It was another down week for stocks, as the selling over the past five trading sessions took the Dow down 1.1%, while the S&P 500 was off by 1.6%. The NASDAQ Composite was the hardest hit of all the major indices, sinking 2.6% on the week. Friday marked the end to a very upsetting month for […]

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From peak to trough, the S&P 500 Index fell more than 5% last week. This kind of rapid descent has me very concerned for investors holding large allocations to domestic, international and high-yield mutual funds. What we could be seeing here is the start of a more prolonged correction in the markets.  The end of

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  The market sell off that’s taken shape over the past week intensified midway through Wednesday’s trading session, and though stocks did recover by session’s end, the selling pushed our position in the SPDR S&P 500 (SPY) below our preset stop-loss price of $109.  If you had your stop-loss order in place, your position in […]

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“If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.” –Friedrich August von Hayek The great Austrian School economist provides us with some much-needed words of caution, particularly in light of the current notion that

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Precious metals such as gold and silver have enjoyed a strong move higher in recent months, so the roll out of two new funds focused on other precious metals is worth highlighting. I like funds to establish a minimum volume before I recommend them, so I simply will keep an eye on these funds for

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It’s not easy being in power when the electorate is riled up. President Obama certainly found that out last week in Massachusetts, where the election of Republican Scott Brown to the vacant seat of the late Ted Kennedy shattered his party’s filibuster-proof supermajority in the U.S. Senate. This week, another political luminary found out that

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It was the first really rough week in over 10 months. Yes, I’m talking about the nearly across-the-board selling we witnessed in stocks last week — a sell-off that slammed the major market indices approximately 4% lower. The S&P 500 Index actually broke below its short-term, 50-day moving average last week, a clear sign that

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  What a week! I can’t remember ever seeing so much politically charged news affect the market so much over such a short time. The election in Massachusetts of Republican Scott Brown to the U.S. Senate on Tuesday helped health care stocks, and the market at large, surge. Brown’s election means the Democrats no longer hold a filibuster-proof […]

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On Wednesday, Jan. 20, 2010, Doug hosted a live teleconference on "Profiting from Investment Trends in 2010." This was a chance for Doug’s subscribers to hear straight from him about how to invest in 2010. During this teleconference he discussed: A review of the current, open positions in his portfolios Economic challenges facing investors in […]

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When you invest in gold and/or stocks tied to the fortunes of the volatile yellow metal, you have to be prepared for a lot of big price swings. Today, we witnessed one of those big price swings, with the value of gold plummeting $27 an ounce. This sell-off in gold, and the concomitant selling in […]

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