Phil Mickelson took questions for nearly a half-hour Monday, with no satisfying answers. John David Mercer/USA Today BROOKLINE, Mass. — Phil Mickelson has addressed the US media many times, occasionally after he said something controversial, but Monday was the first time he did so as an employee of the ruthless Saudi Arabian government. That is … Read more
The US stock market is experiencing a liquidation panic where everything is getting sold. The good news is such panics usually don’t last long. Analysis from Rob Hanna of Quantifiable Edges suggests a rare Inverse Zweig Breadth Thrust (ZBT). Although the sample size is small (n=10 since 1926), the bearish implications of the study are … Read more
Dear Quentin, I read a letter from a reader last year who was suffering from crypto FOMO, and I have been following the crypto markets ever since. I felt like I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have … Read more
Could Augusta National prohibit past champions from competing based on their LIV Golf affiliation? What would Bobby Jones think? Rob Schumacher/USA Today It wasn’t that long ago that the four major championships were privately incensed about the move that Greg Norman and his LIV Golf tour were making to take on professional golf — or … Read more
If everyone agreed about the direction of the economy, investing would be easy. But there are mixed signals about whether the rate of inflation has peaked, at least in the US If you are among those who believe that inflation has peaked, Michael Brush recommends doing some bargain shopping for stocks in this sector. More … Read more
Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investors. The following chart, provided by Alger Director of Market Strategy Bradford Neuman, underscores the opportunity: Alger, FactSet The chart shows the weighted forward … Read more
Dear Quentin, My dilemma involves a small inheritance that I have recently received upon my mother’s passing. It’s about $130,000. I need advice about what to do with it. A little background: My husband has been very diligent about our retirement savings over the years, and although we might not be considered wealthy, we are … Read more
Nvidia Corp., Nutanix Inc. and Snowflake Inc. all gave earnings forecasts that were below analysts’ expectations on Wednesday, the latest in a batch of tech companies across sectors to give warnings about changing macroeconomic conditions in the spring. Lowered forecasts have struck across tech sectors, from social-media company Snap Inc. SNAP, +4.59% to chip maker … Read more
There is hope for first-time buyers looking to enter the US housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the market is finally showing signs of cooling — in terms of demand and sales, if not those persistently high housing prices … Read more
The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend stocks, in contrast, have actually risen. Below is a screen of the components of the S&P 500 High Yield Index expected to raise their … Read more