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Market Letter

Dark Clouds and Silver Linings

Posted on August 24, 2020

Dark Clouds and Silver Linings Every twenty years or so, the stock market goes through a purging much like we are seeing today. It is difficult to predict because the timing of these events is so irregular. The last one was in 1987, and the one previous occurred in 1974. This type of washout […]

January 9th, 2007

Posted on August 24, 2020

January 9th, 2007 When a popular index like the Dow Industrials pushes to new high, a lot of investors appear enormously pleased. Making money in the market seems like a piece of cake. The formula is remarkable simple: buy a few stocks with popular names and hang on to them. Broadcasters like CNBC tend […]

November 16, 2005

Posted on August 24, 2020

November 16, 2005 “I wanted the gold and I sought it, I scrabbled and mucked like a slave Was it famine or scurvy I fought it, I hurled my youth into a grave. I wanted the gold and I got it, Came out with a fortune last fall, yet somehow life’s not what I thought […]

January 9, 2003

Posted on August 24, 2020

January 9, 2003 Picking up my Investor’s Business Daily from the driveway on the morning of January 1st, I was greeted with the following front-page, bold print statement, “Worst Bear in 71 Years.” Happy New Year to you too, IBD! The emotional impact of reading this sort of headline engenders within all of us […]

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