COMMENTARY There is no way to put any positive spin on this past week. Ever the optimist, I truly had faith that our government were going to get this whole mess settled before the drop dead date of August 2. WHAT WAS I THINKING? And no, I was not under the influence of illegal chemicals…
Details
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…
Details
Waiting is sooooo BORING, isn’t it? Whether you are waiting in line at the bank, at an amusement park or stuck in traffic. It’s the biggest waste of time. What goes through our minds? ‘Get me there fast, I don’t want anymore delays’. But the more we push the less chance to really enjoy an…
DetailsMarkets had a standout performance this week, shaking off the recent negativity from Washington and other places. This market is all about earnings – and we need not look any further than that to explain an up 2-3% week. From Apple, to IBM, from Morgan Stanley to GE – there were positive reports across the…
DetailsThe title is really descriptive of what traders think about themselves after posting a loss. After all, the future is uncertain – will you ever post another winner again? That is a rhetorical question of course, because we cannot predict the future. But if you plan well, do your due diligence, study, focus and make…
Details
Commentary – 07.19.11 Strong day here on good volume and solid breadth after yesterday’s smashing. Given the short term oversold signal it seemed the markets were ready to rumble higher and indeed that’s what we had. Buoyed by good earnings from IBM, tech was the star of the day while poor earnings from GS and…
Details
With the second half in the rear view mirror there is so much to look forward to as we attack the rest of 2011. I certainly hope we have less chills and thrills in the back half of the year – maybe just a bit off settling down with a bit more stability. So as…
Details
After last night’s blowout earnings from Google and buyout of HK from BHP it seemed the bulls had the wind at their backs for a smooth finish to the week. Alas, we cannot forget the shenanigans going on in Europe (bank stress tests) and Washington (budget and debt) that tend to spread poison across every…
DetailsWe would all like to get a piece of this monster before it makes a move post earnings. After all, it’s the ‘gift that keeps on giving’. Management does not lead the horses, er analysts to any predictable number – seems they all have to do some work to arrive at some kind of decent…
Details
Commentary – 07.12.11 If there is one thing we know about this market is its unpredictability. Last night when I went to bed the futures were down about 9 – knocked for a loop after some worries over Italy suddenly surfaced. This really is not a new problem as we know but given the sharp…
Details