Articles

A cynical investor might look at a Special Purpose Acquisition Company with disdain. Here is what a cynic might say: “So, you’re telling me a SPAC:

• Makes no products;
• Does not sell anything; and
• Is called a blank-check company?

Why do such entities even exist?”

Well, all of the above i...

You might find it hard to believe that the very first “Top Ten List” from David Letterman’s Late Night show appeared on September 18, 1985. In fact, the topic of the first “Top 10 List” was the catchy “Top Ten Words That Almost Rhyme With Peas.”

You might also be surprised to learn that in 1985, t...

It is only natural that investors would want to find some way to sit out bear markets and get back just in time for the next bull run. The belief that you can foresee the direction of the stock market is a seductive one.

Some investors are confident that they can time it perfectly and snap up equ...

U.S. stock markets continue to trend up as optimism returns to Wall Street while Main Street USA continues to reopen. Yes, there is plenty of social unrest around the country, geopolitical tensions with China are increasing and horribly negative economic data continues to be released almost daily, b...

Investors have been whipsawed during late February and early March. Consider the performance of the Dow Jones Industrial Average from February 27th through March 11th of 2020. Investors saw:

• The three largest-one-day-losses in history – February 27th, March 9th and March 11th
• The three largest-o...

In three trading days, the DJIA recorded its biggest one-day point gain and its biggest one-day point loss in its 125-year history.

That’s volatility.

Thursday Was Ugly

By the time the final bell tolled on Thursday, February 27th, stunned investors saw that:

• The DJIA gave back 1,190 points a...