The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a… Read More

The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a pandemic. 3) This is a typical decline that precedes a recession. The best case is that the market is overreacting to the coronavirus. But we have seen pandemics before, and traders didn’t react like this. For example, in 2009, pH1N1 influenza swept across the globe. According to the CDC reports, from April 2009 to April 2010, the United States experienced approximately 60.8 million cases, 274,304 hospitalizations, and 12,469 deaths due to the virus. And what did the stock market do? A lot, actually. Over that same period, the S&P climbed 48%. So, the last time we dealt with a… Read More

In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More

In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More

I don’t think there is reason to panic, but this is a precarious position for the economy. Here's why... Read More

I don’t think there is reason to panic, but this is a precarious position for the economy. Here's why... Read More

I found an interesting summary of the state of the economy... in the National Association of Realtors January report? Read More

I found an interesting summary of the state of the economy... in the National Association of Realtors January report? Read More

We're seeing hedge fund managers risking income and careers in a bull market. Here's what that means for us... Read More

We're seeing hedge fund managers risking income and careers in a bull market. Here's what that means for us... Read More

There is a chance this could move from the front page to the history books by the end of February. If it's still in the news a month from now, China — and the world — will face an economic crisis. Read More

There is a chance this could move from the front page to the history books by the end of February. If it's still in the news a month from now, China — and the world — will face an economic crisis. Read More

There's one thing I'll be keeping a close eye on to tell me if these new market highs have the strength to continue marching higher -- or if there's weakness lurking beneath the surface... Read More

There's one thing I'll be keeping a close eye on to tell me if these new market highs have the strength to continue marching higher -- or if there's weakness lurking beneath the surface... Read More

It’s clear that America’s infrastructure is in deep disrepair. And this stock could benefit from a major effort to fix the problem... Read More

It’s clear that America’s infrastructure is in deep disrepair. And this stock could benefit from a major effort to fix the problem... Read More

Now is the time to consider how you will manage your portfolio in a declining market. Read More

Now is the time to consider how you will manage your portfolio in a declining market. Read More

A close below this level in the S&P 500 would be a signal to become very defensive. Read More

A close below this level in the S&P 500 would be a signal to become very defensive. Read More