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The Simple Reason for Wall Street’s Biggest Moves
We’re about to show a huge audience the very best way we know of to make big money in this market. And it means we will change lives.
Enjoy the Melt-Up While It Lasts
Don’t get me wrong – just because I’ve started to write about how crazy the market’s become, how it’s like déjà vu all over again, doesn’t mean I’m not bullish.
Because I am – bullish, that is.
Because, you know, it’s all good until it isn’t.
Because, “as long as the music is playing, you’ve got to get up and dance.” That’s what Chuck Prince, Citigroup’s chief executive in July 2007, told the Financial Times. The party would end at some point, but there was so much liquidity it wouldn’t be the U.S. subprime mortgage market stopping the music.
It took another 15 months for Prince’s preamble prediction which was, “When the music stops, in terms of liquidity, things will be complicated,” to come true, at least that part. The part about subprime mortgages not being the cause was just a little off. Just a little.
Does that mean we have another 15 months? Maybe.
The Dow was up 723 points last week, or 2.6%. It’s now 3.2% from its all-time highs of last February. The S&P 500 notched another all-time high last week, ending the week up 3.3%. And the Nasdaq Composite hit a record high, ending the week up 3.4%.
Since the March 23, 2020 lows, in only five months, the Dow is up 54.11%, the S&P 500 is up 56.78%, and the Nasdaq Composite, wait for it…is up 70.47%
Whether Fishing or Investing, Follow These Two Simple Rules
Too many folks think investing is complicated and loaded with risk. But the truth is, it’s as easy as fishing. Just follow these two simple rules to make your first trade…
The First Bellwether You Need to Watch to Avoid a Portfolio-Wrecking Loss
In Wednesday’s Total Wealth,I explained how there is no comparison between the 1999 rally that led to the Tech Wreck of 2000 and the 2020 rally that’s getting ever more irrational.
Of course, there are valid comparisons.
Answering Your Questions About The Super Trader Rally
The big event is coming up next week. You’ve got questions… and we’ve got answers.
Narrative Investing: The Lockdown-Led Tech Rally Is Nothing Like the 1999 Tech Rally… Right?
Don’t worry, be happy.
The roaring tech rally of 2020, courtesy of the Great Lockdown, courtesy of COVID-19, is nothing like the roaring tech rally of 1999 that led to the Tech Wreck of 2000.
At least that’s the investing narrative making the rounds now.
The story is, everywhere comparisons are being made between the irrational exuberance that led to the Nasdaq Composite crashing 50% in 2000 and the tech rally of 2020 where five stocks have led millions of investors up the yellow brick road, is that there is no comparison.
In Just 30 Years, He Turned Every $1,000 Into $237,000
Using complex algorithms, this gambler beat the house in Vegas. Then he used the same methods to beat the markets.
Use This Vegas-Based Formula to Improve Your Risk Management
There’s a secret of the Vegas blackjack tables that aptly applies to investing.
Enjoy the Stock Market Rally Until These Bellwethers Sound the Alarm
Ever wish for an “endless summer?”
Of course, you have.
Ever wish for an endless stock market rally?
Of course, you have.
Well, at least one of your wishes has come true.
Now here we are again, facing the end of summer and wondering how many more days, weeks, months, quarters, years, decades the market’s going keep on rallying.
I’ll save you the wondering, the answer is the market’s going to keep on rallying. Until that is, one, or two, or three things happen, either by themselves, but more likely, in conjunction with one another.