Aug. 9 marked the low point of our recent sell-off. During the trading day, the S&P 500 hit a low of 1,101. It represented a drop of 18% in a little more than two weeks. On that same day, in the middle of the sell-off, I bought… Read More
Results
Think about your family and friends. How many of them have recently bought traditional computers and how many have bought tablets such as Apple’s (Nasdaq: AAPL) iPad? While many tech users (especially at companies) will still need to the horsepower of a good old-fashioned computer, tablets are… Read More
Washington has a mess on its hands. To close the budget gap and start paying down the nearly $15 trillion in debt we’ve already incurred, legislators will have to make some very tough choices regarding which programs to cut. Defense, education, transportation, social security, homeland security —… Read More
Anytime Bill Gates snaps up a stock like there’s no tomorrow, investors should pay attention. Gates, since retiring from… Read More
The markets, which had looked to be edging back toward historical valuation levels, closed down nearly 2.5% across the board Friday, Sept. 2 on poor jobs data, and I don’t mean Steve. The Labor Department… Read More
It’s so important to maintain watch lists of your favorite stocks. Even after they’ve had a great run, it pays to make sure you check in from time to time to see how they’re doing. And with the stock market zooming and plunging during the past few years, these stocks… Read More
My phone is an old Nokia about the size of a small brick. It doesn’t take pictures, tell me the weather or connect to the Internet. That’s the way I like it. #-ad_banner-#In a world that has grown increasingly complex, I feel like a… Read More
Many investors and traders have had their hands up in the during the past few weeks. The market has been whipsawing back and forth with great intensity. The Dow Jones Industrial Average is down more than 4.4% during the past month. Aside from a dozen… Read More
Following the stock market in August was simply exhausting. The S&P 500 entered the month with a six-session losing streak at 1,293 and then managed to fall another 14% by August 8 to 1,119. A few more neck-snapping moves after that, and we’re now back up above the 1,200 mark… Read More
Defense contractors have taken a major beating in the market this year, and many defense stocks currently sport price-to-earnings (P/E) ratios near five-year lows. Share prices have declined because of fears surrounding potential defense spending cuts. With the wars in Iraq and Afghanistan winding down, President Obama has proposed… Read More