With U.S. stocks nearly 2 percent overvalued, investors are worried that markets will see another correction, says Hugh Jackson, Chairman of Hugh Johnson Advisors.
If you wondered what spurred such hasty sell-off yesterday, we may have an answer to it. According to Wall Street Journal a “$10.6 billion BlueCrest Capital Management LLP, one of Europe’s largest hedge-funds (and best known for its credit market expertise), laid off several stock traders in the U.S. Thursday and began liquidating their investments, Continue reading →
Another trading week is over and we can review our accounts and see how we were doing and how our investments performed. The last week was volatile as many investors were nervous about the Fed and its policy. On Wednesday we were expecting what Janet Yellen would come up with in regards to interest rates Continue reading →
Today trading started promising in the morning, but afternoon turned sour. Once again we see panic and nervousness returning to the pit. Today, markets lost ground and sold off. Nothing dramatic yet, but we could see an easement. What pushed stocks down? Among those companies which were dragging S&P 500 down were energy stocks (and Continue reading →
Politically incorrect post. It seemed today, in the morning, that the stock market finally found some ground and started consolidating. To cool down bulls’ enthusiasm, afternoon trading renewed selling due to the renewed worries about Russian aggression against Ukraine. I do not understand much how Russian tension can affect global markets so much that investors Continue reading →
When I was a kid I always dreamed of a life of trader. When I was 15 I dreamed of having money working for me and not me working for it. At that time I didn’t have means to fulfill my dream. Today, it seems I can reach that dream. Trading makes me Continue reading →
My portfolio is normally correlated with the market. When the market goes down, my stocks go down too. When the market goes up, my stocks go up too. Today I experienced a total opposite behavior. The market went down (except the beginning and end of trading, but all my stocks went up: Is this a Continue reading →