I bet you remember a cartoon from the early 1980s that actually captured the social zeitgeist of the time merely by its title. The show was unapologetically called “Richie Rich,” and it was all about the adventures of the protagonist, appropriately named Richie Rich, who also happened to be the “richest kid in the world.”

Right now, in this very moment, you have an incredible opportunity to do something so sublime, and yet

Options trading can be fast, exciting, blissful and heartbreaking — all in the same day. It’s kind of like that first love, which is exciting beyond imagination and heartbreaking beyond hurt when it’s over. First kisses also are like that, as that is often the opening salvo to it all. Today, we are going to

After two weeks of decided downside in stocks, this week brought about some relief buying in the major domestic averages. When traders returned on Tuesday after Monday’s market holiday, they were largely in a buying mood. That day, the S&P 500 surged some 2.45% in one of the better sessions for stocks in some time.

After two weeks of decided downside in stocks, this week brought about some relief buying in the major domestic averages. When traders returned on Tuesday after Monday’s market holiday, they were largely in a buying mood. That day, the S&P 500 surged some 2.45% in one of the better sessions for stocks in some

I’d like to teach the world to sing In perfect harmony I’d like to hold it in my arms And keep it company… –The New Seekers, “I’d Like To Teach The World To Sing (In Perfect Harmony)” If, after reading the above lyrics from The New Seekers, you feel like drinking a Coke, then you

This morning I received an inquiry from a subscriber (thank you, Scott M.) who asked me what I thought would be the market bottom on the Dow Jones Industrial Average.  Here’s what I told him in response: “A numerical value on a Dow bottom is nearly impossible to peg with any real certainty. That said,

Big call buying, especially when it’s out-of-the-money calls of the sort we like in this service, usually demands some attention, as significant buying in a position often leads to a big move higher. Now, when you have been looking at a stock, or in this case an exchange-traded fund (ETF), that you like because of

“To walk through the ruined cities of Germany is to feel an actual doubt about the continuity of civilization.” –George Orwell The great George Orwell was famous for writing about the horrors of a dystopian society, one with no joy, only pain, and no freedom, only control by “Big Brother.” In the quote above, Orwell

Are you experienced? Ah! Have you ever been experienced? –Jimi Hendrix, “Are You Experienced?” Before this week, there was some lingering doubt as to whether we really are experiencing a bear market. After all, the benchmark domestic equity index, the S&P 500, was still technically above the threshold that defines a bear market, i.e., a