Confidence plunges – stocks soar

No, it doesn’t make sense to me either.  In a report from the Conference Board today, consumer confidence set a record low this month.  It plunged to 25 from a revised (lower) January number of 37.4.  That’s an all time record.  And yet stocks soared today, with the DJIA gaining over 236 points, to end […]

Are stocks cheap?

CNN seems to think stocks are cheap right now.  Really.  A story this morning is headlined New lessons from the crash and the lead in says  Finally, stocks are cheap. Really. So it may be time to break the rules – just a little – to take advantage of this opportunity. The story goes on […]