Quote of the Day

As you've gathered, our chief aim herein is to help our readers/clients keep the day-to-day world of markets in proper perspective, and to keep their eyes on the long-term ball.

Quote of the Day

I can virtually assure you, any ad for a sure fire investing/trading system isn't worth the cost of whatever medium utilized to bring it to you (in the olden days we said "the paper it's printed on").

This Week's Message: What Motivates the Seers

RBC's guy feels very good about the market these days:              emphasis mine...

(Bloomberg) -- Risk assets should continue higher amid an economy that’s in good shape, barring “some exogenous event,” and “bearish arguments appear to be increasingly contrived,” RBC strategists led by Jonathan Golub write in a note. * Drivers of market upside include: synchronized global pickup, easier lending conditions, improving consumer situation, renormalization of rates and corporate profits.....

And, clearly, he's in no mood for dissenting opinions.

Four Types of Investments -- AND -- This Week's Video

I play a lot of basketball, and, as my son and the dudes I play with will attest, I like to attempt three-pointers. In that success enhances the enjoyment of virtually any endeavor, I knew from the start (my late start [not surpassing the 5'5" mark till after highschool and, thus, being a wrestler during my formative years]) that if I was to score enough to justify my itchy trigger finger, I had to learn good shooting fundamentals. While I'm fully aware that 100% from the field is infinitely beyond my reach, I know that if I can stay in rhythm, if my form is sound and if I practice good shot selection, my odds of maintaining a respectable enough percentage to keep me from being the lowly last pick come time to select the teams increase dramatically.

America: A Talent Magnet!

Edward O. Thorp, one of history's great investors, has lived a fascinating life! While nearing the end of his amazing, and instructive, autobiography A Man For All Markets, I found myself pondering the heightened nationalist sentiment that (recent French election notwithstanding) seems to be gaining traction throughout the developed world.

This Week's Message: The Cure Can Hurt a Little - OR - The Unavoidable Fact - OR - They Come and They Go

I sense a little hesitation among some clients these days -- that is, a hesitant feeling about global markets. This, frankly, I welcome, especially during a bull market. It speaks to our clients' understanding that stock prices forever fluctuate. It says that they're not the typical bleary-eyed individual investors who tend to embrace the prevailing emotion of the crowd.

Bonus Video: This Morning's Selloff and Past Presidential "Panics"

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