Are Stocks Dead Money?
Here is the latest Street$marts: http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120712.pdf Besides offering an essentially sideways forecast, which has been our thesis for a month, we also throw in another unusual economic indicator along with an interesting story from someone on the younger side!
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Date: July 17, 2012
CNBC’s Closing Bell TODAY at 3pm est
I am going to be on CNBC’s Closing Bell with Bill and Maria at 3:00pm est today discussing the market’s path over the rest of the summer and how “quiet” it has become as earnings season really cranks up this week. Almost every article, tv segment and conversation about earnings has been so negative that it seems like much has been priced into the stock market. Could a small upside surprise lie ahead? This lack of significant volatility is typical […]
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Date: July 16, 2012
Quietly Strong Selling Wave
Stocks have quietly seen a fairly strong selling wave over the past eight days. Coincidentally (or not), that has been ever since the European Union announced their latest rescue attempt from European Stability Mechanism. After that one huge rally day, stocks have not behaved well and after today (Thursday), they have given back the entire rally. From my seat, the stock market is at an interesting juncture here. I wouldn’t say “critical”, but the bulls need to step up here […]
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Date: July 12, 2012
Markets Pricing in Weak Earnings
Earlier this week, I did an interview with Fox Business about the possible increase in taxes when the Bush/Obama tax cuts expire in December. Later in the segment, we discussed earnings season, which began this week with Alcoa, and how just one quarter off record earnings, investors are becoming so pessimistic. While it certainly feels like a negative year in the markets, the major indices remain in the black for 2012. In fact, the year is very closely following the typical […]
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Date: July 11, 2012
Stocks Slide on Tepid Jobs Growth Number
On Friday’s CNBC segment, I spoke about the range bound market with the potential for a fall swoon before the election. But in any market, there are always opportunities and this time is no different. http://video.cnbc.com/gallery/?video=3000101361&play=1 So far this week, stocks have not behaved well, but it’s far from a rout and the trading range continues. On Wednesday, we get a peak at the minutes from the Fed meeting and folks will take any scrap of comments that leads to […]
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Date: July 11, 2012
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
What would Thomas Jefferson Say to the Architects?
The latest Street$marts is out, “What would Thomas Jefferson Say to the Architects?” http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120625.pdf Topics in this issue include a little known, but important economic indicator, the latest pullback in stocks and where gold is headed.
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Date: June 26, 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
Who Do You Trust?
The latest Street$marts has just been posted! http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120605.pdf
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Date: June 13, 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
