The Madness of Crowds

Anyone who has actively participated in stock markets over the decades has observed a multitude of manic, euphoric advancing phases but also periods of steep, devastating declines as well. The ebbs and flows of the market, while varied in their intensity and duration have always managed to eventually move higher.  When things are good, there's … Continue reading The Madness of Crowds

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