CNBC’s Squawk Box Wednesday @ 6:20am
I am going to be on CNBC’s Squawk Box on Wednesday (11/21) at 6:20am discussing the Fiscal Cliff, our forecast to year-end and the potential for recession. After that, I hope to have a Street$marts to you by the end of the day. Just in case I don’t, I wish you and your family a very happy Thanksgiving! Paul
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Date: November 20, 2012
Bulls Turn Tide
After Friday’s reversal from early losses on the “news” regarding the Fiscal Cliff, the bulls put on an ole fashioned stampede today with more than 90% of the volume on the upside and almost 90% of all stocks closing higher. The market opened up and ran that way straight to the close, turning the short-term trend in favor of the bulls. For the time being, the bulls have the ball and given the Thanksgiving holiday, they are supposed to keep […]
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Date: November 20, 2012
Bulls Draw Line in the Sand
It certainly took a while, but the bulls finally drew a line in the sand and defended their turf after a 9% pullback from the September peak. The day started out like many others during the decline with weakness to new lows. But after the “geniuses” in congress held a press conference and all agreed to compromise (Gee, what a word!), stocks lifted and ran higher into the close as monthly options expiration and short covering ahead of the weekend […]
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Date: November 19, 2012
Obama Victory, Market Sell Off
Congratulations to President Barack Obama and all of the politicians who were elected by the American people last night. In the end, although my candidate did not win, Democracy was and is always the big winner. As you know, I hardly ever use the word “hope” when discussing investing, but in this case, I do hope we somehow see congress and the president at least genuinely attempt to work together on a bipartisan basis. I don’t know a single person who […]
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Date: November 7, 2012
FOX Business at 1pm on Wednesday
I am scheduled to be on Fox Business’ Markets Now at 1pm on Wednesday discussing the election results and its affect on the markets.
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Date: November 7, 2012
***Special Election Update***
http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121106.pdf
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Date: November 7, 2012
Market Says Obama But…
Here is the latest Street$marts. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121102.pdf
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Date: November 4, 2012
Back in Business
The financial markets in the US reopened today and the day appears to have gone on without a hitch. With month end and mutual fund end of fiscal year, it would have been chaotic had they not. Luckily, the NYSE and NASDAQ have had an awful lot of time to prepare for a natural disaster; but are you ever REALLY prepared?!?! Kudos go out to their management teams on getting the system up and running while still dealing with the devastation […]
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Date: October 31, 2012
Hurricane Update Part II
First and foremost, I hope those of you in harm’s way made it through the storm okay and your lives are beginning to get back to some sense of normalcy. The New York Stock Exchange is scheduled to open at its normal time, 9:30am edt on Wednesday. That’s beyond incredible given the state of devastation in Manhattan, but especially lower Manhattan. I expect the commodities and bond markets to open as usual as well. But I think we all know […]
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Date: October 31, 2012
Hurricane Update
As you may already know, the financial markets are closed today and are expected to remain closed through Tuesday. The office is officially closed, but I will be shuttling between the office and home as power allows. The best mode to communicate is via email. We have several internet providers and while we expect to have at least one always functional, it can never be guaranteed. If the storm is worse than expected locally we will operate from a satellite location […]
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Date: October 31, 2012
