It’s All about Greece
Here is the clip from my segment on CNBC’s Closing Bell on June 15. As is usually the case, my view is definitely the contrarian view and Bill certainly challenged me! Take a look… http://video.cnbc.com/gallery/?video=3000096597&play=1
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Date: June 27, 2012
CNBC’s Closing Bell at 3:10pm June 15
I am going to be on CNBC’s Closing Bell with Maria and Bill at 3:10pm today discussing Sunday’s election in Greece and the potential for a major market reaction next week. Here are some quick, off the cuff thoughts: 1 – Markets seem very comfortable rallying into the event, which makes me a bit uncomfortable. I would much prefer to see weakness and worry ahead of a geopolitical event to wash out the weak handed holders and then reverse after […]
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Date: June 15, 2012
The Week Ahead
With earnings season over and the monthly jobs report behind us, markets will likely focus on Europe and the outcome of ObamaCare before the Supreme Court which is due out this month on a Monday. Heading in to this week, the bulls have the upper hand after putting in at least a trading low last Monday. You can read the details in Street$marts, which is also posted http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120605.pdf. With the Dow at 12,550, we could see 12,750 – 13,000 this […]
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Date: June 11, 2012
Stocks Hit with the Ugly Stick
Stocks got hit with the ugly stick on Friday after continued worries in Europe led to overnight weakness and then the market got thumped by the horrid jobs report. Gold and treasury bonds were the only bright spots. Did gold just see “THE” low or “a” low? We will tackle this in an upcoming Street$marts. Stocks should be in the early stages of the bottoming process. It’s too soon to offer how long it lasts, days or weeks. But the market […]
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Date: June 4, 2012
Facebook, Facebook, Facebook
Is the world so boring a place that unless we can beat a story stock to death, there is nothing else to report? Have we forgotten about the need to create jobs in the private sector? First it was Apple; then it was JP Morgan; and now it’s Facebook. Thankfully, the IPO is over, Mark Zuckerberg is now worth $19B and the markets have created thousands of new paper millionaires. It also means that in a few weeks, the buzz […]
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Date: May 22, 2012
