How to lose $4 Trillion in three months? That is the loss of capital in the S&P 500 since the wave 2 high on July 27. A few more months of that punishment and pretty soon we shall be talking serious money. Google/Alphabet has been
Tag: Alphabet
This is a remarkable stock market is it not? It must be the most fragmented market in many decades – if not at all time. The next Big Thing is AI which has been getting extensive media coverage (rarely a good sign) – and is
Stocks continued along their new-found volatile tracks last week with the Dow plunging to my target at 25,200 on Monday and then recovering swiftly to a high of 25,960 on Thursday – another target I set beforehand. But if you were trading off the news,
I rarely mention politics here – mainly because most of the utterances from our glorious ‘leaders’ have a certain entertainment value, but little else for serious traders. But I just had to laugh when I came across this little gem. The State of the Union
For the last ten years, investors have been fed the line from advisors that Buy and Hold is the winning strategy. And that is why whole armies of investors – particularly newbies – have been falling over themselves buying passive index funds – and right
Yesterday’s volatile stock market action was telling. For the first time in weeks, the Dow suffered a significant fall – but then recovered. The VIX Volatility Index was likewise volatile (sharp up and then sharp down) The news items that emerged were that a former
I have been following the progress of the major US internet stocks for years – and like many old timers, have been amazed by the ‘value’ the market has placed on them. The notorious FAANG Gang (Facebook, Apple, Amazon, Netflix, Google) has gone down in
