by Michael Carr | Jan 29, 2021 | Smart Profits Daily, Stocks
When investors look at stocks, their analysis is biased by how they feel about the economy or the company. By admitting this bias exists, they can develop insight into how the market really works. In today’s video, I explain why that insight can lead to a...
by Michael Carr | Jan 27, 2021 | Retirement, Smart Profits Daily, Stocks
Retirement is part of the American dream. But there’s more to it. The dream is to reach a financially secure retirement. Many years ago, financial planners said that such security came from a three-legged stool. Social Security was one leg. Pensions were the second...
by Michael Carr | Dec 2, 2020 | Seasonal Trends, Smart Profits Daily, Stocks
December marks the holiday season, with many celebrating Christmas, Hanukkah, Kwanzaa and New Year’s Eve. It also seems like a time to celebrate on Wall Street. December is the most bullish month of the year. The S&P 500 Index has ended the month higher 74% of the...
by Michael Carr | Apr 15, 2020 | 2020 Financial Crisis, Smart Profits Daily, Stocks
The stock market just had its best week since October 1974. But that historic 12% rally came as more than 17 million people filed for unemployment benefits in the past four weeks. That far surpasses the previous record of 2.7 million. It turns out that 1974 also had a...
by Michael Carr | Apr 1, 2020 | 2020 Financial Crisis, Smart Profits Daily, Stocks
A few weeks ago, I mentioned that financial advisers are very good at telling you what you should have done 30 years ago. After I shared the way to counter their advice, the stock market crashed. Now advisers need different clichés. Fortunately for them, they have...
by Michael Carr | Mar 18, 2020 | Recession, Smart Profits Daily, Stocks
“Unprecedented.” I’m watching CNBC as I write, and I’ve heard that word dozens of time today. The speed of the stock market’s decline is unprecedented. The coronavirus is unprecedented. The Federal Reserve’s actions are unprecedented. Fortunately, everything isn’t...
