RichC | December 18, 2024
The Federal Reserve is less sure about how much it’ll keep cutting rates after agreeing to a reduction this Wednesday afternoon. Chair Jerome Powell admitted that the decision was a close call (see WSJ and rate chart from 2000-2024 below). The latest cut, approved by 11 out of 12 Fed voters, will lower the Fed’s […]
RichC | December 17, 2023
My buddy Jeff and I enjoy debating and learning from each other while sharing what we are reading. We are far from experts on anything (I should speak for myself), but that doesn’t stop us from opining. HA! Last week with the Federal Reserve “pausing” on interest rate hikes with inflation coming down and semi-telegraphed […]
RichC | July 22, 2023
The week was abnormally filled with charts and graphs while chiming in to news stories and posts on Twitter this past week, but I’ll start with an animated GIF graphic and link to a story regarding offshore wind farm leases opening up in the Gulf of Mexico. As for the graphs and charts, here’s one […]
RichC | May 4, 2023
While waiting for the big TWO TRILLION dollar company that is Apple ($AAPL) to report earning after hours on Thursday (story), I’m contemplating the likely outcome of accelerated interest rate hikes by the Federal Reserve. Obviously concluding that “inflation in transitory,” as the Fed Chair commented after the pandemic, was the incorrect assumption … and […]
RichC | November 12, 2022
Well … the hopeful political “red wave” did not happen (at least from a conservative perspective). If we are to be generous, it could be viewed as a “small ripple” … but the results of the election as of this post are not fully counted even yet. Does that seem odd in our evolved and […]
RichC | June 9, 2021
When it comes to investing, I’m primarily a “value investor” who relies on fundamentals, but as for “trading,” which I have tinkered with for 30 years now, I’m an advocate self imposed rules and focusing on channel trading. Of course there are zillions of gurus boasting how they have perfected buy and sell signals, I […]
RichC | March 25, 2021
For the most part, I’m a conservative investor, although a regular channel trader, and I rarely speculates on risky upstarts, IPOs, zero-profit tech stocks, pharmaceutical long-shots or the latest crazy … cryptocurrency trend. Since most “risk” involves speculation, I see it more akin to gambling than eyes-open informed value or growth investing … both which […]
RichC | March 31, 2020
Although few of us really want to be tracking the exponential explosion of the COVID19 spread, a friend asked me if there was a preferred site to go to for updated information. I responded with CDC.gov or Department of Health here in Ohio as trusted sources, but then suggested that if he was like me, […]
RichC | January 18, 2020
While working on post highlighting the DJIA crossing 29,000, I realized that the stock market has blown through that milestone and is rocketing towards 30,000 and that I’ll have to start over (probably a “worry-wart” post is coming). One of the big contributors to this Dow Jones Industrial Average is Apple ($AAPL). It just continues […]
RichC | October 13, 2017
The early 1980s were challenging as manufacturing headed overseas, inflation ate up the buying power of every dollar and the cost to borrow was at an all time high. In fact, Brenda and I were giddy to have acquired a 12% mortgage on our first house in 1982 because our friends were applying for new […]
RichC | May 31, 2015
If you’ve been watching the “easy money” policies from central banks around the world (following the U.S. Fed’s lead), you may being wondering just how much money can be infused by government without suffering an economic calamity? So far, those investors “borrowing” at low interest rates in order to participate heavily in the stock market […]
RichC | November 3, 2014
Most financial experts emphasis not to “time the market” when investing, but it is difficult to resist researching and compiling statistics? Well, I’m guilty and have used a few when routinely adding investments to a retirement portfolio, particularly when buying the broad market. In the 1990s when trading futures somewhat regularly (not comfortably or particularly […]
RichC | July 2, 2014
I’ve been doing some reading lately from those concerned about an uptick in inflation. Since many of the writers are the same people who have been warning for years about inflation, it is easy to take their analysis with a yawn and a bit of skepticism. Still, my commonsense indicator has also kicked in […]
RichC | May 14, 2014
With government printed NOAA paper nautical charts going by the wayside, there are still a few options if you want paper. I’m partial to small publisher Paradise Cay Publications who has been serving the nautical minded for years out of Arcata, California. They’ll print small format, traditional paper and waterproof material (video below) and have […]
RichC | February 21, 2012
I watched the Dow break the 13000 mark a couple of times today, but unfortunately for bulls, it didn’t hold; the Dow closed up just .13% at 12966. Looking back a few years, the Dow last traded at the 13000 level in May 2008 and was heading down from its historic high of 14198 in […]
RichC | February 13, 2012
Every once in a while those interviewed on widely watched financial television channels have an opportunity to mention individual stocks … not a big deal when the companies are larger. Unfortunately mentioning a couple lessor known companies can move the prices. Today CNBC’s Bill Griffeth on his Closing Bell segment interviewed an analyst from Oppenheimer […]