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Whipsawed

Whipsawed! That is how I feel after the actions of the stock markets over the past few days. On Monday, December 3rd, the Dow Jones Industrial Average rose over 287 points (1.13%) on positive news about the US-China tariff war coming out of the G-20 meeting in Argentina over the weekend. It appeared...
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Seven Key Traits of Buffet’s Greatest Picks

Recently I wrote about the latest changes that Warren Buffet of Berkshire Hathaway was making in his portfolio. I ran across an article today that discusses the seven key traits of Warren Buffet’s stock picks. I thought that people might find it interesting. Please note that I in no way endors...
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Warren Buffet’s Latest Investments

With all of the volatility that has been in the market recently I thought I would look at how one of the greatest investors of all time, Warren Buffet of Berkshire Hathaway, has been managing his investments. In the most recent securities filing it was noted that Berkshire Hathaway has been building...
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Energy Market

The Energy Information Administration reported on 11-1-2018 that the US has become the world’s largest producer of crude oil. This moves the US ahead of Russia. The US produced more than 11.3 million barrels a day in August, 2018, a four percent increase over the record set in July. I remember...
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Third Quarter 2018 Investment Performance

The S&P 500 Index rose by 7.2% in the third quarter of 2018, its best performance since 2013. The Dow Jones Industrial Average rose by 9% while the technology heavy Nasdaq Index grew by 7.1%. All three indices closed within about 1% of their all-time highs. Much of the growth in the indices thi...
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High Expectations

The third quarter 2018 earnings reports begin in earnest at the end of this week. According to Thomson Reuters, corporations expect their earnings to grow 21.6% above last year’s level. This is lower than the 24.9% rate of growth in the second quarter of 2018. There is a growing concern that while...
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Bye Bye General Electric

General Electric will be dropped from the Dow Jones Industrial Average next week. GE was an original member of the Dow Jones Industrials dating back to 1896 and has been a continuous member since 1907. In a statement GE said “We are focused on executing against the plan we’ve laid out to...
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U.S. Corporate Earnings May Slow

US corporate earnings have been on a tear lately. In the first quarter of 2018 U.S. corporations increased their earnings by 25%, the fastest rate since the second half of 2010. However, earnings rates are expected to slow down going forward. In the second quarter of 2018 earnings are expected to gr...
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More Jobs than Jobless

For the first time since the U.S. government began keeping records in 2000, the number of available positions exceeded the number of job seekers. In April 2018, U.S. job openings rose to 6.7 million, higher than the 6.3 million Americans who were unemployed. This means that the US economy is facing ...
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Oil Prices Should Remain Stable for Remainder of 2018

Both Saudi Arabia and Russia are discussing terms to jointly increase oil production. Russia and OPEC agreed to a temporary deal two years ago to tighten oil supplies. This deal has chipped away at the excess supply of oil that has been in the markets for years. As a result, the price of oil has [&h...
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