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 [...]
It didn’t have to be this way. Could have been different, far different. Much better. But this is what we have, so we have to deal with it. Oh, I’m not going to whine about the markets today. We all understand how it operates. There is no certainty in predicting the future. You do your [...]
The title of today’s piece pretty much sums up what we’ve seen this year. What normally is seen – accumulation, volume trends and patterns – is unmistakably missing. From the violent revolutions in the Middle East to the tsunami in Japan, the European Crisis to the US debt ceiling mess – we have had our [...]
With a turn of the calendar the markets were smacked down hard – hopefully not an indication of things to come. We don’t officially start summer until June 21 but the heat was turned up on the bulls after some surprisingly weak economic data for a second straight day. On Tuesday following the long weekend [...]
As January Goes…
…so goes the rest of the year. That is just one of three anecdotes this week, the other two being the end of the Santa Claus rally and the first five days of January (so goes the month). Wednesday was the end of the Santa Claus rally and it appeared to be a successful one, [...]
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