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My Gut Feeling for Today, September 3, 2013

Welcome to September. Now that August is over and done, the front line players are back at their desks and in front of their screens. The markets are poised to rise today on strong overseas markets on Monday and Tuesday. We also woke up to a series of important deals: Microsoft (MSFT) buying Nokia’s (NOK) mobile […]

US Stocks Play Catch Up

Global markets rallied strongly yesterday while the US enjoyed a holiday.  Positive economic data abroad and also a sigh of relief that no strike against Syria was imminent helped foreign markets post strong gains Monday. Today our markets are playing catch up and rallying.  The August ISM Index rose to 55.7 from 55.4. Asian markets […]

Indicator Update: Expect more volatility, not clarity

Markets hate uncertainty, and last week delivered a super-sized portion! Do not expect much clarity in the week ahead. Last week I predicted that fear might beget more fear. Starting with Secretary of State Kerry’s Monday press conference the markets moved lower. Tuesday trading exacerbated the effect, and the market did not recover. Rarely has […]

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