Fox Business Today at 1pm

I am going to be on Fox Business’ Markets Now today at 1pm discussing the rally in stocks, what the heck is going on in Cyprus, a little bonds and what to do with new money waiting to be invested.

Sunday night saw potentially huge losses for stocks on Monday, and although the market still opened much lower, it wasn’t as bad as forecasted and by the end of the day, it was essentially nothing. This institutional buying is a powerful force and tough to stand in front of,┬ábut when it gets exhausted, there should be an air pocket under stocks.


Paul Schatz, President, Heritage Capital