Stock Market

Stock Market

CBL & Associates Properties: Why I Continue To Buy The Preferred Shares, Anticipating The Swap For New Equity
Stock Market

CBL & Associates Properties: Why I Continue To Buy The Preferred Shares, Anticipating The Swap For New Equity

Author's Note: This article is intended for investors oriented towards value-deep, value-distressed asset investing. Those seeking moderate- to high-risk value investments may have an interest in this article. Investments in this company at any level of the capital structure are unsuitable for those seeking retirement income, and I strongly discourage purchase of securities related to this company for retirement income accounts, where a focus on risk aversion should be paramount. The Board of CBL & Associates Properties (CBL) has been actively restructuring the balance sheet of the company to reduce the excessive and unsustainable debt load. Currently, the out-sized debt relative to the assets, cash flow and EBITDA is too great to allow CBL to continue as a viable enterprise. Starting ...
5 Common Forex Trading Mistakes You Want to Avoid
Stock Market

5 Common Forex Trading Mistakes You Want to Avoid

The great thing about forex trading is that almost anyone with a computer, internet connection and a bit of extra cash can dive in. With that, though, comes those who enter without preparation. That’s when you hear their stories of failing at forex trading and give you a bad taste if thinking of entering. Don’t let other people’s mistakes taint the potential success of forex trading. By proper preparation, you can avoid many common errors new forex traders make. Want to start forex trading and be successful at it? Avoid the following five common mistakes many new forex traders make. Not Stopping if You Keep Losing A common mistake that many traders (not just forex traders) make is not stopping when they keep losing. Think about it – if you’re losing more traders than you...
Three Ways To Handle Money Well Through an Economic Downturn
Stock Market

Three Ways To Handle Money Well Through an Economic Downturn

In the last few months, people have experienced a variety of economic struggles. From skyrocketing unemployment rates to the bankruptcy of thousands of businesses, 2020 has been a year of financial hardship. Throughout periods of economic uncertainty, it can be difficult to determine how to manage your money well. There are many wise financial decisions that you can make in times of crisis. In this article, we will discuss three ways that you can continue to handle your money well in spite of economic instability. 1: Be Frugal When times are uncertain, it is important to be cautious about spending money in excess. If there are ways you can cut back, do it. This economic recession is being felt by nations across the globe. Below are a few simple tricks for saving cash: Go th...
4 Common Ways Hackers Steal Passwords (and How to Protect Yourself)
Stock Market

4 Common Ways Hackers Steal Passwords (and How to Protect Yourself)

With the amazing advances the human race has made in technology in recent years, we have been able to access the world in an entirely new way. We can now communicate with people and form lasting bonds without ever meeting in real life, shop from our favorite stores and brands, and stream music and movies right to our homes with little more than a few clicks on a keyboard. But with all of the good that has come with these technological advances, there are sure to be some less favorable traits that come with them. While the good does outweigh the bad in most cases, it is extremely important for anyone using the internet today to know how to protect themselves from the most prominent online threat: hackers. Hackers use computers and the internet to gain access to the information ...
The Relationship Between the U.S. Stock Market and Japan
Stock Market

The Relationship Between the U.S. Stock Market and Japan

In an international economy, the financial gains of nations and companies are linked together across multinational borders. It is particularly true for the United States, where the market is 77% Overvalued, and Japan. Japan is affected in several ways by any changes happening in the stock market in the United States. This article cites the ties between these nations and their impact. Trade The behaviour of the United States stock market impacts Japan by determining the amount of money Americans are ready to use on Japan’s goods. Since the American population heavily invests in the U.S. stock market, a robust stock market implies that there will be increased consumption expenditure in the United States.  There is a massive manufacturing industry, consumer goods, electronics,...
Online trading account-Benefits of Using the Metatrader 4 Platform for Online Trading
Stock Market

Online trading account-Benefits of Using the Metatrader 4 Platform for Online Trading

Online forex trading is a lucrative activity with thousands of people and hundreds of financial institutions involved in it. Forex trading is a highly liquid industry that is open every day 24 hours a day. To get involved in this trade, you will need to first learn the skills to trade profitably. You will then need a broker who is the market intermediary and, most importantly, you will need a trading platform. Metatrader 4 or MT4 is the most popular of forex trading platforms. It is used widely by both traders and brokers. Here are the main benefits of using MT4 for forex trading. Language The forex market is accessed online. Therefore, anyone from anywhere in the world can access it as long as they have an internet connection. With the MT4 platform, trading the...
Falling Thursday – Fed Fails to Firm Up Markets
Stock Market

Falling Thursday – Fed Fails to Firm Up Markets

We got the Fed's mintues yesterday, they were not helpful. “Members agreed that the ongoing public health crisis would weigh heavily on economic activity, employment and inflation in the near term and was posing considerable risks to the economic outlook over the medium term.” – FOMC Federal Reserve officials left interest rates unchanged near zero at their July session and continued to buy Treasury and mortgage-backed bonds at a pace of about $120Bn a month.  At a press conference following the meeting, Fed Chair Jerome Powell said the path forward for the economy was “extraordinarily uncertain” and would depend on containing the virus. Results on that front have been mixed, with infections rising in several U.S. states, potentially weakening the recovery. Officials had a l...
Faltering Friday – Investors Begin to Factor Risk Back In
Stock Market

Faltering Friday – Investors Begin to Factor Risk Back In

How good is the economy, really? Barry Ritholtz summed it up nicely yesterday with these key economic points: • Unemployment Rate: U-3 unemployment was only 3.5% in February 2020, and it skyrocketed to peak at 14.9% in April — and that likely undercounted full unemployment. It is 10.2% as of July 2020, a big improvement, but far above the recent lows. Not only that, as a reminder, the worst the Unemployment Rate ever got during the Great Financial Crisis was 10% in October 2009. • GDP: Real GDP bottomed in Q4 2008 at -2.16% (annualized); today its -9.49% (annualized); if you prefer to use nominal GDP, that bottomed in Q4 2008 at -1.86% annualized, today it is -10% (-9.986%). • Non-Farm payroll workers: There were 152.463 million people employed in February 2020; That fe...
Just Another Manic Monday
Stock Market

Just Another Manic Monday

Virus cases are down. President Trump was right – as soon as we stopped the CDC from counting cases, less cases have been reported and the official number of US virus cases has dropped off considerably.  That's SCIENCE!  As you can see from this New York Times chart, however, there's a very suspicious amount of states that are way over the US Average, which indicates the US average is simply not reporting all the cases.  SCIENCE!   Also, as pointed out, even our best states are having more cases than the 10 WORST countries in the world (besides ours, of course).   Meanwhile, we have a new miracle cure – exactly the kind of cure rich people think up – we take the plasma from people who have recovered from covid and inject it into people who've been exposed.  It's called "convalescen...
Toppy Tuesday – As Usual
Stock Market

Toppy Tuesday – As Usual

Back to our highs, again. And what do we do when we hit the 20% line at 3,420 from below?  NOTHING!!!  What do we do when we cross under it from above shortly after that?  We short it!  That's right, the 5% Rule™ is not very complicated.  In fact, this chart is saved in my StockCharts profile as "S&P 500 Large Cap Index ($SPX) Feb 6 2020" which means we've been using the SAME chart since before the crisis and we're STILL right where we expected to be over 6 months ago.  Remember, the 5% Rule™ is not TA – it's just math!  Math is real, TA is not…   Math told us we'd bottom out at 2,280 and we went long at 2,280 and did very well and math told us we'll top out at 3,420 and we got much more bearish last week and now we'll see how that plays out.  Hopefully, fo...