What do you do when the Dow plunges over 4,000 points, or more than 14%, in just five trading sessions? Well, as my Salem Radio Network colleague Larry Elder is fond of saying, you “pass the Advil.” That Advil has indeed come in handy this week, as has that bottle of my finest fermented agave,
When a publication is brash enough to put a headline in “all caps” as we just did, you know we’re trying to make a bold statement about what’s happening in financial markets. Of course, the real bold statement is the wildly volatile moves in the market to the tune of a 12%-plus decline in the
The past four days have been brutal for markets, both domestic and international. Still, up until this afternoon’s mega sell-off in the final few hours, our Domestic Fund Composite (DFC) and our International Fund Composite (IFC) were holding steady and bravely above their respective 39-week moving averages. This kept the Domestic and International Plans in
The market is going wild with volatility. In fact, in just a few minutes this morning, the Dow went from being down 900 points to being down “only” 600. What this tells me is that this market is trying desperately and frantically to price in the worst-case scenario that has been created by ramped-up coronavirus
When it comes to the stock market, pictures can tell us a whole lot. Let me explain what I mean here by a reference to a popular song lyric that fans of new wave/80s rock will surely remember. It’s from The Cure’s 1989 hit, “Pictures of You.” If only I’d thought of the right words
When the Dow plunges by 1,032 points (or 3.56%) in a single session, that rightly causes a lot of anxiety among investors. And as steely-eyed as I am on issues such as these, I must admit that I felt pangs of uncertainty while seeing many of the market’s biggest and best companies take it on
Yesterday’s 1032-point plunge in the Dow caused a lot of anxiety among investors. And as steely-eyed as I am on issues such as these, I must admit that I felt pangs of uncertainty while seeing many of the market’s biggest and best companies take it on the chin. Yet when you step back and look
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My friend, and Fast Money Alert co-editor, Dr. Mark Skousen, wrote to me this morning to exchange ideas about this market. Then he provided me with the following quotable gem: “Everyone has opinions, but not everyone has ideas.” I liked that comment, and he told me I could quote him, so I am sharing it
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