This is by far the worst post election stock market in history. The good news is it finally looks like everyone is running for the doors.
Panic? Not really, not yet.
Will there be panic? I don’t think so. I think much of what is happening has little to do with panic selling. Much of the sell [...]
Unless, you believe the economy is going to crash, our government is going to fall and anarchy is going to reign across the land. But, if you believe that, what are you going to do with the proceeds of your liquidation?
If you sell out at this point, you are selling out near the lows. I [...]
Continue reading about If You Didn’t Liquidate MONTHS Ago, Now is NOT the Time to do so
Yes, actually I am being facetious.
After the House failed to pass the bailout yesterday the DOW took a 777 point tumble. Today, it regained 485 points. Yes, it is still down…
But, the world financial markets did not crash.
Many argue the market is “holding on” because everyone knows a bill will be passed later this week.
Probably. [...]
Continue reading about Wait, You Mean The Financial Markets Didn’t Crash?
More than a month ago, Microsoft said they were withdrawing from their bid to buy Yahoo. At that time, I made some predictions of the fallout. Then both Microsoft and Yahoo said they were still “talking” and Carl Ichan stepped in and said he intended to initiate a proxy fight for the board of directors [...]
Now that Microsoft has withdrawn their offer to buy Yahoo, the stock will drop like a rock.
A few things are likely to happen…
Shareholders who bought after the Microsoft announcement are likely to sue.
Shareholders who owned before the Microsoft announcement and did not sell in anticipation of the deal are likely to sue.
Yahoo’s market capitalization will [...]
I am a long term investor. When I buy a stock it is because it is on sale and represents a great value. Which, by the way, is the same approach I take to real estate investing.
But, even though I am a buy and hold stock investor, I am an options trader.
Well, sort of. Let [...]
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