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 $300.
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A new Street$marts has been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20130416.pdf
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Every once in a while, I get slapped by the anchor. This time, my earpiece was fading in and out and I could not hear her interrupt. http://video.foxbusiness.com/v/2286720066001/2013-a-front-loaded-year-for-stocks/ The Dow and S&P 500 hit all time highs today, but the Russell, S&P 400 and NASDAQ did not. We have some worrisome signs, but they can and usually persist a while longer before any serious damage. Gold stocks were the leaders and I thank them for the immediate reward after the […]
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Here is a spirited debate I did on CNBC regarding dividends, not the panacea most investors think! http://video.cnbc.com/gallery/?video=3000158549&play=1
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I am going to be on Fox Business’ Markets Now at 1pm today discussing the abysmal jobs report on Friday, the stock market’s rather muted reaction and what lies ahead this quarter. There are a few scenarios which can play out from here and I will lay them out in detail this week in Street$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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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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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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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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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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I am going to be on Fox Business’ Markets Now today at 1pm discussing the rally in stocks, what the heck is going on in Cyprus, a little bonds and what to do with new money waiting to be invested. Sunday night saw potentially huge losses for stocks on Monday, and although the market still opened much lower, it wasn’t as bad as forecasted and by the end of the day, it was essentially nothing. This institutional buying is a […]
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Here is my Fox Business interview and my take on how to invest right now. http://video.foxbusiness.com/v/2212535497001/the-dows-hot-streak/
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Last week, economic data and hopes for stronger growth in consumer spending helped drive the Dow Jones Industrial Average to a new record. The S&P 500 Index closed within two points of it all-time high established a little over five years ago. The Wall Street Journal reported that the Dow’s 10-day run of gains through Thursday marked only the fourth time the average had achieved such a feat since the end of World War II—the last time was in […]
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I am going to be on CNBC’s Closing Bell today with Bill & Maria today at 4:10pm discussing the merit in investing in technology for dividends over growth.
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I am going to be on Fox Business today at 1:30pm assuming Mother Nature lets me get there! The discussion will focused on the Dow’s run to all time highs, today’s very good employment report and IF you should commit new money to stocks right here.
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I am scheduled to be on Fox Business’ Markets Now at 1pm today, assuming Mother Nature doesn’t throw a monkey wrench into those plans. We will be discussing how far the current stock marker rally can go along with my annual forecast for 2013. Street$marts subscribers should be receiving the annual forecast issue shortly, but nothing has changed over the past few months in our work. All time highs are on the way for the Dow and S&P 500 and […]
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I am going to be on CNBC’s Fast Money between 5:05pm est and 5:35pm est today, January 14, discussing my long-term negative forecast on Apple and what it means for the stock market in general.
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The 2nd worst piece of legislation ever just passed Congress. What did it do for our country? Not much! Here are my thoughts on Fox Business. http://video.foxbusiness.com/v/2071133331001/schatz-fiscal-cliff-biggest-hoax-since-y2k
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As we saw during the summer of 2011 with the debt ceiling debate, it seems like our elected officials can only strike a deal as the clock is ticking down to zero. And when they finally do forge an agreement, it ends up being one atrocious one after another. So yes, I think the bill that came out of Congress is a total joke. It doesn’t do a single thing to put our country on a sound fiscal course and […]
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This morning, you likely received an email with Apple in the subject line and no content. I apologize for that! I was in a Philadelphia hotel room on the way out and I thought I hit “paste” and send. Obviously, my fat little fingers missed a step. When I received it on my phone, my first reaction was, NO! It reminded me of those unscrupulous Dotcom bubble stock touts who would send emails with either the company’s name or stock […]
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The latest Street$marts has been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121221.pdf
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