By Frank Fahey “Risk is like fire: If controlled it will help you; if uncontrolled it will rise up and destroy you.” Theodore Roosevelt Have the summer doldrums started a month earlier than usual? Investor sentiment has reached levels of neutral feelings about the market – approaching 50%. The normal…
By Steve Papale I used to hate hockey. The game seemed boring to me – not enough scoring. Just guys chasing the puck around. I admit the fights were interesting. Now however I must admit I have become a fan. Partly due to the success of the Chicago Blackhawks and…
By Frank Fahey “People who don’t take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.” Peter F. Drucker My positions are the smallest they have been in months. I am out of most of my June…
By Steve Papale In honor of Memorial Day this Monday I have one fact to pass along. The Star Spangled Banner was written by Francis Scott Key during the War of 1812. He witness the shelling of Ft. McHenry, which defended Baltimore. The next morning he saw the flag still…
By Frank Fahey “The financial markets generally are unpredictable. So that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” – George Soros The S&P 500 eked out another new high. The market’s approach…
By Steve Papale My first job when I was 16 was at McDonald’s. Like 1 out of 8 Americans I worked there at some point in my life. Fast forward nearly half a century and to me McDonald’s looks and tastes pretty much the same. I guess that’s a big…
By Frank Fahey It was a volatile week. Janet Yellen issued a comment at the beginning of the week warning about lofty stock market valuations. This warning led to an immediate sell-off. The major indexes looked like they were on their way to taking a standing eight count. Weaker than…
By Frank Fahey It was an exciting week. After weeks of preparation, OptionVue switched to a new provider for price feeds. The upgrade definitely improved the speed and responsiveness of OptionVue7. The biggest excitement of the week came from Steve Lentz’ Friday debut as an amateur boxer. The Chicago Tribune’s…
By Steve Papale $141K. That’s how much the top seat at the Mayweather/Pacquiao will set you back. Now last I heard the seat has not sold for that but that was the asking price. I’m not a boxing fan and don’t follow the sport but this fight is getting a…
By Frank Fahey The NASDAQ Composite and the NDX reached all-time highs last week. The NASDAQ Composite surpassed its March 2000 of 5.048 by closing on Friday at 5,092 – a weekly gain of 3.3%. The NASDAQ 100 gained 5.6% for the week. The rest of the broad based indexes…
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