Ian Wyatt has been actively investing in stocks for the last 25 years. He turned that passion into a multi-million-dollar Internet business when he founded Wyatt Investment Research in 2001. Ian’s goal is to help investors beat the market by finding great investments that are attractively priced. Ian knows that wealthy investors tend to invest differently. They don’t make ridiculous, high risk, high reward bets. They don’t feel the need to buy and sell frequently. Instead, they protect their wealth by investing for income and buying stocks when they are cheap. When they do speculate, they do so intelligently, without letting emotion enter into the equation.
Stocks rallied out of the hole yesterday. And the financial media, which started the day reporting that pessimism about the economic recovery was driving stocks lower, finished by saying… Read more
Thursday’s nasty sell off appears to be bleeding into today. Of course, TradeMaster technical analyst Jason Cimpl had us prepared for more declines today with his excellent video chart… Read more
And so it begins. I’m talking about earnings estimate revisions for banks. And yes, they are headed lower. First up is Morgan Stanley (NYSE: MS). Credit Suisse analyst Howard… Read more
The Third Quarter is getting off to a rousing start. Economic data for the day is generally good – manufacturing shrunk less than expected and pending home sales rose… Read more
Talk about boring. On Monday, around 10:30 AM, the S&P 500 rose above 924. By 12:30 PM, it rose to 927.99. Ignore the first hour of trading (when the… Read more
The positive headlines are everywhere this morning. On Bloomberg alone, we read that the worst is over for Treasury bonds, factory output improved in Japan for the second straight… Read moreRead more
Yesterday, the Fed scaled back two of its liquidity-providing programs and announced it would let a third one expire on July 1, 2009.
Each program was designed to… Read more
The Fed has spoken. Interest rates are not going higher anytime soon. And the Fed announced no change to its $1.75 bond purchase program. Bonds sold off, suggesting that… Read moreRead more
The FOMC is expected to announce no change to the overnight lending rate later today. Economists also expect the Fed to say that it will continue to purchase Treasury… Read moreRead more
