Typically, I don’t pay attention to stock market maxims; in fact, these phrases are one of my biggest pet peeves. But the adage of “don’t fight the Fed” is one that I do pay close attention to, especially right now….
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I wrote an article several weeks ago pointing to the IPO of SNAP (snapchat) as an indication of how this market was eerily similar to the stock market near the end of 1999. You may also know that I believe…
Did we seriously just have a high flying tech stock IPO at $17 and immediately rally 50% (Snapchat – http://www.cnbc.com/2017/03/02/snapchat-snap-open-trading-price-stock-ipo-first-day.html)? Do we really have a market where investors are dying to buy a new tech company with no earnings? Are…
Over the years one of the biggest mistakes I see investors make is thinking that missing a rally in the stock market equates to losing money. As a portfolio manager for over 25 years, I can tell you many professionals…
