Rudd’s MarketView Tuesday, April 25, 2017

Rudd’s MarketView stock column for Tuesday, April 25, 2017 Dow Jones Industrial Average 20,996.12  +232.23   +1.12%  Dow Jones Transportation Average 9,249.42  -33.57 -0.36% Dow Jones Utilities Average 708.42  -0.61 -0.09% NASDAQ Composite 6,025.49  +41.67   +0.70%  S&P 500 2,388.61  +14.46   +0.61%  Summary The Nasdaq Composite hit a record…

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Wall Street Is Not Las Vegas

Streetwise for Sunday, April 23, 2017 “The race is not always to the swift, but that’s the way to bet” Damon Runyon. Let me state at the onset that I dislike analogies comparing Wall Street to Las Vegas. Investing and gambling are not the same. Yet, I can see where someone might draw the conclusion…

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Unfortunately Florida Is Synonymous with Shady Deals

Streetwise for Sunday, April 21, 2017 Psssst need a phony ID? A fraudulent tax refund? Insurance money from a sham car crash? Florida may have just what you’re looking for. Since the first settlers hacked their way into Florida’s mangroves, sunny South Florida has been virtually synonymous with shady deals and scams. And you thought…

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Necessary Investment Documents

Streetwise for Sunday, April 16, 2017 While it is likely that the stock market will continue to conquer new heights, despite the occasional stumbles of late, careful and deliberate investment planning and analysis remain the basic rules of navigation. Specifically, a personal investment profile and an on-going investment policy are key elements in any investment…

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Vetting Is Not Easy But Critical

Streetwise for Friday, April 14, 2017 There has been a lot of publicity lately over the need to check out people to whom you entrust your money. One often suggested Internet site is www.BrokerCheck.com. While not infallible, this is certainly a recommended procedure to help you avoid the mistakes made by those who failed to…

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Wall Street is Like a Spoiled Child

Streetwise for Sunday, April 9, 2017 Wall Street is like a spoiled child. Each time a piece of economic or corporate data is released that somehow does not meet its desires; the Street throws a temper tantrum and you know what happens then. Taking advantage of the ensuing volatility, virtually every investment purveyor parrots the…

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Be Careful When Following the Masses

Streetwise for Friday, April 7, 2017 As I was driving home from a dinner engagement, thinking about what I was going to write about this week, I happened to notice the following in a marquee outside of a local restaurant: “Be careful about following the masses for sometimes the letter m is silent.” Those words…

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In Days of Old

Streetwise for Friday, March 17, 2017 There was once, in the dear dead days beyond recall, an out of town visitor who was being shown the wonders of the New York financial district. Upon arrival at the Battery, his guide pointed out some handsome ships riding at anchor. The guide said, “Look, those are the…

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The Big Green Tractor (DE)

Streetwise for Sunday, March 12, 2017 The Street’s recent volatility should not be an impediment to your search for investment bargains. Even with annually increased dividends, a stock can still be undervalued. Price is absolute, but value is relative. Nonetheless, dividends continue to be an excellent indication of value, the premise being that rising dividends…

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Do Not Let Emotions Drive Your Portfolio

Streetwise for Friday, March 10, 2017 Despite the continual gains available to investors during the bull market of recent years, many individuals exited the market, while institutional players did exactly the opposite. The fact that institutional behavior is often opposite that of individuals stems from the fact that professionals typically follow strict policy objectives, which…

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