I want to start off by saying how truly disappointed I am with the politicians in Washington. I am talking here about President Obama and the leadership in Congress on both sides of the aisle. That’s because last Friday, we were assured that a debt deal was basically in place, and that the only thing […]

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 “All you need is ignorance and confidence and the success is sure.” –Mark Twain The iconic writer provides us with a humorous, yet quite profound piece of advice in the above quip. You see, sometimes not knowing what you supposedly are unable to do is just enough of an edge to get that thing done.

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 Our recent move from the Saturday radio broadcast to the new Monday Morning Market Update digital audio broadcast has been even better than I thought it would be. We’ve had a ton of positive feedback from listeners, many of whom love the on-demand nature of the broadcast — and the lack of commercial radio advertising. […]

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Smartphone manufacturing is booming, and a fund already has been launched that is designed to let investors profit from the trend. As long-time followers of my ETF Talk features know, I typically do not recommend funds that have average trading volumes of less than 100,000 shares a day. However, I like technology and smartphones, and

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 “The desire of gold is not for gold. It is for the means of freedom and benefit.” –Ralph Waldo Emerson Leave it to a poet to put the issue of investing in gold in such quintessential terms. You see, gold is not an asset class to invest in because of some inherent value qua gold.

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  In last week’s issue, I told you that the market appeared to be reacting well to the purported deal to raise the nation’s debt ceiling. In fact, stocks traded nicely to the upside last week, and part of the reason why was the perception that things were going to get worked out in Washington.

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This week we saw a return of the bulls as the result of some very positive developments on the economic, European debt and U.S. debt ceiling fronts. This week’s Philadelphia Federal Reserve business outlook survey showed a higher-than-expected increase in July. The index came in at 3.2 for the month, well above expectations for a […]

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“When a man assumes a public trust he should consider himself a public property.”   –Thomas Jefferson   I would venture to say that today’s political elite have largely forgotten the Jeffersonian proclamation that they should consider themselves public property. I think things would be a whole lot different right now if they did.  

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 Our recent move from the Saturday radio broadcast to the new Monday Morning Market Update digital audio broadcast has been even better than I thought it would be. We’ve had a ton of positive feedback from listeners, many of whom love the on-demand nature of the broadcast — and the lack of commercial radio advertising. […]

Tags: migrated