CNBC’s Fast Money TODAY in the 5:00pm Hour
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.
Read More
Date: January 14, 2013
2nd Worst Piece of Legislation in History
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
Read More
Date: January 8, 2013
US on Sound Fiscal Footing… NOT!
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 […]
Read More
Date: January 8, 2013
Apple Turning Around
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 […]
Read More
Date: December 24, 2012
Will the Country Even Function on January 1?
The latest Street$marts has been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121221.pdf
Read More
Date: December 24, 2012
Santa Claus Rally
If Santa Claus should fail to call, bears may come to Broad and Wall. That’s an old stock market adage indicating that if we do not see the traditional Santa Claus rally over the final five trading days of the year, the potential for a bear market or major decline increases in the New Year. The final five days clocks at the close on the 21st, coinciding with the end of the world according to the Mayans. There is also […]
Read More
Date: December 19, 2012
The Single Most Overhyped Event Since Y2K
Here is the latest Street$marts that talks about Black Friday, Facebook, Apple, the “dreaded” Fiscal Cliff, how the bull market ends and some evidence of a weakening economy. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121211.pdf
Read More
Date: December 14, 2012
More Fed Stimulus Lifts Gold But Hits Dollar
Posted December 13, 2012 http://news.investors.com/investing-etfs/121212-636857-stock-market-gold-silver-bonds-federal-reserve.htm By Trang Ho, Investor’s Business Daily Posted 12/12/2012 06:41 PM ET Stocks, gold and silver jumped while U.S. Treasuries and the dollar sold off Wednesday after the Federal Reserve said it’s expanding its economic stimulus program, known as QE3. The Fed will buy $45 billion a month in long-term Treasuries, to offset the expiration of “Operation Twist.” The Fed will also continue buying $45 billion a month in mortgage-backed securities. The Fed said its stimulus programs […]
Read More
Date: December 14, 2012
CNBC’s Squawk Box Wednesday @ 6:20am
I am going to be on CNBC’s Squawk Box on Wednesday (11/21) at 6:20am discussing the Fiscal Cliff, our forecast to year-end and the potential for recession. After that, I hope to have a Street$marts to you by the end of the day. Just in case I don’t, I wish you and your family a very happy Thanksgiving! Paul
Read More
Date: November 20, 2012
Bulls Turn Tide
After Friday’s reversal from early losses on the “news” regarding the Fiscal Cliff, the bulls put on an ole fashioned stampede today with more than 90% of the volume on the upside and almost 90% of all stocks closing higher. The market opened up and ran that way straight to the close, turning the short-term trend in favor of the bulls. For the time being, the bulls have the ball and given the Thanksgiving holiday, they are supposed to keep […]
Read More
Date: November 20, 2012
Bulls Draw Line in the Sand
It certainly took a while, but the bulls finally drew a line in the sand and defended their turf after a 9% pullback from the September peak. The day started out like many others during the decline with weakness to new lows. But after the “geniuses” in congress held a press conference and all agreed to compromise (Gee, what a word!), stocks lifted and ran higher into the close as monthly options expiration and short covering ahead of the weekend […]
Read More
Date: November 19, 2012
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 […]
Read More
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.
Read More
Date: November 7, 2012
***Special Election Update***
http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121106.pdf
Read More
Date: November 7, 2012
Market Says Obama But…
Here is the latest Street$marts. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20121102.pdf
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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!
Read More
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 […]
Read More
Date: October 23, 2012
