After watching yesterday’s market plunge, followed by the 9.4% selloff in Tokyo last night, I’m thoroughly convinced that the race for the bottom is in on.
In Japan, the benchmark index dropped the most in 21 years as investors were chilled by a report in the Nikkei business daily based on unnamed sources that asserted [...]
The Market Crash of 2008 continues. I watched the carnage unfold on my market model in real time and I’ve never seen this level of panic before. Scary. The VIX touched 58 yesterday, a new all time high. It probably would’ve touched 60 if we went any lower than the lows yesterday.
Everyone at work is [...]
My friends, these are the times that try men’s souls. I believe we are starting “the race” to the bottom (or not).
“We’re seeing panic all over the markets right now,” said Javier Barrio, head of equity sales for Spanish clients at Banco BPI SA in Madrid. “Governments are taking steps to try to reduce investors’ [...]
I know this was so last week but CitiGroup is buying Wachovia’s banking business. Whether or not its a smart move remains to be seen but things *might* be turning around for this bad boy. Any glimmer of hope is welcome news to long term shareholders, like myself. What’ll make me feel really good is [...]
Here’s yesterday’s volatility spike. This could very well be the bottom, I hope! My S&P500 market timing model made a 4 STDEV move yesterday and issued the strongest BUY signal yet.
I’m very cautious these days because I’ve been averaging down and losing money. This is an extremely stupid way of investing in the short [...]
Exchange Traded Funds (ETFs) come in so many flavors these days that it’s hard to keep track of them all. I really like them because it gives the average investor exposure to different asset classes such as currencies, commodities, and emerging markets. The beauty of ETF’s is that you can usually buy them for your [...]
Say what you want about Robert Kiyosaki, the author of Rich Dad, Poor Dad, but he’s a smart man. I could help but laugh when I read this line from an interview with The Street.com (emphasis mine):
“I haven’t been this bullish in years,” says Kiyosaki. “What a buying opportunity. … The stock market goes [...]
