People often corner me at cocktail parties seeking free investment advice. I consider it an occupational hazard. However, during this year’s holiday gatherings, I noticed an added dimension of anxiety if not downright fear.It’s called “Trump Derangement Syndrome,” and yes, it’s a real thing. Psychiatrists are reporting greater levels of… Read More

In classic movies, a montage of overflowing mailbags often represented the power of public opinion. Either that, or someone would run into the room and shout: “The switchboard is lighting up!” The Investing Daily team gets lots of feedback, too. In this digital era, our letters mostly arrive in the… Read More

I’ve noticed more and more traders on the floor of the New York Stock Exchange wearing silly “Dow 20,000” ball caps. That’s a contrarian indicator if I’ve ever seen one.Analysts cheerleading for Dow 20,000 are wasting print and pixels. Even if the Dow does reach 20,000, it won’t stay there… Read More

I miss Richard Nixon. His sweaty, sneering, shifty-eyed performances during press conferences were the stuff of comic opera. On the Watergate tapes, Nixon is heard telling his national security advisor Henry Kissinger: “Never forget, the press is the enemy.”In a way, the press is your enemy, too. By that, I… Read More

The personal computer, the Internet and the smartphone all revolutionized daily life. To this list of disruptive technologies we can add drones. These pilot-less aircraft represent one of the most compelling investment opportunities you’ll see in your lifetime.And they’re about to put Santa’s reindeer out of a job.E-commerce juggernaut Amazon… Read More

Back in the Reagan Era, when I was a cub reporter on a financial newspaper, I was a callow youth burning with Pulitzer pretensions. One afternoon, the metro editor registered his disgust with one of my long-winded dispatches by pounding his fist on my desk.“What are the three rules of… Read More

“The time to buy is when there’s blood in the streets.” Attributed to the 18th century financier Baron Rothschild, this often repeated phrase means that investors in the midst of a market panic should seek inherently strong stocks that have been unfairly driven down in price by the irrational fear… Read More

Billionaire John Malone amassed a vast fortune by putting aside his emotions and relying on cold, mathematical logic. As he aptly put it: “They haven’t repealed the laws of arithmetic… yet, anyway.”This month, Malone’s trading methods were made available to individual investors through a new exchange-traded fund (ETF). If you’re… Read More

Since Donald Trump’s surprise victory on November 8, the mood of investors has been buoyed by the prospect of a fiercely free-market president in the White House. But the post-election euphoria shows signs of going too far. As comedian Larry David might say: curb your enthusiasm.The rallies this week of… Read More

I’ve been getting emails lately from readers who fear an imminent investment apocalypse at the hands of President Trump. These anxious letters should be read to the strains of “The End”  by The Doors:“I’m worried about Donald Trump’s affect on the financial markets. Will his reckless behavior trigger a market… Read More