This looks very solid advice to us..
The perfect is the enemy of the good. Jack Schannep, editor of TheDowTheory.com, one of the country’s leading Dow Theorists, agrees: “The genius of investing is recognizing the direction of the trend — not catching the highs or the lows.” The key, Hamzei stresses, is to follow “prudent money management rules” that prevent losses from becoming intolerably large.
Here’s the stock trading secret that market timers won’t tell you - MarketWatch
Is shareholder capitalism bad for the economy?
ExxonMobil, unlike most of its peers and competitors, has decided to ramp up spending and drilling on large-scale projects, to the dismay of its shareholders and Wall Street. The oil supermajor has been struggling with flat production for several years and it has also had trouble finding new reserves to replace the oil it extracts each year. Earlier this year, ExxonMobil outlined plans to right the ship, but it has faced its share of skeptics. Wall Street has demanded that oil companies stop spending recklessly on growth, and instead redirect profits back to shareholders in the form of dividends and share buybacks.
The Oil Major Wall Street Won’t Back
We need investments, they increase demand and future supply and labor productivity, increasing economic growth and growth potential..
A new round for dollar bulls?
The Federal Reserve’s preferred gauge of inflation, payrolls figures for May, first-quarter growth and personal spending are all among economic reports due next week. Should they support expectations for three more Fed interest-rate increases this year, then the dollar could extend its climb to levels that would force bears to throw in the towel on a technical basis.
Dollar Bears Risk Another Knock-Down If U.S. Data Remain Buoyant - Bloomberg