The Daily Dose: Look for Vital Events

The number one thing to watch for in a steadily climbing stock market is an important event, macro or firm-specific, that goes overlooked.

I have lost count the amount of times a truly negative event ultimately signaled a spate of bad news for stocks ahead. So while you get Amazon (AMZN), Bezos, and Washington Post (WPO) takeover conspiracy stories shoved down your throat, be informed that this development is completely irrelevant to your financial life. The bald guy is a secretive billionaire that wants to spread his sphere of influence, creepily learn more on consumers for the benefits of the company he founded, and look way cooler at the dinner parties he attends. If anything, his dumping $185 million in Amazon shares to buy Washington Post indicates he is calling a top in that absurdly overvalued name, as I kindly noted on Twitter Monday evening ...429 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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