“If Santa Claus should fail to call, bears may come to Broad and Wall.” – Yale Hirsch The term “Santa Claus Rally” was coined by Yale Hirsch, author of the “Stock Trader’s Almanac”, and has been referenced by investors for decades. It is defined as the last five...

“The anointed don’t like to talk about painful trade-offs. They like to talk about happy 'solutions' that get rid of the whole problem – at least in their imagination.” – Thomas Sowell “Trade-offs have been with us ever since the late unpleasantness in the Garden of...

“You can observe a lot by just watching.” – Yogi Berra “A nickel ain’t worth a dime anymore.” – Yogi Berra “We made too many wrong mistakes.” – Yogi Berra We find ourselves in the midst of what historically is the worst stretch for stocks on the calendar. While stocks...