The market during August was down somewhat. Despite various news items sending the market up and down, in the end the market was only down in August about 450 points. That number of points is not insignificant, but to keep … Continue reading
July was a very flat month. The Dow Jones is up approximately half a percent, which is insignificant. In today’s newsletter, we will discuss 2 things about the stock market. 1. Its value to you and 2. Its purpose to … Continue reading
May was a poor month for the markets. All indexes and your portfolios are down. The prior month April was very good. The market fluctuates a lot. It is hard to read much sense into it on a short-term basis. … Continue reading
It was a great month. All of you made a lot of money. It was also a great year to date. Many of the indexes are now at all time highs. Remembering back to how this last December looked, with … Continue reading
The market went up over 730 points in February. It is a very nice result and it means that most of you made money. A real question is why it went up so much. We don’t recall any significantly good … Continue reading
This month and quarter were very poor. The markets were substantially down not just in the US but also worldwide. The result was painful losses in your portfolios. We believe these losses will reverse into gains for you but cannot … Continue reading
This month almost all of you are down a little. This quarter, you are all up a little. Both small amounts. It occurred to me that I have not explained my beliefs correctly on stocks versus mutual funds. The misconception … Continue reading
Despite the drama this month, despite who said what stupid thing, despite the international crisis because of the trade and tariff battles, all of you had a great month. The Dow is just below its all-time high. The S&P and … Continue reading
All of you had a great month. Portfolios have recovered all past upsets and are at the highest point for the year. In fact, highest point ever. Obviously, this rally will not last forever. At some point there will be … Continue reading
The market this month was essentially flat. For the quarter, it was way better than flat. Almost all of you show nice profits. The exceptions concern some clients who just started and some clients with concentrated stock positions that went … Continue reading