Gold Skeptics Have Peaked but Gold Prices Haven’t
The other day I spent some time with my friends at Yahoo Finance recording several segments. Here is the one I did on why I have become more bullish on gold recently after watching the metal fall from $1900 to $1320. http://finance.yahoo.com/blogs/breakout/gold-skeptics-peaked-gold-prices-haven-t-paul-155320270.html
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Date: May 28, 2013
Big Ben Pours Cold Water on Bulls
The stock market saw a very dramatic and emotional reversal today as fresh all time highs were seen in the morning followed by a vicious selling wave from the highs until 3:30. The hardest hit sectors all focused on dividends that would become less attractive if interest rates rose. Utilities, telecom, REITs and financials. Pundits were quick to compare today’s action to that seen at THE peak in 2007 and 2000, but I believe that is misplaced. While the price behavior […]
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Date: May 24, 2013
Fox Business and Yahoo Finance
I head to New York in the morning (Thursday) to spend some time with my friends at Yahoo Finance. As usual, you can expect another controversial segment or two from my interview with Jeff Mackey. Yahoo Finance was the first media outlet I began to warn about Apple’s stock price heading for a 50%+ decline and that long-term forecast remains the same. However, something may be changing over the short-term… Besides visiting Yahoo and meeting with clients, I am also […]
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Date: May 22, 2013
Stocks Surge Higher With Authority
All of the major stock market indices saw more all time highs but this time it looked like a serious bull rush with the market opening flatish and pushing higher and higher all day. Some of the “old” defensive leaders came back to life like healthcare, consumer staples and utilities. This market is beginning to feel like a melt up which usually sees even more vertical gains, but which also ends in ruins. In my 2013 forecast, I called for […]
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Date: May 16, 2013
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
