[CONTAINS UPDATES FOR TUESDAY, WEDNESDAY, & THURSDAY]
Last week I said "corrections are inevitable". We see 5% corrections in the market about 3 times a year. Each on averages lasts about a month, with the recovery taking up another month. The S&P 500 lost nearly 6% last week
After taking Monday off in observance of Martin Luther King, Jr. Day, the stock and bond markets are making up for lost time in continuing last week's trend. Both stocks and bonds are projected to start the 4-day week on a deeply negative note.
Given the short week I'll keep
"Don't fight the Fed" - Marty Zweig
Marty Zweig was a famous investment advisor and stock trader for his disciplined approach. This approach helped him warn clients about both the 1987 crash as well as the bursting of the tech bubble. His book, "Winning on Wall Street" contained a list
School was supposed to be back in session today, but we found out last night it was cancelled. Although some districts across the country have gone back to virtual learning, our school district cancelled school due to a "winter storm warning", not the result of COVID concerns. This is our
I'm not sure where 2021 went. Plenty will be written this week and next in the various financial publications about the year, with plenty more written about what the next year will look like. I won't waste your time looking at either of those things this week. One because a
