Mar112017
Four little words may have cost more investors more money than anything else in stock market history: This time is different. Granted, in a sense, every time is different. History never repeats itself in exactly the same way, but it can certainly rhyme. Market cycles exist because our fundamental human qualities don’t change. Fear and greed… read more
Mar102017
U.S. President Donald Trump declared in his inauguration speech January 20, “From this day forward, it’s gonna be only America first! America first!” At the time, he probably had no idea he was touching off a viral video sensation that would inspire people in countries around the world to mock not only him, but their own… read more
Mar32017
About 5 years ago, maybe a little less, but at this point I don’t feel a sense of obligation to go through my data, I was way over invested in retail.
As someone who really does believe in diversity, I wasn’t too happy about carrying that much retail liability, especially as those shares weren’t faring too well.
Like just about everything else, there are periodic ups and downs.
Individual stocks behave that way, as do sectors.
Markets, too.
Mar32017
Jennifer Lopez is one of the rare musicians-turned-actresses who has been pretty good at both of them; however, we never seem to talk about her dancing abilities. On Wednesday night, she faced off with “Tonight Show” host Jimmy Fallon to bring down the house. Lopez and Fallon both picked their moves out of the “velvety dance… read more
Mar22017
If you like uncertainty, you may really love what’s ahead.
Of course, no one ever knows what is ahead, but I’m certain that it won’t be as certain as the market’s climb since Election Day.
Coming on the heels of Wednesday’s 300 point gain, today’s triple digit loss was muted, unless you were in metals and perhaps energy.
Those two certainly helped me out a lot in 2016 and had been pretty good to me in 2017, as well.
I put quite a bit of money into retailers in the past two weeks following the post-earnings swoons in L Brands, Target and Best Buy.
Abercrombie and Fitch, on the other hand, was just a lucky call, as it didn’t nosedive after poor numbers.
There was one other trade in the week that I didn’t report, because it was made in the final minute of trading on Tuesday and it didn’t involve the immediate sale of call contracts.
That was for Las Vegas Sands, which subsequently soared on Wednesday at which time I did sell some weekly calls, only to watch those shares give up much of their gain today.
But that’s the theme of what I really want to talk about.
If you don;t quiver too much, there have been some really good opportunities in some down beaten stocks.
You may have followed my recent trades in and out of Cliffs Natural Resources, for example. read more
