Draghi Delivers… Bears Lie in Wait
In one of the better telegraphed moves out of the European Central Bank, Mario Draghi & Company gave the market what it had been expecting, using some fairly heavy ammunition to provide stimulus to Europe’s struggling economy. He may not have gone to Hank Paulson’s bazooka just yet, but they are getting close! Thursday was a solid win for the bulls as the Dow, S&P 500, S&P 400 and Nasdaq 100 all scored new highs for 2014 with the lagging […]
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Date: June 6, 2014
Bears Get Another Opportunity
On the Bullish Side It has been a relentless 10 day assault by the bulls with the Dow, S&P 500 and Nasdaq 100 scoring new highs while the S&P 400 and Russell 2000 are fighting to lead. Europe remains near new highs and emerging markets have had a very strong run, much to my delight! The New York Stock Exchange Advance/Decline line continues to see all time highs which has very positive intermediate-term implications for stocks as it is an […]
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Date: June 4, 2014
Squawk Box on Monday @ 6:30 am EDT
I am really excited and looking forward to being with Joe, Becky and Andrew on CNBC’s Squawk Box on Monday the 2nd @ 6:30am discussing the stock market’s latest surge on negative news. It should be a spirited discussion!
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Date: June 1, 2014
Bulls Hangin’ Tough
With the bearish seasonal headwinds this week, the bulls have done a nice job not giving up any ground so far. In fact, the bulls powered ahead on Tuesday and held firm on Wednesday. It certainly looks like the Dow and Nasdaq 100 want to join the S&P 500 at new highs this week. Although the S&P 400 and Russell 2000 have been laggards, they have certainly led the parade over the past week. The real news so far this […]
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Date: May 28, 2014
Bear Trap and Dow 17,000
A week ago today, the major indices saw a solid red day that had the pundits talking correction and investors running for cover. One day later, however, the bulls closed the door on the bears, trapping them in some bad selling decisions. From there, the bulls had control right into the Memorial Day holiday and that should spill over early this week. The Dow has already hit an all time high and the S&P 500 should be soon to follow. […]
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Date: May 27, 2014
Speaking Out of Both Sides of my Mouth
It was such a pleasure and privilege to spend an hour on Fox Business’ Opening Bell with Liz Claman, one of my all time favorite anchors. She was hysterical off camera and we had a lot of fun with the various segments which I will publish here over the next week. The whole Fox Business crew was incredibly nice as they always are. I can’t wait to do it again, hopefully next month. The first topic we covered was Market […]
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Date: May 22, 2014
Just Call Me “No One”
FYI, I have the privilege of co-hosting Fox Business’ Opening Bell this Monday from 10:00am – 11:00am. Maria Bartiromo is on vacation so I finally get to meet Liz Claman after being interviewed by her for years and years. I am a HUGE fan! All Time Highs… Bull Market Alive Earlier last week, I wrote an article called All Time Highs on Tap where the Dow and S&P 500 would see all time highs unaccompanied by the other major indices. […]
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Date: May 18, 2014
An Hour on Fox Business’ Opening Bell
I am really excited to join Liz Claman who is subbing for Maria Bartiromo from 10am to 11am on Monday the 19th on Fox Business’ Opening Bell. Having been interviewed by Liz many times during her tenure at CNBC, I can’t wait to meet her and co-host the show for a full hour. She is one smart woman! As I worried about having enough to say, I am often reminded by my family that I don’t know when to shut […]
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Date: May 17, 2014
All Time Highs on Tap
Despite significant warnings from the S&P 400 mid caps, Russell 2000 small caps, Nasdaq 100 and a host of sectors, the Dow Jones Industrials and S&P 500 are poised to see all time highs this week. The headlines will look nice and investors may cheer, but serious damage remains beneath the surface over the intermediate-term. Yes, we remain long various indices and sectors, but we will likely lighten up or hedge on a quick spurt higher. If we do see […]
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Date: May 12, 2014
Key Sectors Sending Up Bearish Warning Signs
Last week, in Major Indices Issue Warning, I discussed how the strength in the Dow and S&P 500 were masking weakness in the other major indices and how a warning sign was given. Today, I go a step further and dive into the key sectors of the stock market. We begin this section with the S&P 400, Russell 2000 and NASDAQ 100 all showing relative weakness, a clear red flag. Below is the first key stock market sector and also […]
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Date: May 9, 2014
