Remember the film “Cool Hand Luke”? Paul Newman played the title role to perfection in the 1967 classic, and in that film, there’s an iconic line that I like to use from time to time to make a point in my writing. After a successful bluff in a poker game in which Luke basically had

In the 1967 classic film “Cool Hand Luke,” Paul Newman played the title role just about as well as any actor has ever portrayed anyone. In that film, there’s an iconic line that I like to use from time to time to make a point in my writing. After a successful bluff in a poker

It has come to my attention that the ticker for yesterday’s options pick was typed incorrectly. The correct instructions should be: Buy the LGIH Nov. $120.00 call options (LGIH201120C00120000) at market, which last traded for $10.61 and expire on Nov. 20. I apologize for any inconvenience.

“The trend is your friend,” and “Don’t fight the Fed.” Though I despise clichés, given this market’s penchant for proving these maxims correct, it does make one bow to the wisdom of crowds. Indeed, the bullish crowd has taken the S&P 500 to a series of new highs this week. That’s been good for our

In his 2005 best seller, “The Wisdom of Crowds,” author James Surowiecki argues for what he describes as a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant those few may be.

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The market has entered a bit of a news lull. Since markets never really experience complete news lulls, I guess the better way to describe the situation is to explain that investors are waiting for a resolution to the next two major catalysts on the horizon for stocks. And if you’ve been focused on what

The market has entered a bit of a news lull. Since markets never really experience complete news lulls, I guess a better way to describe the situation is to explain that investors are waiting for a resolution to the next two major catalysts on the horizon for stocks. And if you’ve been focused on what

The market looks to be entering a bit of news lull, as much as the market ever experiences a news lull. The reason why is because the next two major catalysts on the horizon for stocks are 1) The passing of a substantive stimulus deal by Congress, and 2) A game-changing therapeutic to fight the

  A few years ago, a friend asked me to describe my personal “ethos” with just a few words. Now, judging by that question, you can tell that I hang out with some pretty smart friends. And in this case, I knew my answer needed to be appropriately thought out to satisfy my friend’s curiosity.