The DOW has recovered from my last post a few weeks ago. Back then, the DOW was at 33,800. Today it is at 34,838, about 1000 points higher. It was as high as 35,144 on July 26th, but pandemic worries and unemployment concerns have pushed it down. My portfolio gained
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COVID Market Crash
Here we go again. The stock market is dropping today as a result of all the scary news reports over the weekend that another wave of COVID is starting to gain momentum. Yet, here in Minnesota, the mnhealth Twitter account just announced that COVID-19 cases are down dramatically and that
Continue readingJune 2021 Update
This has been a strange year so far. The pandemic feels like it is still lurking in the background and could come back at any moment. Here in the Midwest we wait a long time for summer weather. Now that it is finally here, it has been too hot to
Continue readingInflation Fear
May is bringing a continuation of the selloff in tech and growth stocks. Any company that uses micro chips has been especially hard hit. I worked in the electronics industry and it seems like there was always a shortage of chips. It doesn’t help if your company has a poor
Continue readingMEME Stocks
Buying stocks from companies that are hyped by online investment gurus will often leave you with losses. By the time you hear about the stock, it is usually too late. High volatility is common and if you get in after the peak, you will end up with a stock that
Continue readingMarch Tech Selloff
The stock market has not been nice to tech stocks in the last few weeks. I’ve seen this before and it usually ends badly for all stocks. There are some areas of strength, like basic materials, but those stocks can also come down if the selling continues. I bought a
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