By Frank Fahey “We simply attempt to be fearful when others are greedy, and to be greedy when others are fearful.” Warren Buffett A comparison of this week’s closing prices compared to the closing prices of the previous week masks the underlying chaos of the trading week. A review of…
By Steve Papale Now I’m an animal lover. We have had dogs and a few cats (those belong to my kids) and even a couple hamsters (not sure what ever happened to them). But here’s one about a guy who really loves his…goldfish. It seems he recently paid $500 for…
By Frank Fahey “It seems that the necessary thing to do is not to fear mistakes, to plunge in, to do the best that one can, hoping to learn enough from blunders to correct them eventually.” Abraham Maslow US markets were closed on Friday in honor of Independence Day. The…
By Steve Papale Tomorrow US markets are closed in observation of Independence Day. In the spirit of being a full service education provider, I have one trivia question to offer up today. The smallest park in the world is located in Portland, OR. Question- True or False? The total size…
By Frank Fahey “It is hard to make predictions, especially about the future.” – Yogi The major indexes continue to show minimal movement, The NASDAQ composite set two new closing highs earlier in the week. The NASDAQ Composite Index closed at a record high on Thursday. Two US Supreme Court…
By Steve Papale Last March Baltimore Raven’s lineman John Urschel co authored an academic article titled, “A Cascadic Multigrid Algorithm for Computing the Fiedler Vector of Graph Laplacians” in the Journal of Computational Mathematics. Wonder how he did on his Wonderlic test? LEAPS or Long Term Equity Participation Securities are…
By Frank Fahey “It is hard to make predictions, especially about the future.” – Yogi Berra The major indexes showed little change from the previous week’s close. The NASDAQ Composite Index closed at a record high on Thursday. Wednesday’s announcement by the Fed left the impression that an interest rate…
By Steve Papale They say the Stanley Cup is the most coveted trophy in sports. I am not sure about that but what I do know is the winners of the Stanley Cup get do things they don’t do in other sports. This week after the Chicago Blackhawks won the…
By Frank Fahey We want to perceive ourselves as winners, but successful traders are always focusing on their losses” – Peter Borish The major indexes showed little change from the previous week’s close. The economic news was a mixed bag. The IMF walked away from bailout talks with Greece, Chinese…
By Frank Fahey “Risk comes from not knowing what you`re doing.” Warren Buffett Reports which were released last week showed job and wage gains. These gains signaled a strengthening economy and a growing GDP. Despite strengthening economic data, the major trading indexes, with the exception of the Russell 2000, traded…
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