Many people claim that my analysis of the stock market is flawed. Unfortunately, they are one of two types of people 1) They work in the financial industry and support the government’s legalized scam 2) They believe the lies from the financial industry “experts” that take a commission on their investments.
If [...]
• November 1992: Clinton elected President, Dow = 3240
• November 1994: Republicans retake control of the House and Senate, Dow = 3807
• June 2001: Jim Jeffords leaves Republican party, giving control of the Senate to the Democrats, Dow = 10,990
• November 2002: Republicans retake Senate, Dow = 8537
• November 2006: Democrats retake control of House [...]
Dividends are being cut at the fastest pace in at least 50 years, and many of the reductions are coming from U.S. companies investors have been relying on to provide income during the recession.
Here’s some advice: DO NOT RELY UPON OTHERS FOR INCOME! It’s called being self-reliant; you can learn a lot at [...]
The Dow Jones Industrial Average (DJIA) plunged yet again today to close at 7,997. This is the lowest level in over 5 years. We’ve seen the start of the correction in the real estate market, and now we are seeing the start of the correction for the stock market (which has been over [...]
The chart below compares the current inflation adjusted stock chart to a chart of the period from 1964 to 1984 adjusted for inflation and adjusted so the peak in 1966 matches the peak in 2000. Historical comparison charts are generally useless, but the similarity here is at least interesting.
Based on the current historical trend, we [...]