One can only diagnose a real market turning rally after its already happened. Initially sparked by Dell Computer announcing blandly that they would probably make sharply lowered profit estimates. It has since turned into the best two weeks of the NASDAQ in a very long time. The signs are very clear, this market has turned itself around. Here are the factors driving the market upward.More...
The leaders of the Western Hemisphere have gathered this past weekend to discuss setting up a free trade zone. This could be a good thing so long as its done with care for people. It is important to lower trade barriers, but not turn the treaty into a corporate welfare agreement.More...
In my opinion, the bottom of this market is behind us. After a week of better than expected earnings news, a surprise rate cut that caused a rising market to rocket; you might ask "what's next?"More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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