Category Archives: Equity

Black Monday, 1987: Inside The U.S. Treasury

By Liam McPherson The following exchange took place between President Reagan and reporters after the market close on Black Monday, October 19, 1987.  Leaving to visit the First Lady in the hospital, President Reagan spoke just after the market lost … Continue reading

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Two Stocks To Watch After Monday’s Long Red Candlesticks

Here are the two stocks we are watching after last Monday’s big reversals and long red candlesticks.  Tesla (TSLA) and Netflix (NFLX) have been the highest fliers in the bull market. Both are bellwethers of the 11-year old bull market … Continue reading

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Has Netflix Peaked?

Our crack stock picker, Coach Carol,  thinks the probability favors the affirmative.  Personally,  I think Netflix, the service, is…rhymes with rap. The attraction of most of these streaming services, in my opinion, is their new content, and Amazon Prime is … Continue reading

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TOTD: Valuations Matter

TOTD – Treat of the Day Microsoft was a great company in 1999. $MSFT was still a great company in 2017 – it would take you 18 years for you to break even if you bought it in 1999. Valuation, … Continue reading

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Cue The Economic Recovery

Summary The Russell 2000’s relative performance is now sniffing out the economic recovery, which will be reflected in a record Q3 GDP print, a bounce from the record first-half economic collapse  It is not unreasonable that we will see a … Continue reading

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Classic Bear Market Bounce

Big move today in stocks with the S&P500 closing up 7.03 percent.  We are so glad we are out of the market. We believe stocks are now in phase two of a vicious bear market, where after the initial sharp … Continue reading

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President Reagan On The ’87 Stock Market Crash

We are reposting this piece.  History rhymes.  The U.S. was in the midst of conflict with Iran during the 1987 crash as we are today. The Fed tried to stem the selling today and who knows what would have happened … Continue reading

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Stages Of A Pandemic: Denial, Panic, Fear, and Rationality

We’ve been accused of panicking. It just ain’t so, Joe, as our M.O. is to try and panic before everyone else. What will be the big negative shock that shakes the tree loose?   Your guess is as good as ours … Continue reading

Posted in Economics, Equity, Uncategorized | Tagged , | 4 Comments

Buying Tops And Trump’s Race For Stock Market History

We want to add to our last post because we believe the topic is of immense importance to the younger generations starting to save and plan for their retirements.   Note, we had a slight error in the post,  Keeping Stock … Continue reading

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Enter The Selling Zone 2.0

It’s that time again. No, not the now annual October fires in California (helluva a Chinese hoax, btw) we’re running from but the S&P moving into the selling zone. We are reposting a piece we published on the very day … Continue reading

Posted in Equity, Uncategorized | 18 Comments