Stock Market

Yesterday afternoon, a realtor friend of mine called to ask if I'd be interested in seeing a property she recently listed. Always the curious, I tagged along to see what you'd get for the money. In my opinion, for $1.5 million, you weren't getting much. In conversation, I…

Plus how you can use their exclusive "Two-Day Headstart Rule" to pile on the profits in 2004 Dear Profit Confidential Reader, Wall Street insiders are getting filthy rich again, and they're manipulating a little-known SEC disclosure rule to do it. After all, with ImClone's Sam Waskel spending the…

The Center for Policy and Economic Research is a liberal economic research organization in Washington founded by economists Dean Baker and Mark Weisbrot. These two gentlemen, whom I call the Two Wise Old Men, correctly predicted the stock market bubble that burst in 2000. Today, they are convinced…

Forgive me, dear reader, if my writing of late is pre-occupied with the demise of the U.S. dollar. My emotions and logic both run high when I speak of the U.S. dollar because of the many economic pros and cons of a lower-valued greenback and how it will…

Apparently, the good times are here again for stock brokers. Thanks to a good 2003, stock prices and trading volume are both up sharply. Even the "little" guy is getting back into the market, so they say. Times must be good. Morgan Stanley, Bear Stearns, Lehman and other…

While I'm not a big fan of Aruba, I visit the island occasionally to see my parents when they vacation there. Mom and dad, who live full time in Canada, have spent their vacation time in Aruba for the past 15 years. They prefer the island to others…

If you've been reading my PROFIT CONFIDENTIAL for some time now, you are obviously familiar with my bearish attitude towards the stock market. My bottom line is that I believe we are in a bear market, which started in 2000. In my opinion, the recent stock rally we…

Most of the silver in the world is smelted out of gold and copper mine production. There are some pure silver plays and mines out there, but they are rare. The Hunt brothers (remember them?) tried to corner the whole silver market in the 1970s and almost blew…

So, what are readers saying about PROFIT CONFIDENTIAL now? Some readers are critical of our commentaries, on occasion, but most offer support for our endeavors. Often, the responses reflect a reader's personal experience regarding one of our editorials. We appreciate all the feedback we get from you. Recently,…

I was having lunch with an old high school friend of mine the other day. Since our school days, he has gone on to owning and operating a successful stock brokerage and investment firm. He is not your typical brokerage president, because, aside from his day-to-day duties as…

It seems that, wherever I look, these days, hedge funds and other funds that run on the same investment principles are not only abundant--they're "all the rage." Strangely enough, most of us know little about them or their sudden popularity. The year 1949 saw the emergence of the…

Discover the bio-tech breakthroughs that will help make you wealthy from a very small investment... no matter what the stock market does! Dear Profit Confidential Reader: Each $250 invested in the mid-`90s in a medical breakthrough stock named Amgen (AMGN) is now worth a staggering $302,780. If you…

The United States of America is the world's largest energy producer, consumer, and net importer. It also ranks twelfth worldwide in reserves of oil, sixth in natural gas, and first in coal. In 2003, as a nation, we consumed 19.9 million barrels of oil per day, and approximately…

Just after the NFL Super Bowl, a sporting friend of mine called to tell me that we should be going into a bear market. "Why is that?" I asked, even though I tend to be 'overly bearish' and was in complete agreement with him. He went on to…

My friend Frank has been a hardworking sheetrock contractor for over thirty years. We recently had an interesting talk inside a new home he had just about finished working on. I started the conversation by admiring his new one-ton van. This set him off right away. He told…

I sometimes get funny looks when I pay for things with cash (my favorite way) that other people usually pay for with a card. I bought a TV for $600 cash the other day, and, frankly, the cashier looked at me like I was some sort of criminal!…

I read recently that the IRS estimates that married couples with two children that have a combined income of $75,000 to $100,000 USD and are subject to the Alternative Minimum Tax will spend 63 hours to complete and compute their tax return! 63 hours! Hmm. The way I…

There is no doubt that Alan Greenspan has the ability to move markets. Even the slightest change in vernacular can bring about reactions that are... spectacular. He attempts to hide his manipulative ways with fed jargon, saying "for a considerable period" one month then switching to "patient" the…

I am truly amazed by the strength of our domestic housing market. Almost every investment guru has predicted softening or pullback in the last couple of years. Including yours truly. But on it goes... up, up and away! Recent Commerce Department comments reveal that a "larger than expected"…

It wasn't too long ago that in this column we covered the trials and tribulations of General Motors' beleaguered pension plan. It seems that the topic of pensions is in the news and making news again. Take for example the federal agency Pension Benefit Guaranty Corporation. On Thursday…