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Category Archives: Stock Market
This Stock Market Will Eat You
Captain George Pollard Jr. was hungry. Actually, he was starving. He’d been drifting aboard a small whaleboat with some of his crew in the South Pacific for over two months. The sun was ravaging. The thirst was unquenchable. The meagre food rations had taken their toll. Thus, Pollard did what he had to do to survive. He took a deep breath, said a prayer…then he devoured his 18-year-old cousin, Owen Coffin. Continue reading
Posted in MN Gordon, Stock Market
Tagged cannibalism, george pollard jr, herman melville, moby-dick, the essex, victor niederhoffer
12 Comments
Should You Buy the Dip?
Something remarkable happened yesterday [Thursday]. Stocks didn’t go up. They went down…and they went down a lot. The S&P 500 dumped 5.89 percent. But that was nothing. Gannett Co. crashed 29.5 percent, Noble Corporation plunged 25.51 percent, and Denbury Resources dropped 23.65 percent. Should you buy the dip? Continue reading
Posted in MN Gordon, Stock Market
Tagged business cycle, collapse, jerome powell, retail, S&P500
11 Comments
Is the Panic Worse than the Virus?
The Great Panic of 2020 is already one for the history books. Yet the damage has only just begun. We suspect the stock market crash, economic destruction, and forfeiture of freedoms will persist long after the coronavirus hobgoblin has been put to bed. Continue reading
Posted in MN Gordon, Stock Market
Tagged charles mackay, coronavirus, great depression, panic, stock market crash
13 Comments
The Secret to Fun and Easy Stock Market Riches
On Tuesday, at the precise moment Federal Reserve Chairman Jay Powell commenced delivering his semiannual monetary policy report to the House Financial Services Committee, something unpleasant happened. The Dow Jones Industrial Average (DJIA) didn’t go up. Rather, it went down. Continue reading
Posted in MN Gordon, Stock Market
Tagged djia, federal reserve, jerome powell, monetary policy, president trump
14 Comments