Yes the stock market can go down and on back-to-back days! Even this recent parabolic move higher needs to take a breather. Here are the Stats of the Day: First 1% drop in 112 days. This ties for the longest stretch since 1985. First back-to-back losses of 2018 for S&P 500. This is the 2nd
In January alone, Bitcoin lost as much in market cap as the entire value of Ford (F). It is currently estimated that 4% of Bitcoin owners own 95% of all Bitcoin. So, even if estimates are true that 1 in 20 Americans have exposure to Bitcoin, the asset getting cut from a $400 billion to
The amount of income leaving CT and NY is roughly double the amount of people leaving the state, according to AEI. For example, while net migration in 2016 was negative to the tune of -0.80% in CT, the % of AGI (adjusted gross income) leaving the state was -1.8%. In short, the tax base is
As you can see in the chart below, in the last 100 years the red highlights the amount of time the CAPE ratio (Cyclically Adjusted Price Earnings ratio) is ABOVE current levels. Exactly – not often. That was during the Technology Bubble and it stayed elevated for years. Stay Tuned, Disciplined & Patient! {TJM}
…During this parabolic move higher. Consider that in the 18 trading days this year, the S&P 500 has fallen just four times. “Nobody ever lost money taking a profit.” ~Bernard Baruch Stay Tuned, Disciplined & Patient! {TJM} ICE – Investor & Character Equation | S + R = O Disclosure Please remember that