With Trepidation, Onwards and Upwards
Here is the segment from this morning’s (May 8) Squawk Box with a really good discussion on the stock market, economy, employment numbers and the Fed. http://video.cnbc.com/gallery/?video=3000166972&play=1 Many of the small cracks I saw in the markets a month ago have repaired themselves with sideways action instead an outright correction. The canaries of liquidity, high yield bonds, small cap stocks and the New York Stock Exchange advance/decline line are all seeing all time highs. The Dow Jones Transportation Index has played […]
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Date: May 8, 2013
Squawk Box at 6:30am
I am going to be on CNBC’s Squawk Box at 6:30am on Wednesday discussing the market’s recent surge to new highs along with some areas of concern and which sectors may be poised for more gains. And no, I do not believe the bear market in Apple is over. It recently hit my second downside target at $400 and is bouncing as it should. More weakness should await the one time darling on it way to $300.
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Date: May 7, 2013
Bears Tasting Blood Yet?
A new Street$marts has been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20130416.pdf
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Date: April 17, 2013
Many are Celebrating… You Shouldn’t
Every once in a while, I get slapped by the anchor. This time, my earpiece was fading in and out and I could not hear her interrupt. http://video.foxbusiness.com/v/2286720066001/2013-a-front-loaded-year-for-stocks/ The Dow and S&P 500 hit all time highs today, but the Russell, S&P 400 and NASDAQ did not. We have some worrisome signs, but they can and usually persist a while longer before any serious damage. Gold stocks were the leaders and I thank them for the immediate reward after the […]
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Date: April 12, 2013
The Good, Bad & Ugly of Dividends
Here is a spirited debate I did on CNBC regarding dividends, not the panacea most investors think! http://video.cnbc.com/gallery/?video=3000158549&play=1
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Date: April 9, 2013
Dow 15,000, Dow 13,700 and Fox Business
I am going to be on Fox Business’ Markets Now at 1pm today discussing the abysmal jobs report on Friday, the stock market’s rather muted reaction and what lies ahead this quarter. There are a few scenarios which can play out from here and I will lay them out in detail this week in Street$marts, which I hope to work on in a few days. In short, my upside max of Dow 15,000 and downside of 13,700 remain the same. If […]
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Date: April 8, 2013
Investing in Tech for Dividends
A very spirited debate about dividend paying technology stocks. http://video.cnbc.com/gallery/?video=3000153641&play=1 I laugh when I hear about how cheap tech stocks are because their price/earnings ratios are so low. They said the same thing to me about Apple when I trashed it at $625. And don’t forget that the banks and homebuidlers were “cheap” in 2007 right before 2008…
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Date: April 4, 2013
CNBC’s Closing Bell Today at 4:10pm
I am going to be on CNBC’s Closing Bell today at 4:10pm discussing dividend investing and why it may not be all that it’s cracked up to be!
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Date: April 2, 2013
Bulls Hanging On…
Here is yesterday’s segment from CNBC’s Closing Bell. http://www.investfortomorrow.com/InMedia.asp We have month and quarter end on Thursday so I would discount any unusual action until the new month begins next week. The bulls are hanging in, trying to push the S&P 500 to an all time high and I think that should be seen since it’s only a few points away here. But my comments from the other day still hold. I see the Dow’s potential upside as 15,100 and […]
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Date: March 27, 2013
Dow 15,000, CNBC and more…
I am going to be on CNBC’s Closing Bell today, March 26, at 3pm discussing the S&P 500’s continued assault on all time highs as well as the latest nonsense out of Cyprus, a country with the economic output of Vermont! As you know, we have been very bullish on stocks since mid November, especially through the overhyped fiscal cliff and sequester embarrassments. Sadly, looking at Washington’s fiscal calendar, we have many more “urgent” deadlines in 2013. Yippee! That means […]
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Date: March 26, 2013
