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
Are the Bulls Ready to Resume Control?
After Friday’s carnage, the bulls fought off early weakness and pushed stocks to close at their highs around the flat level. Is the decline over? Anything is possible, but I continue to see more downside ahead with all major indices breaking their recent lows. A pre-election low remains in the cards and that would really catch folks off guard!
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Date: October 23, 2012
25 Years Ago…
I remember calling my parents from college when I heard the stock market had crashed 22.6% in a single day. My father had literally just opened another brokerage firm and even I knew this wouldn’t be good. I remember him telling me that it was the BEST time to open a new firm since they hadn’t brought clients over and built their book up yet. So not many folks were unhappy! I remember a buddy of mine who traded for a […]
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Date: October 23, 2012
Separating the Election Nonsense from Reality
Here is the latest Street$marts: http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121015.pdf
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Date: October 17, 2012
