Market Chop Before The Drop…
Watch Out for the Land Mines! If there’s one word that would sum up today’s financial market conditions, it would be indecisive. Large-cap stocks have been chopping around – one day up, the next day coughing up the gains – as traders weigh a slew of problems and...
What’s Better Than Contrarian Investing? Try Independent Investing
You may have heard about the “madness of the crowds” and the idea that 90% of amateur investors are on the wrong side of the trade at any given moment. There’s certainly some merit to that idea, but contrarianism can be taken too far and this can inhibit your...
Not Out of the Woods Yet: Stocks, Bitcoin, and Gold Markets in Reaction Mode!
As usual, applying linear, common-sense logic to the financial markets will only fray your sanity. At any given moment, bad news can be good or bad for stocks and other assets. The only way to make sense of it all is to apply Charlie Munger’s principle: “show me the...
Warning: September Is the Worst Month for Large-Cap Stocks
Seasonality patterns don’t always play out, but they’re a useful guide for investors generally. After all, the immediate future may be hard to predict, but at least we have data from the past to help us know when to scale in and when to scale back. September is the...