My post today acknowledges a dear friend named David who is passionate about being a faithful Christian financial steward. He is a very knowledgeable stock investor. We met as a result of David reaching out to me after he read my book, “Choose Stocks Wisely.” […]
Easter Sunday is tomorrow. It commemorates the day over 2000 years ago when the Savior of the world, the Lord Jesus Christ arose from the grave, conquering sin and death forever and ushering in new life for all who will place their faith in His finished work on Calvary’s cross. […]
I share a brief post with you today. A dear friend of mine wrote to me this week about corporate buybacks where stock repurchases are coming more and more at the expense of balance sheet health. It seems that risky leverage is the growing trend of our world today […]
Hey friends. I hope this last Saturday in February 2016 finds you well. Wow, 2016! Each year about this time I’m really struggling with getting adjusted to the new year number; I’m still working with 2015. About the time I’m completely adjusted to what year it is, it has rolled over to the next one. You don’t have that struggle, do you:) […]
We live in a world that seems more unsafe by the day. In like fashion and in my view, the stock market seems to face more uncertainties than I recall. Yes, the Great Recession of 2008 and 2009 saw such a collapse in stock prices and a run on the banks was headed off by massive government stimulus and Fed activity which has almost been continuous since. […]
If we look to Webster for the meaning of stewardship, we find the following words:
“the conducting, supervising, or managing of something; especially : the careful and responsible management of something entrusted to one’s care” […]
Happy New Year, friends.
It has not exactly been a friendly start to the new year for stocks.
Across the first 10 trading days of the year, the major indices have done as follows:
Dow Jones Index dropped from 17,425 to 15,988, a decline of over 8.2%
Standard & Poor Index dropped from 2,044 to 1,880, a decline of over 8.0%
The Nasdaq dropped from 5,007 to 4,488, a decline of over almost 10.4%
Yes, it has been a really tough start to 2016 for stockholders. In fact, it is the worst start to a year ever. See this article.
I’ll share a couple of additional interesting articles concerning the backdrop for this market decline. Go here for an article from yesterday that discusses key factors driving market fears, factors including oil, China, the dollar, and credit market and Fed uncertainties.
Go here for an article from January 7, 2016, that discusses how the average stock is already in a bear market (note, this article is before the 2nd difficult down week of January, so indices were actually a good deal higher the morning of Thursday, January 7, when the article was recorded).
I’ve shared in prior blog posts how that a large number of companies failed to participate significantly in the so-called bull market of recent years. The last article highlights this fact. An acronym for four stocks, FANG, stands out today to refer the strong roles Facebook, Amazon, Netflix, and Google have played in recent times in driving the market ahead while at the same time backbone commodity companies working in oil and gas, gold and silver and copper, etc., were literally decimated.
There’s a lot of indiscriminate selling going on of late, probably exacerbated by investors receiving margin calls. There are some […]
Equity is the excess of assets over liabilities. It is ownership. To really have ownership, there has to be a surplus of resources above all obligations. […]
Friends, I wish you a very Merry Christmas today! May the Christ who brought Christmas to the world be exalted on this wonderful day of remembrance of His coming. […]
Christmas is approaching. What a joyous season as it commemorates the advent of the Messiah, Jesus Christ, given to the world to bring us salvation. […]
