Mike W

Investing on Assumptions Instead of Facts

Another monotonous week, eh? Sometimes this can all seem a bit repetitive. But rest assured that the calendar will fix that for us shortly as those who "Sell in May" return to the market at higher prices. For...

How a Black Swan Loses its Colour

Any US Federal Reserve chatter is good for a headline, regardless if it’s about action or inaction. The latest and most popular angel seems to be that "we have entered no man's land for the markets" with a...

There Are No Short Sellers on the Long-Term Rich List

Sometimes taking a break from stats and figures pays dividends, particularly when it involves absorbing some old school advice from arguably the greatest investor in history, Warren Buffett. I’ve included a few excerpts from Warren’s recent NYC event...

The Inflation Ghost

The US Federal Reserve just doesn't seem to get it. The experts have missed it too. And most of the financial talking heads are almost always behind the eight-ball. So what is it that they miss? Simples: Inflation...

All the Bogus Bogeymen

The markets can be a stealthy monster. At times they seem to just be waiting to scare the crap out of you. In fact, so much so that folks feel washed over with certainty that they must take...

Did You Miss the Market Correction?

For the final few weeks of August here are a couple of thoughts: It’s slow There’s no volume There are no buyers, and The 3rd string team is manning the trading desks. The bad headlines hit and the...

Blinded By the Light?

Webster’s Dictionary defines the word “Doldrums” as: A spell of listlessness or despondency; a part of the ocean near the equator abounding in calms, squalls, and light shifting winds, and; a state or period of inactivity, stagnation, or...

If That’s The Way It Goes, Which Way Are You Headed?

Even though it’s August (and things should be boring) it somehow feels like the world is ending. Blood pressures are up, stress is rising and even the more strong-willed out there seem to be letting those ugly little...

And The Beats Go On

Here’s what a lot of folks out there just don’t understand. From Zacks Charts: The first chart above highlights the blended beat rates. The second chart highlights the new-all-time high in quarterly earnings. The next three quarters are...

The Market’s $2 Billion per week Habit

In a recent WSJ interview, Mark Hulbert, an expert at watching sentiment trends in the investing arena, was quoted on this new passive investing movement: There it is, that thing we don't talk about at cocktail parties. The...