This is the definition of a narrow market – as outlined in Barron’s: And to be a winner in this year’s equity market, you had to be in the FAANG stocks—the quartet of Facebook (FB), Amazon.com (AMZN), Netflix (NFLX), and Google parent Alphabet ( GOOG), plus old-tech leader Apple (AAPL). As the Nasdaq Composite surpassed
“The best bargains are not stocks whose prices are down the most, but rather those stocks having the lowest prices in relation to possible earning power of future years.” ~Sir John Templeton, October 1957 Stay Tuned, Disciplined & Patient! {TJM} Disclosure Please remember that past performance may not be indicative of future results. Different types
The U.S. Makes It Easy for Parents to Get College Loans—Repaying Them Is Another Story Student loans made through parents come from an Education Department program called Parent Plus, which has loans outstanding to more than three million Americans. The problem is the government asks almost nothing about its borrowers’ incomes, existing debts, savings, credit
“That said, the top will be the top, and it’s hard to predict when it will happen.” ~David Einhorn Michael O’Rourke of Jones Trading reminds us that for every single percentage point reduction in the corporate tax cut, the government has to come up with $120 billion in revenue . It took less than 2
In his excellent book, How We Got to Now, Steven Johnson discusses six innovations that shaped the modern world. The one that surprised me the most was glass. It’s likely that glass was created millions of years ago when a comet struck the planet and created enough heat to create a chemical reaction that turned