Tag Archives: collapse
This Bull Market is Cooked
Several cracks in what was thought to be a granite foundation supporting the stock market were revealed last week. The S&P 500 fell 2.67 percent between weeks open and close. For the month of July, the S&P 500 finished down … Continue reading
An Absolute Disaster?
Last Thursday the DOW surpassed 17,000 for the first time ever. What a marvelous achievement. The combined forces of mass money creation and speculative fervor have bid up the market to levels a person of sound mind and honest intentions … Continue reading
How to Prepare Now for the Greatest Show on Earth
Last weekend we received a mailer from the city water department. Long Beach has returned to water rationing. Turf and landscape irrigation is only allowed on Monday, Thursday, and Saturday…before 9am or after 4pm. No doubt, it’s hot and dry. … Continue reading
Putin’s Revenge?
Buying low and selling high is an investment strategy that guarantees success. But few are capable of doing it. Most people have an uncanny ability to buy high and sell low. They’d rather buy Facebook at 80 times earnings than … Continue reading
