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
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
