Insights

Fiduciary - In law, a person in a position of authority whom the law obligates to act solely on behalf of the person he or she represents and in good faith. - The Concise Dictionary Why is this important? Because, the legal obligation to act solely in the best...

Since the general market is falling, Apple will probably fall with it, faster because it is so out of favor right now. When the market is dropping out of favor stocks get sold harder. Always have. What a complete contrast to the perception of Apple last summer! The...

Yesterday, I wrote about the falling market and why it might be falling. I think it probably has further to go and will thus be yet another consecutive year when the high for the first 9 months was hit in mid-April.

Stocks gave back yesterday's bounce from the drop Monday. Gold, which had dropped hard Friday and Monday, stayed at the low level hit Monday morning. European stocks were up in the morning but a very poor report on German car sales and rumors of a credit rating...

Between Friday and Monday, the price of gold has fallen 12.75%. Why? 1) Cyprus is considering selling some of its gold to help pay for the bailout. While that is a relatively small amount, there are worries that bigger countries like France and Spain might consider...

President Obama proposed today that no one should be able to have more in their tax-advantaged retirement accounts than what it would take to purchase an annuity paying $200K/year. Today, the savings needed to generate that is roughly $3 million. The government would...

Today is turning out to be a nice day in the markets. Indexes (or indices, if you prefer) are up 1% - 1.5% in the U.S. Not only is it fun gaining more than 1% in a day, but this is a new high for the year, after being flat for the last month. Usually, flat action that...

Things are not always what they seem, Alice. Since last Friday's unemployment rate shook people up some and is in the news, let's see if it really tells the story. Below are two charts from the Federal Bureau of Labor Statistics current website http://data.bls.gov....

The U.S. stock market had a good day, back up to the high it hit a couple times in the last ten days but no further, at least yet. This is simple consolidation and it says nothing about whether stocks will go up more or fall back. The idea that stocks move every day...

So, who cares about Cyprus, other than Russian tycoons that keep their money there? Well, any investor that cares about the health of the European Union and the value of the Euro should care. That's because it may be, and there has been some confusion on this score,...