Once upon a time, supply and demand ruled the markets. Supply of shares for sale vs. demand for the prospects for the company’s success in the future. We had a a capital asset pricing model and we discounted future...
Read MoreAnyone with a financial news source knows that “they” tried to bail out Spanish bank over the weekend. Why does the Clash’s “Spanish Bombs” keep playing in my head? But I digress. So what happened?...
Read MoreAs a childhood wise guy, I had a few dumb slogans to rattle off from time to time. One of them was from geography – The Hungary Turkey slipped on Greece. Yes, I know, BFD and silly. But how about changing it to something...
Read MoreOK, the title is a stretch as the real topic is what is already baked into the cake in this market. On the Facebook page, we had a brief discussion about money printing. Everyone “knows” the market will rally when...
Read MoreOver time, buying when the 50-day moving average crosses above the 200-day average has been a winning strategy. You do not buy the low and sell the high but you do usually get on the right side of the trend. With a few...
Read MoreHere is another observation on the economy that flies in the face of, well, my face and beliefs. A walk down the streets of downtown Huntington, NY, one of the larger “metropolises” on Long Island (yes, I chuckled...
Read More
