Tough market, isn’t it? It wasn’t long ago when the day started out positive and got stronger as we headed toward the closing bell, the result of a broad participation rally. Now we have but a handful of stocks rising smartly and the hope that our markets don’t crumble from weak knees (see chart below). [...]
Have you missed this tremendous bull run? Since Oct 3 the SPX has put on some weight, a robust 330 points (30%) from 1070. Nasdaq has blasted forward past 3K, a number not seen in more than a dozen years. The Dow Industrials is positioned above 13K now, up a solid 8.3% for the year. [...]
It’s been quite the ride up for markets in 2012. If you’re keeping score, we have the SPX up 6.7%, Nasdaq up 11.5% and the Dow Industrials higher by about 5%. Pretty good numbers for an entire year, but for the first five weeks of the year? Off the charts! Could the markets have been [...]
‘Actions Speak Louder Than Words But Not Nearly As Often’ – Mark Twain
I pay more attention to what is being done than what is being said. We can listen and believe in whatever is spoken but at the end of the day it is the actions that count most. We see what is being done everyday by market players – buy, sell, hold. We hear analysts say [...]
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