I think the answer to that question is always yes…but the real question is: which ones? I’m not a big fan of chasing new highs so sometimes you have to dig deep to find good value. I bought stock in a new company last week – Equinix (EQIX). They’re an owner/operator of large data centers…
The Investment Markets in 2014
2013 was certainly an eventful year both politically and economically and I think 2014 will prove to be just as interesting. The biggest concern I see over the next year is the amount of civil unrest that is building. For some reason governments think corruption and higher taxes will go unnoticed… In 2013, we saw…
Are Stocks Fairly Valued?
I’ve noticed lately that way too many investment managers, analysts and economists interviewed by the financial media are saying the same exact thing: they think that stocks are fairly valued with the P/E ratio of the S&P 500 right at its historical average. Why is it that it seems people just regurgitate the same stuff everyone…
The Little Market That Could…
This stock market continues to chug along, like the little engine that could. This has been the most resilient market since the 1990’s, showing just how much money is trying to work its way into stocks. This is forcing people to buy on the shallowest of dips. The market action this week tells me there’s…
Why the Dow Will Go Up Forever
Today, S&P Dow Jones Indices announced that they’re swapping out three companies from the Dow Jones Industrial Average Index (DJIA) – “The Dow” that everyone talks about so often when referring to the US stock market. The DJIA is an index of only 30 stocks. It’s price weighted meaning a $50 stock has a larger…
Stock Market Update (Video) – Stocks Losing Momentum
A quick video this week looking at the US stock market and how the past may give us some clues as to what lies ahead: I hope everyone has a great Labor Day weekend! -Nick
Stocks
We’re sitting right under the line in the sand. It will be a good sign if the S&P 500 can break above the last pivot high on June 18th of 1654.19. Today’s high was…1654.18!! The Dow Industrial Average also fell short by 20 points of clearing. Until we clear these levels the short-term correction is…