Now that’s what I call a bounce. After correcting nearly 7% from the start of the year, the S&P 500 came back with a vengeance. Buying into the dip (“Nibbling into The Correction”) definitely paid off as the portfolio is now up 4% for the year while the S&P is still down about a percent….
Is everyone seeing what I’m seeing? This dip was almost too easy to buy into. Now regretting it was only a nibble (added 5k in UPRO and rebalanced weed stocks in the portfolio after a huge run).
Since the legalization of marijuana in Colorado, I have been thinking of the ways I can profit on the historical announcement. You can buy a dispensary, grow the plant yourself, or buy a Papa John’s franchise (Peyton Manning did recently. Was he anticipating higher demand from stoners who have the munchies?) Or, like I always tell my…
Is a 7% pullback enough for the market after being up 29% the year before? I’m not sure, but I am buying the dip. Here’s why: I, like others, have been piling cash on the sidelines waiting for the correction. Now, it has come, but only by 7%; we need another 3%…right? Wrong. I, like…
If the correction is over, buy stocks that will benefit from an expanding economy and rising interest rates (financials, industrials, & other various cyclical companies). Aero-space/defense stocks (cyclicals) have been on a tear lately from lower fuel costs and restructuring measures (which have completely turned around the airliners). A rising tide raises all ships, so…
3-D printing stocks were real winners in 2013. My Dad got in on DDD at 49 last year and ended up selling out at 89, taking nearly a 100% gain. Not too shabby considering he sat out of the market the entire year, except for that one play. We have all heard about the capabilities…
If you were expecting stocks to just pick up where they left off (from last year), you probably lost some money in January. Subscribers, apologies for the slight reprieve I had to take. It is important that you take time away from the markets every once in a while, clear your head. Now, markets were down…
Ahhh, the year that was 2013. The S&P 500 made people small fortunes, rising nearly 30%. Our performance was noteworthy as well. We got a 34% return, easily outperforming the S&P 500. So, did it carry over into 2014? To the untrained eye, no it didn’t. The Dow Jones sank more than 100 points out of…
Stocks are finishing the year strong. Can they continue this current rally? Fund managers are chasing performance into the end of the year as well as bullish retail investors. Personally, I believe that 2014 is poised to be another good one. 75% of the time, good years follow great years in the stock market….
I have always welcomed intervention from the Fed. But, as much as I would like for them to stick around, (to make sure we don’t repeat the mistakes of Japan and Britain, in particular) the Fed insists that the U.S. economy is recovering at a healthy rate and is therefore backing away (tapering) from their 85 billion a month bond-buying program….
Portfolio Reaches $400,000 Despite Worst Bear Market in DecadesAugust 1, 2022Portfolio Reaches $300,000 Mark On Change Of Investment ApproachAugust 31, 2021
Portfolio Surpasses $200,000 From Post-Covid InvestmentsMarch 1, 2021
Liking Facebook’s Stock ($FB)July 12, 2014
Buying Copper & Gold Giant ($FCX)July 6, 2014
Target Nails Bullseye ($TGT)June 26, 2014
Buying Cheniere Energy ($LNG)June 4, 2014
Apple Wants Beats Audio ($AAPL)May 28, 2014
Buying Calls On 3-D Systems ($DDD)May 27, 2014Really Liking Facebook Shares ($FB)May 25, 2014
