Date: April 12, 2013

Many are Celebrating… You Shouldn’t

Every once in a while, I get slapped by the anchor. This time, my earpiece was fading in and out and I could not hear her interrupt.

The Dow and S&P 500 hit all time highs today, but the Russell, S&P 400 and NASDAQ did not. We have some worrisome signs, but they can and usually persist a while longer before any serious damage. Gold stocks were the leaders and I thank them for the immediate reward after the comments on Fox Business.


Paul Schatz, President, Heritage Capital