The normal P/E range for the S&P 500 is 10 (undervalued) to 20 (overvalued), but the P/E spike in 2009…
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Stock Market Fragility
The first time I heard the term “V-bottom” was in 2013. A V-bottom is when stocks go straight down and…
Continue ReadingCelebrating Freedom, Justice, & Trading For All
Let freedom ring! Life looked a LOT different at this time last year. I don’t know about you, but I…
Continue ReadingJune Vehicles Sales Decreased Sharply to 15.36 Million SAAR
The BEA released their estimate of light vehicle sales for June this morning. The BEA estimates sales of 15.36 million…
Continue ReadingJune Employment Report: 850 Thousand Jobs, 5.9% Unemployment Rate
From the BLS: Total nonfarm payroll employment rose by 850,000 in June, and the unemployment rate was little changed at…
Continue ReadingHow to Profit in the Market Amidst Rising Consumer Prices
General Mills (GIS) recently stated they would have to increase prices on many staple products. This relates to recent price…
Continue ReadingHow I Use Moving Averages
In this week’s edition of Stock Talk with Joe Rabil, Joe discusses how moving averages can be a useful tool…
Continue ReadingJuly 1st COVID-19 New Cases, Vaccinations, Hospitalizations
Congratulations to the residents of Delaware and Minnesota on joining the 70% club! Go for 80%!!! This data is from…
Continue ReadingYou’re Richer than you Think
Here’s a little thought exercise. If a person makes $200,000 a year, do they have more in common with the…
Continue ReadingHotels: Occupancy Rate Down 7% Compared to Same Week in 2019
Note: The year-over-year occupancy comparisons are easy, since occupancy declined sharply at the onset of the pandemic. So STR is…
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