Why This Bull Market Still Has a Long Way to Go
I’ve mentioned several times that we started a new Bull Market in July 2016 after Brexit. Since then, the parallels to 1995-2000 continue to be very similar and I feel we are in year two of what could be a five year (or longer) Bull Market. I am basing my theory on the price action of leading stocks, sentiment, and the concept that moves in the stock market can go on for much longer than [...]
VIDEO: Yahoo Finance Interview 2/20/18
Here is my interview on Yahoo Finance's Final Round show from Tuesday, 2/20/18. I joined host Myles Udland to discuss why this Bull Market is still intact. I can be reached at: jfahmy@zorcapital.com
Fox Business VIDEO: The Neil Cavuto Show 2/19/18
Here is my appearance on Neil Cavuto's show on Monday, 2/19/18. Enjoy! I can be reached at: jfahmy@zorcapital.com Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this video constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. [...]
2018 Preview
I’ve been consistently bullish for the past 18 months and written about it several times on this blog. Here are the highlights: 1) In April 2016, when the Dow was 17,500, I made a call for Dow 20,000 by the end of 2016 for the following reasons: Psychology, Market Resilience, Improving Breadth, and the Fed. 2) In July 2016, after the Brexit event, I wrote that we were starting a NEW Bull Market. 3) In [...]
Always Cut Your Losses!
In the past month, I have received the same blueprint email from about 10-20 readers of my blog. The email basically says: Dear Joe, I bought XYZ stock a while ago and I am down big. What should I do? I don’t respond to these emails because I can neither give financial advice over email nor do I know ANYTHING about the person emailing me (such as age, financial objectives, risk tolerance, etc.). The only [...]
The American Dream
“In 1923, seven men who had made it to the top of the financial success pyramid met together at the Edgewater Hotel in Chicago. Collectively, they controlled more wealth than the entire United States Treasury, and for years the media had held them up as examples of success. Who were they? Charles M. Schwab, president of the world’s largest steel company; Arthur Cutten, the greatest wheat speculator of his day; Richard Whitney, president of the [...]