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$marts, which I hope to work on in a few days. In short, my upside max of Dow 15,000 and downside of 13,700 remain the same. If […]
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I am going to be on CNBC’s Closing Bell today, March 26, at 3pm discussing the S&P 500’s continued assault on all time highs as well as the latest nonsense out of Cyprus, a country with the economic output of Vermont! As you know, we have been very bullish on stocks since mid November, especially through the overhyped fiscal cliff and sequester embarrassments. Sadly, looking at Washington’s fiscal calendar, we have many more “urgent” deadlines in 2013. Yippee! That means […]
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I am going to be on Fox Business’ Markets Now today at 1pm discussing the rally in stocks, what the heck is going on in Cyprus, a little bonds and what to do with new money waiting to be invested. Sunday night saw potentially huge losses for stocks on Monday, and although the market still opened much lower, it wasn’t as bad as forecasted and by the end of the day, it was essentially nothing. This institutional buying is a […]
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Here is my Fox Business interview and my take on how to invest right now. http://video.foxbusiness.com/v/2212535497001/the-dows-hot-streak/
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I am going to be on Fox Business today at 1:30pm assuming Mother Nature lets me get there! The discussion will focused on the Dow’s run to all time highs, today’s very good employment report and IF you should commit new money to stocks right here.
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I am scheduled to be on Fox Business’ Markets Now at 1pm today, assuming Mother Nature doesn’t throw a monkey wrench into those plans. We will be discussing how far the current stock marker rally can go along with my annual forecast for 2013. Street$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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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 […]
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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
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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 […]
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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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