It has been an amazing thing to watch as crude oil has dropped from $147ish to under $60 per barrel. We chose to close out our DUG position for a nice profit, although admittedly too soon. But the recent drop in oil, coupled with the shellacking that the companies within...
There is real concern these days that many people who were planning on retiring will have to postpone that idea for a few more years or perhaps indefinitely. That brings up a whole host of problems that will probably show up in unexpected ways. For one, as these “senior” workers...
As I was thinking about all that is going on, I cobbled together a summary of the market madness inspired by a list of Bruce Springsteen’s songs. I am even thinking of writing him in as my choice for President since I am having a very difficult time deciding who...
A few of the more important reading items and links for October 29th :
Stocks Take Big Leap as Investors Await Fed – The case for more rate cuts strengthened Tuesday, with new reports showing the economy deteriorating sharply.
Big is better with oil – investors need to focus less on...
How much confidence do you have in your mutual funds? If you are like most, you are looking at your statements – at least the ones that you dare to open – differently than ever before. That is probably because you thought that you had a good level of...
