Investing is Hard

On June 30th 1997, Amazon.com (AMZN) was trading at a split adjusted $1.50 per share and was valued at $700 million. That day the stock traded 228,900 shares in a range of $1.48 – $1.59. I’m sure someone traded in and out of a great business that day, not knowing that the stock was about to…

Happy Birthday Jack Bogle, the man Warren Buffett calls a ‘hero’

Everyone knows Warren Buffett and his idea of value investing, but not many have heard of John Clifton “Jack” Bogle, who the Oracle of Omaha himself calls a hero for investors. Bogle, the retired founder and CEO of Vanguard Group, also a creator of first index fund, turns 88 today. During Berkshire Hathaway’s annual shareholder…

Young people who want to have a lot of money in retirement better understand this chart

This chart, from JP Morgan Asset Management, shows saving early is the best thing a person can do for their retirement account. Young people just joining the labor force can reasonably expect they won’t have a pension waiting for them come retirement. We’ve moved to the age of 401(k)s and individual retirement accounts, which gives…

ARE investors falling out of love with emerging markets?

ARE investors falling out of love with emerging markets? The stockmarkets of developing countries were one of the few bright spots in investors’ portfolios during the first decade of the 21st century. But since October 2010 they have steadily underperformed markets in the developed world (see chart). That trend has continued in 2013. Emerging-market equities…

Literally Every Strategist On Wall Street Has Been Wrong About The Stock Market.

The S&P 500 started last week at 1,614, an all-time closing high at the time. And it ended the week at 1,633, the current all-time closing high. This is notable because at the beginning of the year, the most bullish strategist on Wall Street’s sell-side had a 2013 year-end target of 1,615 (See Citi’s Tobias…

Nifty joins the global party; scales 52 week high of 6114.55.

The NSE Nifty crossed it’s previous 52 week high and touched 6114.55 during the two hour special trading held today before closing at 6107.25 with a net gain of 12.50 points or 0.21%. The BSE Sensex closed at 20122.32, up 39.70 points or 0.20%. Pharmaceutical shares powered the Nifty from the opening bell. Dr Reddy’s Labs led…

Dow, S&P 500 jump 1%; close at record levels after jobs report

The Dow and S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about an economic slowdown. The S&P closed above 1,600 and the Dow briefly traded above 15,000 for the first time as stocks extended this year’s rally. Bellwether companies,…

How the Dow Jones Index Slipped 145 Points In 3 Minutes Flat On April 23rd.

How could a single fake tweet drive down the markets so quickly? Wondering what’s going on? Illustrators Terrence Horan and reporter Ben Pimentel have put together this handy infographic detailing how algorithmic trading has shifted and changed over time, leading up to Tuesday’s events It’s been billed as a “Terminator moment“, when the markets reminded us…