A Date That Will Live In Infamy

I've stolen that sentence from Franklin D. Roosevelt to commemorate today's date, October 19th. To those who have been long time participants in the stock markets, that day in 1987 was the single most traumatic experience in their lives, even as ensuing selloffs in the years since have arguably been as dramatic. At that time … Continue reading A Date That Will Live In Infamy

‘A Bubblin’ Crude

There's an old saying that Generals are always fighting the last war.  In similar fashion, many stock market participants do the same thing.  Since the great market swoon in December of last year, market pundits on video and print media obsess about the return to the new lows, or at least a test thereof.  The … Continue reading ‘A Bubblin’ Crude

Pearls In The Panic

During this most recent dramatic sell off in the US equity markets, many heretofore invulnerable stocks were finally subject to some deserved profit taking.  The cluster of dominant market stocks collectively referred to as the "FAANG" stocks, Facebook, Apple, Amazon, Netflix and Google, all sold off, some in the order of 20%, signifying to many, … Continue reading Pearls In The Panic