 | Editor’s Note: Matt mentioned he was going to talk about a different stock today, but this situation with Silicon Valley Bank was too big to delay. Read on to see why. |  | Peter Lynch is one of those institutional investors who, when he speaks, everyone listens.
He popularized the GARP (growth at a reasonable price) stock investment strategy.
Lynch was a big proponent of investing in what you know.
He said one thing that should resonate with every investor:“If you don’t study companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.”
There’s a lot of truth to that.
But the concept of the exchange-traded fund (ETF) conflicts with Lynch’s argument.
ETFs made it so that the everyday investor could invest in a basket of stocks based on sectors, industries or trends.
I’m not saying ETFs are bad or don’t make good investments.
But there are risks because there’s no guarantee every stock in a fund is a good investment.
SVB Financial Group (Nasdaq: SIVB)’s crash last week is a perfect example.
The chart below shows SIVB’s crash, but I want to focus on the green line that you may be wondering about.
It all ties back to Stock Power Ratings. Click here to continue reading.  (Click here to view larger image.)
 | Billionaires are taking advantage of market turmoil by investing heavily into my favorite “fear-to-fortune” stock. It’s a secret used by investors like Warren Buffett, David Tepper and Sir John Templeton to become filthy rich.
How it works is simple… |
The Peso Is Set to Flip Mexico's Narrative Mexico's president is trying to make changes to the country's electoral process.
Protests are mounting that the changes are anti-democratic.
The country’s violent drug cartels are also in the headlines after four Americans were kidnapped and two of them killed.
It seems like news from Mexico is always negative.
An exception is news about the country's currency.
The peso is among the best-performing currencies this year and recently reached a five-year high.  (Click here to view larger image.) Longer term, the peso is still more than 30% below its 2011 high. But the rally offers signs of hope.
It's possible the country could benefit from America's shift away from China.
NAFTA allows manufacturers to move there at a low cost and low wages make the country attractive.
Bottom line: The peso could be signaling better news will soon be coming from Mexico.
Check Out More From Stock Power Daily: |
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