The Less Intimidating

CAPE: The Market's Long Memory

Ford's stock fell to $1.01 in 2008 while the market's CAPE ratio hit its own historic low. What one number reveals about buying value at the bottom — and what it's saying about today.

Reading The Tape

When Money Moves, It Leaves Tracks

The market doesn't announce when it changes direction. But if you know where to look, it tells you anyway. The stock market gets covered like a single thing. Up or down. Risk or no risk. But it isn't one thing. It's eleven sectors — Healthcare,

The Argument

So Is This a Bubble or Isn't It?

The question is never whether the technology is real. The question is which part of it you are actually holding.

Nokia Thought It Was Bold Too

There's a version of financial analysis that would look at Amazon right now and panic. In the last twelve months, Amazon spent $131 billion in capital expenditures. Their free cash flow — the money left over after the business pays its bills and maintains itself — was $7.7 billion.

Reading The Tape

That Wasn't a Recovery. That Was a Trap.

How to tell the difference between a real bounce and a short squeeze — before it costs you. You're watching a stock — or an index, or a futures contract — that's been falling for weeks. Then one day it just rips. Up 10%, 12%, sometimes more, in the

Reality Check

The Number Doesn't Know What It's Doing

Why analyst price targets — and your own entry price — are two of the most dangerous anchors in investing There's a belief that sounds reasonable on the surface: "The analyst said $X, so that's where this stock is headed." Or the other version — the one

Reality Check

Fees. How bad does 1% or less actually hurt in the long run?

The short version A 1% annual fee sounds harmless — it's just a dollar per hundred. But because of how compounding works, that 1% charged every year doesn't just cost you 1% of your money. Over 30 years, it can cost you nearly a quarter of your

The Less Intimidating

The market, explained like you were always meant to understand it.

Latest

The 200-Day Moving Average. What is it? And Why it Matters To EVERYONE.

The short version The 200-day moving average is simply the average closing price of a stock or index over the past 200 trading days. It's one line on a chart — but it's the single most-watched line in professional investing. When price is above it,

What's Actually Happening in the Market Right Now — And Should You Be Worried

The short version The U.S. stock market is down about 7% from its recent peak, with four straight weeks of losses. Three things are hitting at once: a historically stretched market, an oil shock from the Middle East pushing inflation up, and a Federal Reserve that can't