So much uncertainty to throw the markets into a tailspin. Will they or won’t they? Up or down? Growth or recession? Romney or Obama? Heck, let’s just pack it in and call it a day until it’s all settled. Well…that is NOT AN OPTION. We need to battle through the negativity, poor sentiment and news [...]
This past week the market had every reason and excuse to go down. Data seems to show the economy may be slowing, China is also coming in for a soft landing, more leaks springing in Europe. The Fed seems to be in a quandary, wanting to do something but unable or unwilling to make a [...]
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). [...]
Can you feel the rumbling? It’s that time again, when a tight feeling in your gut comes back to put you in stitches, anticipating company results of the previous quarter. Yeah, it also gives me knots; and when you play the options game and rising volatility – well, it become a binary situation. The past [...]
Markets ended the most successful first quarter since 1998, and if you recall that was a pretty good year (and led to even more upside for the next year plus). We’re certainly in a different time and space here but as we know patterns repeat, and maybe we can identify one and ride out the [...]
There is lots of talk about how this incredible rally from the beginning of the year and even from last Oct 3 is just a mirage, that it cannot last. We often hear this from those less fortunate – those on the sidelines. Of course, much of that chatter is coming from those who have [...]
Who likes this market? Raise your hand. Hmmm…looking around, not seeing many hands raised. Ok, that makes sense. Since the beginning of the year markets have continued their upward climb started since the frightening dip in early October, and all I hear and read are complaints: why won’t this market pull back? why can’t I [...]
That was quite the reaction to the January jobs report. The big number caught many by surprise but we can now confirm the prior month’s number – perhaps a trend is now in place. Trends like jobs growth tend to last long because they are so large – it’s like turning around a cruise ship. [...]
We’ve Seen This Movie Before
It’s Deja Vu all over again. The above quote is from the file of the inimitable Yogi Berra, former catcher with the NY Yankees. Since we are in the early throes of baseball season and my good friend Tim Melvin is in 7th heaven with his 1st place Orioles I thought using some of Yogi’s [...]
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