Today’s article discusses “Insiders,” who are they and why do we care? According to the article, they aren’t buying stocks, and it may be bad news for the rest of us. Here’s what they had to say, “Typically, when the stock market tanks like it did in late August and September, top management will jump at the opportunity to buy cheap stock. It’s the ultimate sign of confidence they believe better days are ahead. But that’s not what’s happening. “I’ve been very surprised,” says David Santschi, CEO of TrimTabs Investment Research. “We were looking for a big pick up in insider buying. We didn’t see it.” Enthusiasm from insiders has evaporated as the market dropped. It’s a cautionary sign.” To read more, CLICK HERE.
Today’s article discusses how some states are taking matters into their own hands and coming up with ideas on how to help their residents save for retirement. Is your state one of the few? Here’s what they had to say, “America’s retirement statistics are grim: About 40 percent of baby boomers have nothing saved for retirement, about a third of Americans who are currently retired rely on Social Security for almost all of their income, and the outlook for current workers isn’t much better. About half of private sector employees have no retirement plan on the job.” To read more, CLICK HERE.
Today’s article is an argument for retiring to a nearby place that has an exotic feel without the distance, cost, and hassle of an exotic retirement. Here’s what they had to say, “We Americans often overlook Mexico, because it’s right next door. Sometimes it feels too convenient to qualify as a retire overseas destination. However, that convenience factor is exactly why certain spots in this country can be perfect for both expat retirees and second home owners.” To read more, CLICK HERE.
Today’s article discusses three stocks that persevered while others wilted. Here’s what they had to say, “While there are certainly other stocks that are holding up well, it’s important to remember that these highlighted stocks are not defensive in nature. When markets are in a correction, investors often flock to consumer staples stocks such as food and beverages or high yielding stocks that are considered a safe way to buffer your portfolio. When the markets regain their strength, these stocks can often lose their favor as investors seek out higher growth stocks.” To read more and to check out the stocks, CLICK HERE.
Want to learn how to pick stocks like Mad Money’s Jim Cramer? Today’s article explains how to do it, here’s what they had to say, “One of the easiest ways for Cramer to identify the stocks that should be on his radar is to look at the new-high list. These are stocks that hit a new high in trading for the day, especially on days when the market is in bad shape. If it is hitting a new high on a down day, then obviously it has something good going for it.” To read more, CLICK HERE.