This past weekend saw the 54th running of the Daytona 500, an event that is the Super Bowl of stock car racing. Although I am a person of many interests, I find the droning of engines and the hours of relentless left turns to be about as interesting as a rerun of Jersey Shore. However, [...]
Over the weekend, Reuters reporter Edward Krudy highlighted Cliff’s thoughts on the far-reaching effects of the Egyptian power struggle. Here is his contribution to the piece: “Clearly oil is in the biggest play here. Think about if they decide to shut down the Suez Canal,” said Cliff Draughn, chief investment officer at Excelsia Investment Advisors [...]
Last Friday, TheStreet.com reporter Melinda Peer cited Cliff’s thoughts on the current economic climate in her article “Stocks finish week higher.” The following is a brief excerpt: Cliff Draughn, president of Excelsia Investment Advisors, said the market may also have been struggling a bit on valuation. “We’re getting a little long on this rally that [...]
