by Michael Markowski | Oct 3, 2018 | alerts, Extra Cat
A frenzied blow off for the stock market and especially the Dow Jones Industrial composite index is underway. Investors are selling everything that is not tied down to pour their money into the index which houses 30 of the world’s largest companies. Investors are...
by Michael Markowski | Oct 1, 2018 | alerts, Extra Cat
Cash Balances as a percentage of assets in Charles Schwab’s brokerage accounts fell to 10.4 percent as of the end of August 2018. This matched the level in January which been the lowest since 2004. The S&P 500 has increased for six consecutive months and made new...
by Michael Markowski | Sep 23, 2018 | alerts, Crashes
The September 22, 2018, article entitled “Next Crash will be Worse than the Great Depression: experts” is a must read. The article contains predictions from Wall Streeter Peter Schiff who was unsuccessful in his bid to become a US Senator in 2010. Even though he...
by Michael Markowski | Sep 18, 2018 | alerts
The elimination of Brett Kavanaugh from consideration to become a justice on the US Supreme Court will negatively impact the market. Should this happen the Democratic party will become highly motivated to generate a huge turnout of Democrats for the midterm...
by Michael Markowski | Sep 15, 2018 | alerts, Markets/Economy
Today is the 10th anniversary of Lehman’s September 15, 2008 bankruptcy filing. Below are the anniversary dates for other four of US’s five largest brokers as of January 1, 2008. All five shared a common trait that Enron had prior to its sudden bankruptcy filing....
