Stocks experienced some heavy selling in the week, as well as some heavy buying, but when the closing bell sounded on Friday, the Dow was off 0.74% while the S&P 500 was lower by 0.42%. The NASDAQ Composite slid 0.25% on the week.  Midway through the week testimony from Federal Reserve Chairman Ben Bernanke sent stocks […]

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I know what I want I say what I want And no one can take it away –Iron Maiden, “Journeyman” When you think of all of the brilliant statements of resolve that have come out of England, you tend to think they’ve come from great leaders like Winston Churchill or Margaret Thatcher. But today, I’ve

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Join me on Saturday, March 6, at 12:00 p.m. (noon) Pacific Standard Time, for a FREE update on the financial markets in 2010. In this teleseminar, titled “Return of the Bear Market,” I will be offering my opinion on how you should be managing your assets as we navigate these choppy market waters. Let’s face

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Years ago, people risked their lives to escape from the tyranny of the former Soviet bloc countries. Now, those same nations may prove to be an effective place for investors to flee from the debt problems cropping up in Greece and other fiscally faltering nations in Europe. One way for investors to gain exposure to

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Back home in the U.S.A., we have a much different technical picture. After sinking below its 50-day moving average, the S&P 500 Index now has fought its way back to the 50-day average. But before this broad measure of the markets can break through this short-term, technical resistance mark, we’ll have to see a lot

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In technical analysis parlance, a black cross (sometimes known as a death cross) occurs when an index’s falling 50-day moving average meets its rising 200-day moving average. And as the ominous name suggests, this is not a positive development for a sector. In fact, it usually signals the return of a very serious bear market.

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  There’s no doubt that control of this market right now belongs to the bulls. Even the Federal Reserve’s move to raise the discount rate—the rate it charges banks for emergency loans—failed to deter the buying impetus on Wall Street. The buying this week lifted the Dow Jones Industrial Average 2.54% higher, while the S&P 500 Index […]

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“I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money.” –Arthur Godfrey The late, great humorist pretty much hit the nail on the head with his comedic insights into our tax system. I’d venture to say that most of us don’t mind

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Does your investment strategy still consist of buying and holding mutual funds? If so, then you might be considered a “mutual fund dinosaur.” You see, with the volatility we’ve seen in the markets over the past couple of years, and with innovative products such as exchange-traded funds now heavily populating the investment landscape, a failure

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