When Will the Music Stop?

When asked his thoughts on the soaring financial markets, Dennis Gartman, the current dean of commodity trading newsletter writers, remarked, “You have to dance while the music is playing.” In other words, when the markets are rallying, you have to participate. For...

A Black Swan in the Water?

I was confused. Though a familiar sound, my deep sleep didn’t allow me to register what it was. Through the fog, I realized my cellphone was ringing. I looked at the clock—6:47 a.m. I immediately assumed the alarm company was calling because an employee had...

Is the Stock Market Bubblicious?

Unappetizing early bubbles If someone mentioned bubble gum when I was a kid, it evoked positive thoughts; although, looking back, I’m not sure why. It must have been the times when I was allowed to chew it—playing baseball and swapping collectible cards. The positive...

In the NFL Today, It’s Just a Question of When

And there’s no controversy—the stock market is just like the NFL After leading the way for most of the current bull market, the S&P 500 and NASDAQ Indexes are suddenly hobbling around like an NFL quarterback heading for the bench after being sacked. We see this...

Will It Take Another Fall?

My 96-year-old mother broke her neck. Over the summer my mother slipped and fell during the night and broke her neck. She’s doing well now, although she still wears a soft neck collar. Fortunately, there was no dislocation or damage to the spinal cord. After a month...