The markets appear to be stabilizing. The thought is the Fed, FDIC, and Treasury Department have successfully eliminated the risk of another financial contagion. I said last week, "We shouldn't take a move up in prices as a sign the crisis is over. There will be more companies who run
Last week was certainly an eventful one. It seemed every day had a "crisis" at a (relatively) small bank, which caused a big drop in share prices across the financial sector. This pulled the markets lower, but then a rumor, news release, government announcement, or something else emerged to calm
During a bear market each countermove is closely examined. Our sensitivity is heightened because psychologically losses cause twice the emotional response as gains. Throughout the year we've warned about not being sucked into the inevitable bear market rallies. The 3rd quarter started with a huge rally in October with November
Hopefully everyone had a safe and enjoyable Thanksgiving week. The stock market continued its latest bear market rally albeit on very light trading activity. The markets move in cycles and as we said for the last few weeks, it is important to understand this. Markets do not go straight down
Happy Thanksgiving week! I’m sure we have a lot going on and maybe don’t want to think about what’s going on with the market, so let’s keep this short. With a crazy market year starting to wind down, we have a new week of data to
