“Intelligence without ambition is a bird without wings.” –Salvador Dali One of the 20th century’s most influential artists, Salvador Dali, also is known for some rather artfully put wisdom. Here the painter/sculpture reminds us that you aren’t likely to achieve much in life by relying on intelligence alone. Sure, intelligence helps, but ultimately, it is

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Last Saturday, we talked about the current conditions in the market, and how best to position your money to take advantage of what I suspect will be some nice buy setups taking shape in the near future. If you weren’t able to hear last week’s show live, then don’t worry. As an Alert reader you

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The stock market’s recent rise has me watching an equity fund that invests in preferred stocks. The S&P U.S. Preferred Stock Index Fund (PFF) seeks investment results that track the S&P Preferred Stock Index. That index measures the performance of selected groups of preferred stocks that individually have a market capitalization of more than $100,000.

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One area of the market that’s starting to worry me quite a lot is financial stocks. To be certain, financials have been one of the most volatile sectors in the market this year. Right now, we are at an inflection point. As you can see here by the chart of the Financials Select Sector SPDR

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Just when you thought that Wall Street was safe from European protestors, the Old World streets get flooded again with protestors who fear they won’t continue receiving as much government largess as they were expecting. Both U.S. and European markets fell in early Wednesday’s trading as protests against potential new austerity measures in Belgium, Ireland

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Stocks logged another winning week, with big gains taking place in Friday trade. The move higher to end the week was due to some positive news on the economic front. A big increase in orders for manufactured goods was just what the bulls needed to step back into stocks en masse after a couple of lackluster mid-week […]

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“There is one good thing about Marx: he was not a Keynesian.” –Murray Rothbard The great Austrian School economist makes crystal clear his disdain for Keynesian economic theory in this one pithy and rather humorous statement. Unfortunately, there’s nothing humorous about the fact that Keynesian economic theory dominates the thinking in Washington, D.C., and in

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Last week’s show was handled by the Fabian young guns, my sons David and Michael. I want to congratulate them on a fantastic hour of broadcasting in my absence. If you didn’t get the chance to hear last week’s show live, then don’t worry. As an Alert reader, you have FREE access to all of

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Every once in a while, I like to highlight a recommendation that I am making in one of my paid services to showcase a broad market trend that is worth bringing to your attention. While the U.S. stock market has been picking up recently, the emerging markets really have been climbing. To take advantage of

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Like many Americans, I watched President Obama’s Town Hall meeting about the economy on Monday that was hosted by CNBC. And judging from the response I’ve read about how unimpressed Americans generally feel about what the president had to say, I must say that I agree. To me, the language was essentially politics as usual.

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