AAII Survey: Recent Market Volatility Has Done Little to Change Investors’ Outlook

The last few weeks have offered an interesting ride for U.S. investors. The Dow Jones industrial average logged its two biggest single-day point drops. The Dow and S&P 500 index entered “correction” territory, both having fallen at least 10% (on an intraday basis) from their most recent highs. Yet, as of Friday’s close, the Dow…

 

Inherited IRA Rules for Spouses, Heirs and Trusts

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Inherited IRA Rules for Spouses, Heirs and Trusts Inherited IRAs have unique traits and do not follow all the same rules as traditional individual retirement accounts and Roth IRAs. Though some similarities exist, the applicable rules are dependent on whether the new owner of…

 

Weekly Survey: Retail Investors Respond to Rising Market Volatility

After experiencing some all-time-low volatility, it appears the U.S. stock market is seeing an uptick in volatility. On July 26, the CBOE Volatility Index, or VIX, widely considered to be Wall Street’s “fear gauge,” fell to its lowest level on record. Leading up to that, the VIX had steadily fallen to lows not seen in more…

 

The Stock Market and the Media: Turn It on, But Tune It Out

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Deep Value Investing Has Not Gone Out of Style One of the fundamental tenets of value investing, first outlined by Benjamin Graham in his seminal work “The Intelligent Investor” is the concept of margin of safety. Margin of safety simply refers to how much…

 

Volatility Is Extraordinarily Low

Not only has volatility left the building, it appears to have climbed on to a hammock to take a summer’s nap. Yesterday, the Chicago Board Options Exchange’s Volatility Index (the CBOE’s VIX) closed below 10 for the 10th consecutive day. Some perspective will help put the streak, which ended today, and the current levels into…

 

Stock Market’s “Fear Gauge” Hits 23-Year Low

A lot was written and talked about the CBOE Volatility Index, or VIX, this week. On Monday, it closed at 9.77, its lowest level since December 1993. This followed Friday’s close by both the S&P 500 and NASDAQ Composite indexes at new all-time highs. In addition, this was the first time in over 10 years…

 

“Trump Rally” Catches Second Wind, Market Dashboard Holds Steady

Weekly Market Summary This week marked the one-month anniversary since Hillary Clinton conceded the presidential election to Donald Trump. The so-called “Trump Rally” in U.S. stocks caught its second wind this week on the wings of strong consumer sentiment data and rising oil prices. On Wednesday, several of the major U.S. indexes posted their biggest…

 

Market Rally Gains Momentum, Reaching Rarified Air

Friday marked the one-month anniversary since Hillary Clinton conceded the presidential election to Donald Trump. Since the close on November 8, Election Day, the majority of U.S. stocks has seen a strong gain. This week, though, the “Trump Bump” seemingly found a higher gear. On Wednesday, several of the major U.S. indexes posted their biggest…

 

CI Market Dashboard: Bulls Tighten Grip in Post-Election Rally

Weekly Market Summary This week saw U.S. stocks, for the most part, continue their upward march in the wake of Donald Trump’s presidential election victory. Major indexes hit record highs and the U.S. dollar, as measured by the U.S. Dollar Index, climbed to a 13-year high. It also seems a near certainty that the Federal…

 

Stock Superstars Report: Baseball, Politics and Investing

Where I grew up in mid-Michigan, there was a local Chevy commercial that had a jingle that went “Baseball, hot dogs, Applegate and Chevrolet.” This week the news cycle, at least here in Chicago, has been focused on baseball and the “lovable losers”—the Chicago Cubs—breaking 108 years of curses to win the World Series. For…