Bold predictions are nothing new on Wall Street. Every soothsayer, fortune teller, oracle, and expert has an opinion or three as to where the stock market is heading.

In 1991, Jack Vander Vliet, then head of Dean Witter’s Inter-Capital Division, made the bold prediction that the Dow Jones would rea...

1994

by Bill Parrott on

Major League Baseball had a tough year in 1994 due to a strike by the Major League Baseball Players Association. The strike caused the cancellation of the World Series, the first time since 1904. It was a bad year for baseball and a lousy one for investors.

The U.S. stock market barely budged in 19...

Timing

by Bill Parrott on

Timing is everything.

Justify won the 150th running of the Belmont Stakes to capture the Triple Crown with a winning time of 2:28. If Justify had raced Secretariat in the 1973 Belmont, he would’ve lost by 4 seconds.

Carl Lewis set the world record for the 100-meter dash in 1991 with a time of 9.86...

The panelist on CNBC’s Halftime Report today mentioned we’re currently in a stock picker’s market. A stock picker’s market is one where money managers actively pursue strategies that will outperform the indices. They’ll try to cherry pick winners and avoid losers by employing several techniques such...

The Social Security Administration recently announced they’ll dip into their reserves to make ends meet because costs are exceeding income. The last time this happened was in 1982.  According to a Wall Street Journal article this is three years sooner than expected.[1] The article also mentions the...

Drivers start your engines!

Today marks the 102nd running of the Indianapolis 500 – “The Greatest Spectacle in Racing.” Drivers will travel at speeds in excess of 225 miles per hour in pursuit of auto racing’s most iconic trophy.  The winner will average about 160 miles per hour. The 1911 winner, R...