The wonderful (and dangerous) thing about our business is that it frequently appears to be so simple. And some days it actually IS simple . . . until it isn’t. True story. Back in the good old “dot com” days, we had a client call up and say “I just got a hot tip. I…
During a recent webinar for the private clients of BCWM, we reminded everyone that everything you’re already aware of, everything you hear on TV, and everything you read on the Internet . . . . . . is already public information AND is already priced into the stock market. It is often tempting to make…
One of the biggest unintended consequences of everyone on the planet being quarantined for an indefinite period of time is that people began spending an unhealthy amount of time watching TV news or surfing the Internet, activities that previously took up far less of most people’s days. Neither activity is particularly beneficial for anyone attempting…
An interesting thing happened last week. The price of oil fell through the roof and then through the main floor and then it created a large hole in the basement. On Friday, April 17th, the price of crude oil (West Texas Intermediate, aka WTI) closed the trading day at $18 per barrel. On the ensuing…
Monday, March 9th of this week marked the 11th anniversary of the stock market bottom during the sub-prime mortgage crash of 2008-2009. So what did the stock market do Monday? It celebrated by falling 7% immediately upon the opening. Since March 9, 2009, we have experienced an 11-year bull market, possibly the longest bull market in history.…
