Search

For a bear market to turn itself around, a vast majority of investors must get discouraged and sell out.

I wrote to you a few months ago about our venture into video. Today, I’m presenting you with Cabot’s very first weekly stock market review with Michael Cintolo.

The reality today is that you are being forced to take more and more responsibility for your own investing and retirement planning.

A letter from the desk of President & Publisher Ed Coburn covering the current economic data and what it means for investors.

“Tim, Thank you for finding Tesla stock when it was relatively unknown—that’s what allowed me to buy my Model X.”
R. Kieft, Anchorage, Alaska

My grandfather used to say, “Only buy insurance for things you can’t afford to replace.” By this reasoning, buying health insurance is a good idea. Replacing and fixing even small parts of human bodies is very expensive. But while the concept of health insurance makes sense, I’ve always thought the execution...

You may not like cannabis, but you can profit from its incredible boom by investing in the best cannabis stock to buy today.

My topic today is the state of the stock market, which I would characterize as a stock picker’s market.

“Double Your Dividends!” That’s the pitch I’ve been seeing in my inbox lately from a fellow investing advisor trying to sell a webinar on covered calls. But what are covered calls, and how can they increase your income from stocks you already own? Here’s the primer I wrote on covered calls last...

This week we are adding leading energy player Devon Energy (DVN). Please note, we will VERY likely collect the $1.55 quarterly dividend in the coming weeks, though I won’t include that in the profit and loss equations as it’s not a certainty.

Coming off three straight weeks of losses, the bulls staged a rebound last week as the S&P 500 gained 3.65%, the Dow rose 2.66% and the Nasdaq rebounded by 4.1%. Though of note, the market is down across the board this morning following a “hot” inflation report. The expiration of our September covered calls is this Friday. Expect to hear from me Thursday afternoon or Friday morning on how we will manage these positions.

This morning, Janet Yellen seemed to indicate (like many Fed speakers in recent days) that a rate hike next month is on the table. But the market doesn’t seem to mind, with the major indexes flat-ish in volatile trading.

The big theme in recent days has been rotation, as the super-hot leading growth stocks have cooled off (including a few that have shown abnormal action) while some of the cyclical and other lagging sectors have gone nuts, pushing indexes like the Dow Industrials sharply higher.

Emerging market stocks have been attempting to bounce after a sharp selloff in late June, but haven’t been able to hold up to investors’ fears of a trade war between the U.S. and China.

For the first time since the market kicked off after the November elections, we’re seeing price/volume action that tells us the sellers are stepping up. This action isn’t a death knell, but it’s worth watching to see if the post-election uptrend is beginning to crack.

Not much has changed with the market environment—the overall market is good, not great, with most indexes above their 50-day lines and the S&P 500 making some progress. The action of the Nasdaq and leading growth stocks, however, remains outstanding, as they continue to race up their charts with minor pullbacks.

Yesterday was the worst day of the year for cannabis stocks, with HEXO (no longer in our portfolio) leading the way down with a plunge of 22.5% after the company announced that revenue for the fiscal fourth quarter, ended July, would be $14.5 to $16.5 million, well short of analysts’ expectations of $24.8 million.

Stock buybacks fell off a cliff in the second quarter. So why did Warren Buffett repurchase $5.1 billion of Berkshire Hathaway shares?

The November pullback has highlighted the market’s new AI leaders—stocks that smart money was eager to buy once the market started bouncing. Here are a few we like now.