How can Tesla, which makes a fraction of the number of cars, losing money on each one, be worth more than than Ford and nearly equal to General Motors?

We’re in a big bull market, one in which many expect to power even higher. So now is good time to review some of the basic tenets, rules, aphorisms and yes, clichés that help guide us not just through turbulent times but, more importantly can keep us humble through the bull.

The S&P 500 Index’s record 109 day run without 1% decline was broken yesterday. It’s causing hand wringing and top calling bell ringing.

More surprising than the powerful rally stocks have enjoyed since Trump was elected has been the incredible contraction in volatility.

Some unnerving trends have been developing in the option trading industry.