Did I go too far last week?
Countering the market's bubbly enthusiasm on Friday, I singled out seven bellwethers that analysts see posting lower quarterly profits this week. Things may be bad, but they're not that bad. In fact, several companies are growing in this recessionary climate.
The turmoil in the markets makes it too easy to justify selling any stock these days. Yet, while panic never helps investors, it's still a good idea to play devil's advocate with investments.
Historically, tumultuous times offer some of the best opportunities to buy stocks,
and the market's recent mess surely qualifies. Some investors will
never tread back into the waters of financial stocks again, but many
investors think financial services giant Morgan Stanley (NYSE: MS) should be an exception.
You know, it's kind of wrong for companies to make political and charitable contributions. Don't get me wrong -- it's not because I don't believe in giving to those in need. I do, and have supported and have even run our annual Foolanthropy campaign.
f you thought the rally that began in mid-March is running out of steam, pull up a chart.
If you've been paying attention, you'll have noticed that there's been quite a rally in the stock market over the past six months. The S&P 500 is up about 37% since the beginning of March!
Despite the ripple recently when the Brazilian government sought to win
a bigger role in the country's pre-salt region, primarily in the
deepwater Santos Basin, events continue to rock along in what has
become one of the centers of the energy universe.
It's been a tough year since what I like to call The Autumn of the Massive Collective Pants-Soiling.
Have we grown up, sobered up, or started building a healthier economy?
I think not. Welcome to the world of institutionalized speculation.
Welcome to the second installment of a series detailing my thought and
research process when investigating an unfamiliar oil stock. As you'll
see, a lot of these considerations are universal to fundamental
investment research, so you don't need to be an oil addict to learn
All right, I take it back! I'm sorry.
Was I a little rough? Yes. Did I bash the mutual fund industry? Sure. Did I expect hate mail? Of course. But not this.