friday, I gave you this warning: The mortgage market is once again in danger, only this time the damage is going to be a lot worse, last a lot longer, and impact the housing market and the economy in worse ways than the 2008 financial crisis did.
I laid out all the details and data in Friday’s article, which you can read here, but today, I want to get into it a little bit more. It’s going to be hard to hear, but it’s absolutely necessary, since it will affect your Total Wealth.
If you thought the worst of the financial crisis was way behind us, you’re about to get a rude awakening.
Mortgage Massacre 2.0 is right around the corner.
When the Real Money Is Made
We’re talking about money a lot these days. There’s a good reason for it. There’s good money to be made.