It certainly has been a wild year in the stock market so far, and the breakneck speed of Wall Street’s recovery from the April lows has likely left some investors feeling like they missed the opportunity to put money to work. Fortunately, when it comes to long-term investing, there is always another opportunity. While we…
Short and sweet: That was this week’s stock market in a nutshell. The second half of the year kicked off in record style, with both the S & P 500 and the Nasdaq closing at multiple all-time highs, including in Thursday’s holiday-shortened session. The U.S. stock market is closed on Friday for the Fourth of…
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by…
It was another exciting week on Wall Street as the S & P 500 and Nasdaq each closed Friday at new record highs. Incredible as that was, this week could have easily gone another way. Last Saturday, the world learned that the U.S. had entered the Israel-Iran conflict, dropping several massive bunker busters on Fordo, Iran’s…
Apple is one of the greatest stock buyback stories in history. It’s time to cut it. We have long been fans of Apple’s repurchase plans in addition to the margin expansion attributable to strong services sales. The combination has supported earnings growth even when overall sales stalled. However, with shares down nearly 20% year to…
He bombed. Two words and the world went akilter. We get that. Visions blind us: a blocked Strait of Hormuz; $100 per barrel oil; a de-stabilized Iran and mullah revenge; our troops in harm’s way; and no end to Israel-Iran missile volleys. Monday’s reaction in the market? Always the same. Big institutions sell stocks, which…
It’s been a tense and dynamic week for the world at large. The market action on Wall Street over the past four sessions was been anything but that. For the week, the S & P 500 lost 0.15%, the tech-heavy Nasdaq ticked up 0.21%, and the Dow Jones Industrial Average was basically flat, up a…