In the fantastically entertaining, although mostly unrealistic, modern film classic, “Wall Street,” the unforgettably unctuous villain Gordon Gecko famously made a speech where he proclaims, “Greed is good.” Today, I’ve decided to channel my inner Gecko and make a similar proclamation regarding last night’s midterm election results, and it is… “Gridlock is good.” Yes, gridlock […]
The Halloween headlines in the financial media look really scary. In fact, I’ve seen many alarming leads today telling me that the NASDAQ Composite is on pace to have its worst October since the dreaded drop of 2008. So, in the spirit of the ghosts of Halloween past (hat tip to Charles Dickens here for […]
“It’s in responsibility that most people find the meaning that sustains them through life. It’s not in happiness. It’s not in impulsive pleasure.” — Dr. Jordan B. Peterson Responsibility is a heavy burden. But for those who assume the responsibility that comes with life and overcoming its inevitable hardships, the mere admission of said responsibility […]
It is not often you see a politically savvy, likely presidential candidate shoot herself in the proverbial foot. Yet that’s exactly what Sen. Elizabeth Warren (D-Mass.) did this week, and you might say she did so with a fake Indian arrow. Sen. Warren, who is widely seen as one of the front-runners for the 2020 […]
Stocks got downright ugly on Wednesday. So much so that going into the final half hour, the Dow Jones Industrial Average had plunged some 720 points, or more than 2.7%. What makes today’s sell-off more uncomfortable and potentially worrisome going forward is that it comes after more than a week of strong selling, and one […]
Successful Investing is Jim Woods’ flagship investment advisory service. For almost 40 years, its proprietary approach (called the Fabian Plan in honor of founders, Doug and Dick Fabian) has determined whether the market’s flashing “buy” or “sell.” When it’s time to buy, Jim tells you which stocks and ETFs offer the best potential and least risk. When it’s time to sell, he tells you exactly when to get out. In almost four decades, Successful Investing has called just about every major market plunge.
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I don’t know about you, but to me it just didn’t feel like we had the best quarter for stocks since 2013. I say that because throughout the third quarter, there has been a waft of uncertainty over Wall Street and Washington that’s served to somewhat obscure the evidence of just how strong stocks have […]
Want to achieve more in life? For most of us, the answer is yes. Yet, also for most of us, the idea of achieving more comes with the corollary notion that we are going to have to do a lot more, put in more hours, work harder and generally take on more and more tasks […]
“Quick, check out the Joe Rogan Podcast on YouTube. Elon Musk is smoking a pot!” That’s the frantic text I got from an investor friend of mine who knows I’m a fan of both podcaster, comedian and UFC commentator Joe Rogan and Tesla Motors (NASDAQ:TSLA), SpaceX and The Boring Company founder and CEO Elon Musk. […]
As someone with an obsessive penchant for good song lyrics, the first thing that popped into my mind when I thought of the 10-year anniversary of the September 2008 market meltdown was lyrics from the Led Zeppelin classic, “Ten Years Gone”: Then as it was, then again it will be And though the course may […]
In the investment business, Labor Day is traditionally the unofficial end of summer and the start of the sprint into the year’s end. This year, things are no different. As we began the week, we also stepped into the final third of the year for markets. And as things sit here, the S&P 500 is […]