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 [...]
We’re about to close the books on this year, and around this time we look back on what went wrong or right, where we can make changes for better results in the new year. I don’t spend too much time looking back, but if I don’t look at the mistakes then I’ll never learn – [...]
Just a couple of weeks left before the Christmas holiday and the pressure is on. I’m not talking about the stores and shoppers, which will no doubt be crowded up until the last minute. No, I’m talking about managers trying to beat the markets or specific bogeys. Time is running out before year-end and many [...]
Four weeks of market rally but does it feel that way? After all, the high in September of 1220 was just exceeded a couple of times this week. Mind you Friday’s close seemed quite bullish but let’s remember how these rushes have recently ended – badly. Market breakouts like this are normally there for the [...]
…but there is only ONE reason to buy. As investors/traders we don’t need to know the reasons for selling nor do we care. As the title says there are too many to count. Just acknowledge and embrace it. Europe? China? Slowdown? Politics? News? (click here) No matter. Therefore, our job is to best identify when [...]
I really hate to get all political here, but it’s unavoidable. I screamed out today, ‘CONGRESS, GET OUT OF MY MARKET!’ Felt a little good to scream it, and I scared the dog enough to make him leave the room…but five minutes later realized nothing had changed. It seems this drag and slow bleed is [...]
As The World Turns
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 [...]
Read More