At about 2:30 in the afternoon, today, July 1st, I took a look at my Seeking Alpha screen of the stocks that I follow and noticed that every single company I follow is up 1% or 2%:
Personally, I get ticked off seeing prices rise like this. If you are a net buyer of stocks (and that is the key term), then you should not be happy seeing these price increases because these companies are becoming less and less attractive. For every dollar of profit and dividends that ConocoPhillips generates, you have to pay 1.37% more today than you did on Friday. Today, you have to pay 1.82% more for each … Read the rest of this article!