In 2021, investing in the growing international cannabis patch might offer one answer to America’s continuing high anxiety level.
Markets have been risk-on, risk-off for most of June and July this year. Ditto interest rates and trade issues. Tuesday's action proves the point, focused as it is on Federal Reserve policy.
Nothing’s going anywhere except modestly down until we get some definitive news from… somewhere. It’s Waiting for Godot Time on Wall Street again.
it’s fairly safe to say there’ll be no Santa Claus Rally to end this year. Instead, our current grueling bear market continues to eat any profitable positions that remain.
Stocks in nearly all sectors take off in unpredictable directions during every single trading day. It’s roller-coaster investing at its worst.
This current leg of the Great Trump Rally is beginning to look a little weird. Tired. Weary. Maybe even a bit green behind the gills.
Our ultimate aim is to gradually restructure our investment portfolios. The concept we decided to employ, at least experimentally, is what we’ll call ETF Perestroika. It all unfolds in today's investment climate, an environment we might best define as ETF World.
In anticipation of the new sector index, XLC, a new Communication Services ETF, was launched this past Tuesday by State Street. Since it’s new, it’s thinly traded at the moment. That is likely to change as September 21, 2018 approaches.
The predictable result after several days of rallying? Mr. Market is taking back some of investors’ profits today. No thanks to Home Depot, the Dow, off some 200 points earlier Tuesday, remains in negative territory.
Plans for extensive S&P and MSCI sector revisions are nearing final agreement. They are now scheduled to take effect on September 28, 2018. Once implemented, the revisions could cause some temporary heartburn for ETF investors and other stockholders this coming fall.
Logically, we now turn to the crucial matter of making stock portfolio repairs. If we're successful, we should be able to profitably ride out the slings and arrows of a volatile Q2 2018.
Seemingly from out of the blue, the FERC completely disallowed a longtime corporate MLP tax break that the industry long felt was sacrosanct. In short, the FERC disallowed a special tax allowance that many MLPs have routinely used for years.
History has witnessed this kind of speculative nonsense before many times since Tulip Mania took hold. That's why it makes us nervous to see it again.
The rampaging bears are heading back to their caves to hibernate this morning, as the Dow rockets ahead for a 200 point gain.
Pharmas get a bounce as McCain screws the Republican's Graham-Cassidy pooch. Apple ends worst week of year, slowing, not stopping its descent. CNX gets a bid.
We wish we’d sold a bit more of our portfolio in May. But better late than never, as likelihood of a flat to truly gloomy summer stock market becomes more evident.
We’re back from a week-long holiday and it appears we didn’t miss much in a market that can’t make up its mind as Washington impasses continue.
Giant money manager BlackRock to sack managers of actively managed funds and ETFs, replacing them with robotic stock selection tools to cut costs.
The Trump Rally continues, though it shows signs of weakening. We try to thread the needle by picking off profits to raise cash in case of political disaster.
For short and medium term oriented traders, heat maps are invaluable tools for gauging daily market sentiment as well as finding good buy and sell points.