Blackberry’s Spectacular Crash and the Importance of Knowledge

One of the biggest losers today is Research In Motion (BBRY), the company once synonymous with smartphones and mobile email. Since the introduction of the iPhone, Blackberry has seen its marketshare squeezed by Apple (AAPL) and Samsung, but hope springs eternal and...

Global Implications in Big Casinos

Monday was an ugly day for stocks, and it was much uglier for some than for others. One of the hardest hit, Las Vegas Sands Corp (LVS), saw about a 5% drop in prices Monday as shareholders bailed one of the oldest and most volatile Vegas gambling houses. LVS is in...

On Bear Markets and Instinct

The fight or flight response is one of the most fundamental to human nature. When faced with a threat, real or imagined, a cascade of hormones triggered by the nervous system encourages people to fight or run away. It’s an instinct that cannot be stopped. But it...

Bad Economic News Means The Fear Index is Down

Observe this chart: This is the iPath S&P 500 VIX Short Term Futures TM ETN, a fund that serves to track changes in the VIX, the volatility index sometimes called the “fear indicator”. The VIX is a macroeconomic indicator that tracks, through a measurement of...