$SPY

Higher Highs, Higher Lows

Pay attention because I’m about to teach you something very basic about the behavior of markets and market participants.  This will help you for the rest of your life. In my landmark post from the beginning of the month, Ten Reasons I Like Stocks for the Second Half, in the midst of a brutal 6-day…

Will the Tactical Guys Blow Up the Market on Monday?

How much money is really run tactically these days? Are the majority of market-moving managers (big guys with big positions) really that nimble? Or do they most sit tight and just keep buying their favorite stocks at any price, no matter what happens?

The Too Big Apple

“If Apple’s share price grew even 20 percent a year for the next decade, its $500 billion market capitalization would be more than $3 trillion by 2022.”