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Monthly Archives: August 2017

S&P 500 rebounds as investors become optimistic about tax reform

We never hold on for the last nickel. I think you make a big mistake when you do that. We never assume something will go past its fair value. We’ll let someone else make the last dollar or two. We’ll always sell too soon. – Seth Klarman, hedge fund manager Both the Dow Jones Industrial […]

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Stocks close lower as geopolitical concerns take center stage

I haven’t the faintest idea as to whether stocks will be higher or lower a month – or a year – from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will […]

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North Korea fears sink stocks, S&P 500 falls 1.4%

We have, as human beings, a storytelling problem. We’re a bit too quick to come up with explanations for things we don’t really have an explanation for. – Malcolm Gladwell, journalist, author and speaker The Dow Jones Industrial Average didn’t spend much time above the 22,000 milestone. After eclipsing this barrier the previous week, the […]

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Dow closes above 22,000 on continued strong earnings

Investing in a startup does not make you an entrepreneur any more than buying a grand piano makes you a concert pianist. – Jeffrey Fry, author and successful entrepreneur The Dow Jones Industrial Average shattered the 22,000 barrier last week and closed at a record high, gaining more than 1% and marking its 8th straight […]

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