President Reagan On The ’87 Stock Market Crash
We are reposting this piece. History rhymes. The U.S. was in the midst of conflict with Iran during the 1987 crash as we are today. The Fed tried to stem the selling today and who knows what would...
View ArticleClassic Bear Market Bounce
Big move today in stocks with the S&P500 closing up 7.03 percent. We are so glad we are out of the market. We believe stocks are now in phase two of a vicious bear market, where after the initial...
View ArticleCue The Economic Recovery
Summary The Russell 2000’s relative performance is now sniffing out the economic recovery, which will be reflected in a record Q3 GDP print, a bounce from the record first-half economic collapse It is...
View ArticleTOTD: Valuations Matter
TOTD – Treat of the Day Microsoft was a great company in 1999. $MSFT was still a great company in 2017 – it would take you 18 years for you to break even if you bought it in 1999. Valuation, the price...
View ArticleHas Netflix Peaked?
Our crack stock picker, Coach Carol, thinks the probability favors the affirmative. Personally, I think Netflix, the service, is…rhymes with rap. The attraction of most of these streaming services,...
View ArticleTwo Stocks To Watch After Monday’s Long Red Candlesticks
Here are the two stocks we are watching after last Monday’s big reversals and long red candlesticks. Tesla (TSLA) and Netflix (NFLX) have been the highest fliers in the bull market. Both are...
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
By Liam McPherson The following exchange took place between President Reagan and reporters after the market close on Black Monday, October 19, 1987. Leaving to visit the First Lady in the hospital,...
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
#CKStrong Originally Posted October 19, 2020 By Liam McPherson The following exchange took place between President Reagan and reporters after the market close on Black Monday, October 19, 1987....
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
Whoops, should have reposted this last night. Better late than never. Didn’t hear one mention in the FinMedia about today being the 35th year anniversary of the Great Crash of 1987 Originally Posted...
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
Wondering if the FinMedia will mention one thing about today being the 36th year anniversary of the Great Crash of 1987 Originally Posted October 19, 2020 By Liam McPherson The following exchange took...
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