CNBC’s Closing Bell at 3:10pm June 15
I am going to be on CNBC’s Closing Bell with Maria and Bill at 3:10pm today discussing Sunday’s election in Greece and the potential for a major market reaction next week. Here are some quick, off the cuff thoughts: 1 – Markets seem very comfortable rallying into the event, which makes me a bit uncomfortable. I would much prefer to see weakness and worry ahead of a geopolitical event to wash out the weak handed holders and then reverse after […]
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Date: June 15, 2012
Who Do You Trust?
The latest Street$marts has just been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120605.pdf
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Date: June 13, 2012
The Week Ahead
With earnings season over and the monthly jobs report behind us, markets will likely focus on Europe and the outcome of ObamaCare before the Supreme Court which is due out this month on a Monday. Heading in to this week, the bulls have the upper hand after putting in at least a trading low last Monday. You can read the details in Street$marts, which is also posted http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120605.pdf. With the Dow at 12,550, we could see 12,750 – 13,000 this […]
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Date: June 11, 2012
Can You Trust the Experts?
One story related by Peter L. Bernstein in “Against the Gods: the remarkable story of risk” was the experience of Kenneth Joseph Arrow, an American economist and joint winner of the 1972 Nobel Memorial Prize in Economics. Some officers had been assigned the task of forecasting weather a month ahead, but Arrow and his statisticians found that their long-range forecasts were no better than numbers pulled out of a hat. The forecasters agreed and asked their superiors to be relieved […]
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Date: June 6, 2012
Shareholder Suit Plagues Facebook IPO
http://nhregister.com/articles/2012/05/23/news/doc4fbdaeef4f252625135824.txt?viewmode=fullstory
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Date: June 5, 2012
Stocks Hit with the Ugly Stick
Stocks got hit with the ugly stick on Friday after continued worries in Europe led to overnight weakness and then the market got thumped by the horrid jobs report. Gold and treasury bonds were the only bright spots. Did gold just see “THE” low or “a” low? We will tackle this in an upcoming Street$marts. Stocks should be in the early stages of the bottoming process. It’s too soon to offer how long it lasts, days or weeks. But the market […]
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Date: June 4, 2012
The Facebook Fiasco… A Guide of How NOT to IPO
Here is the latest Street$marts with a detailed article on the bust that is Facebook. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120525.pdf
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Date: May 29, 2012
CNBC’s Closing Bell TODAY at 4:10pm
I am going to be on with Maria and Bill at 4:10pm today discussing ethics versus business on Wall Street in the face of Facebook’s epic bust. Now that should make for interesting conversation!
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Date: May 25, 2012
Facebook, Facebook, Facebook
Is the world so boring a place that unless we can beat a story stock to death, there is nothing else to report? Have we forgotten about the need to create jobs in the private sector? First it was Apple; then it was JP Morgan; and now it’s Facebook. Thankfully, the IPO is over, Mark Zuckerberg is now worth $19B and the markets have created thousands of new paper millionaires. It also means that in a few weeks, the buzz […]
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Date: May 22, 2012
STILL Targeting JP Morgan?
It’s really amazing how the media latches on to a story. Not long ago, Apple was all the rage. Positive story after positive story. As you know, I took the very unpopular other side of that equation publicly. And they trashed me all over the place. Funny how that chatter has really quieted down! Now we have JP Morgan in the very unenviable position of being at the other end of that spectrum. Negative story after negative story. The media just […]
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Date: May 21, 2012
