Since 2003 I have been a contestant in year-end stock picking contests in which each contestant picks their favorite stock or investment for the upcoming new year. The contests that I participated in were held by Equities Magazine and Fortune Magazine. In the various contests, I was able to compete against dozens of famous stock [...]
Friday’s (December 4, 2009) stock market action was ominous because the market reacted negatively even though the unemployment data for November 2009, was much better than anticipated. After it was announced that unemployment fell to 10.0% in November from 10.2% in October the major stock market indices including the Dow 30 Industrials and the S&P [...]