Everything you've heard about investing from the mainstream media, your mutual fund advisor and your tax accountant is a lie.
Articles by Andy Crowder
By Andy Crowder | Nov 4, 2011
Over the past three years no company has been more hated than Goldman Sachs (NYSE: GS). If Ben Bernanke is considered the "White Knight" in the tale of the Great Recession, then Goldman...
By Andy Crowder | Nov 3, 2011
What should long-term investors do during a period like this where trading ranges, not an extended trend, dominates? I suggest using inverse and leveraged ETFs.
By Andy Crowder | Nov 2, 2011
If you follow along in The Trade Arena, you'll quickly learn about the various ways to apply options strategies to my assumptions on a highly liquid stock or ETF.
By Andy Crowder | Aug 18, 2011
The reprieve from Euro-news was short-lived. News
that the Fed has been meeting with the executives at U.S. branches of
European banks is raising the fear level of investors this morning.
It's being reported that one European bank has recently borrowed $500 billion from the European Central Bank. And that's the first time such lending has taken place since February.
Needless to say, at least some European banks are having liquidity problems. The recent statements from European banks like France's Societe Generale that they are fine are being called into question. Rightfully so.
By Andy Crowder | Aug 9, 2011
For the second time in a week, we had a "margin
call" day. That's what I've started to call those days where the market
sells off steadily all day, because it's as if the market itself received a
margin call, and has to sell stock relentlessly, regardless of
Now, since I mentioned fundamentals, that's the place to begin our discussion of what's happened to the stock market lately - and what we should be doing about it.
As I wrote yesterday, analysts and strategists alike are on record saying they do not want to lower earnings forecasts for stocks. They typically cite the fact that companies have steadily grown earnings, even when economic data weakens, like last summer, when economic data was so weak, the Fed began the bond buying program known as QE2.
By Andy Crowder | Jun 7, 2011
Last week the market extended its losses for the fifth straight week. That is the longest weekly losing streak since 2004. If Monday
By Andy Crowder | May 13, 2011
Tom Cullis here. Kevin McElroy is taking some time off to be with his wife and their new baby boy. He'll be back! But in the meantime, he's asked me to discuss a concept known as Free-Gold. You can read parts 1 and 2 by clicking here and here.
By Andy Crowder | May 12, 2011
Yesterday I discussed a brief history of Keynesian monetary policy, and how it is becoming increasingly difficult for our Government to maintain their policies further.
The problem is too much debt. And while there's no way for anyone to wipe this debt clean or pay it down with higher taxes, lower spending, etc.
By Andy Crowder | May 19, 2010
During the depths of the financial crisis, Warren Buffett plunked down $5 billion dollars on Goldman Sachs (NYSE:GS). It’s reported that this investment has returned nearly $4 billion as some sense of normality has returned to Goldman’s valuation.
Also during the financial crisis, Warren Buffett sold put options on the S&P 500. A put option is a contract that allows an investor to buy or sell an asset at a certain price on or before a specific date. So when Buffett sold put options on the S&P 500, he agreed that if the S&P 500 falls below a certain level, he will pay out.
Reports are that Berkshire Hathaway could be dinged for as much as $63 billion if these put option contracts go against Buffett. But it’s also reported that Buffett took in $9 billion when he sold the puts.