Postcards: A Quick "Buy" Recommendation on the Shortest Day in the Calendar
The stock is overbought with a Relative Strength Index of 70 or better, but you still want to buy the stock. What do you do?
Market Update: The market rebounded after the biggest selloff in two months. But Nike (NKE) slashed its sales outlook and unveiled $2 billion in corporate costs. Typically, that would make people panic… and there will likely be more selling tomorrow. But from a long-term perspective, are you getting a great company on sale? The P/E ratio remains very high, but the central banks keep pumping.
Dear Fellow Investor,
It was a very late night on Wednesday.
The holy rollers on Southwest Airlines (LUV) forced me into Boarding Group C.
About 15 people preboarded the plane, and family boarding was stacked. This queue forced me into a middle seat at the front of the aircraft.
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