Stocks slumped at the start of the Tuesday session like a driver suffering a heart attack at the wheel, and prices careened out of control for the next six hours until coming to rest in a ditch well below the critical 804 level of the S&P 500 that had held firm for two and a [...]
John Ralston Saul argues that Canada, rather than being born of the two solitudes (English & French), we are in fact a Métis nation, heavily influenced and shaped by aboriginal ideas. This can be seen in our deeply held positions on egalitarianism, a proper balance between individual and group, and strong our leaning towards negotiation over violence. Saul argues these are all aboriginal values that Canada has absorbed through the last 250 years.
US stocks continue to fall. Yesterday saw across the board declines that capped the worst January on record: The Dow Jones declined 9%, while the S&P fell 8.8%, and the Nasdaq dropped 6.5%.
Common sense on the street dictates “As goes January, so goes the year”. If that is the case, it’s going to be tough, [...]
Survive an Economic Depression
Although recessions have an official definition set by the National Bureau of Economic Research, depressions do not. That means it is open for discussion whether the US is in one or not. Nevertheless, falling asset and home values, and rapidly declining employment numbers suggest it’s still far from getting better.
Yikes. AREX dropped 9% by noon today. 9%! Fortunately, AREX recovered steadily, for a final down day of only. 2.5%. That’s a great recovery. More on this in my investing post. We also saw another 4.5% from Sandridge today, for a cumulative two-day result of almost 11% .
A pretty quiet day. Up $65.49, mostly on Sandridge Energy.
It’s weird. Today was my “lowest” positive day. A gain of $66 and I was disappointed.
It’s weird how stock investing twists your thinking around. First off, when I have a down day, I can’t help but stress over it. I read articles, postmortems, commentaries, and I do so over and over and over. I hate [...]
It’s a holiday, so the market is closed. Not here in Canada, but rather, it’s a holiday in the US.
Unfortunately, as a US equity investor (I know, I know, I’m missing out on opportunities locally and around the world. More on the later…), I am subject to the vagaries of the US holiday calendar. Somethings [...]
It was another down day, in a string of down days.