Problems at Theranos prove one of the biggest challenges in tech investing is not buying into the hype. Read More
Stock Market Investing
Can you both fish and cut bait? Apparently so, because in the week following the Brexit vote investors ran to both riskier assets such as stocks, and to safer assets such as gold and bonds. So clearly the markets are too fickle at this point to make any rash decisions.In searching for… Read More
In the current crazy retail world, rummaging through racks of discount clothes at Burlington Coat Factory trumps buying Victoria’s Secret bras, and Walmart is beating Target with … groceries.Given consumer spending is increasing at its highest rate since last fall, you’d think all retailers would be doing at least fairly… Read More
The U.S. stock market has some unfinished business. Two weeks ago in this space I warned that the market was vulnerable to a decline. And I was both right and wrong, all within a few days, as the market crashed and recovered over the space of a week after… Read More
In only one week the reaction to Britain’s vote to exit the European Union seems to have reversed course, swinging from shock to apathy. Despite dropping more than 5% in the two trading days immediately following the vote, the S&P 500 Index mostly recovered during the next three trading days… Read More
The Brexit is roiling markets, but tech investors should stay the course. Read More
Brexit has been tossing the stock market around like a rag doll in the last week. The June 23 vote decides whether Britain will remain part of the EU, and up until recently the stock market had smugly assumed the status quo.On June 10 a poll by British newspaper The… Read More
Something is amiss in the financial markets as evidenced by their increasing volatility. And while I’m not looking to be an alarmist, my analysis of multiple technical indicators suggests that more money is coming out of stocks than going into them. Read More
June has been a rough month for financial stocks. They took a pounding following a weak jobs report and dipped again this week after the Fed decided to stand pat on interest rates.Weak employment means a weak economy, and a weak economy is an excuse for the Fed to keep… Read More
It’s no secret that summer is the year’s busiest driving season. School vacations and warmer weather inspire trips to the beach or mountains and longer journeys to relatives’ homes or tourist destinations. The AAA estimates that Americans drive an additional 440 miles each summer.And this summer will see a great… Read More