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I imagine you are weary of the cumulative effects of the quarantine – the virus itself, the economic devastation and uncertainty, and the political infighting. Altogether, they’re enough to make us crazy. However, I am always optimistic and expect things will change for the better soon. Economically, the Covid-19 virus and resulting lockdown have created [...]
If you happened across a news show or website today, you likely saw breaking news about oil prices crashing. Here are a few that I saw today: Oil crashes….price goes negative (CNN) Oil prices plummet (New York Times) Oil drops below $0, signaling an extreme collapse in demand (Washington Post) Barrel prices plunge to below zero as coronavirus [...]
The first quarter of 2020 is officially behind us, and it will go down in the record books as one of the most volatile and worst quarters for US equities in history. Luckily, we had begun taking some profits off the table in January in anticipation of normal, broader profit taking in February after a [...]
Yesterday marked the beginning of earnings season for the January/March 2020 quarter. Such backward-looking data does not tell us much about what is happening now or what may happen in the coming months, but we can glean bits of information about the health of corporate America. Below are several bullet points – things you can [...]
It’s been quite the ride so far this year, and we are pleased to say that our Fidelity accounts have generally performed very well as compared to the equity benchmarks. In March, the Dow Jones Index had the 3 biggest daily drops AND the 5 biggest daily gains on record. On March 30th the Bullish [...]
