New Stock Market Terms
CEO –Chief Embezzlement Officer. CFO– Corporate Fraud Officer. BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. VALUE INVESTING — The [...]
What Happens Next After 900 Point Rally
Bulls: Treasuries will do everything they can to jump-start bank lending. The government is now providing capital to and insuring the debt of these banks, so their solvency is no longer in question. This means we have bottomed and up we go. Bears: We have a long way to go from the bottom, this was [...]
A Bear Market History
Last Friday’s rollercoaster action, with the Dow Industrials swinging wildly from negative to positive, and back down again to end the day down 128 points, capped off one of the worst weeks in U.S. stock market history. That gave the blue chips an 8-day loss of just under 2,400 – or 22.1%. To put it [...]