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
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
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
New Highs Now or More Weakness First?
In the last Street$marts, I opined that the stock market should see at least another new 2012 high this year, but that we were long overdue for a pullback and a 2-8% decline should begin shortly. So far, all we have seen has been a 3% decline and many folks wonder if new highs are next. I think the healthiest thing would be for stocks to decline below the levels we saw last week and then mount an assault higher. That […]
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Date: October 17, 2012
CNBC’s Closing Bell at 3pm Today
Going to be on CNBC’s Closing Bell today at 3pm discussing our market outlook for the 4th and final quarter of 2012 along with some comments on Ben Bernanke’s “big” speech earlier today. We will have an extended article out this week on the Fed’s QE Unlimited and what it all means and if you should even care.
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Date: October 1, 2012
Time for the Fed & ECB to Put Up or Shut Up
Here is the piece I did last Friday after the putrid jobs report. While the headline number may have indicated an increase of almost 100,000 net new jobs, the underlying data was awful. Additionally, while the unemployment rate may have fallen to 8.1% from 8.3%, it was primarily due to people leaving the workforce than people being hired. We already know that Bernanke & Co. are close to another round of money printing (QE) and this will likely push them […]
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Date: September 20, 2012
WHEN the Bull Market Ends
The latest Street$marts is here… http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120905.pdf
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Date: September 6, 2012
FOX Business TODAY at 1:30pm
I am scheduled to be on FOX Business’ Markets Now at 1:30pm today discussing the historically low volatility in the markets as well as the roadmap to the election. If you looked for me on CNBC last Friday, Labor Day traffic was off the charts, deeming it impossible to get to the station on time. This week, I will be posting the two Yahoo Finance segments I did last week along with a new Street$marts issue. Several cracks in the pavement […]
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Date: September 4, 2012
