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My Gut Feeling for Today, April 4, 2013 ($$)

I have said repeatedly that the one risk to the market rally would be an exogenous event. On Tuesday, the markets negated Monday’s declines and were prepared to continue their rally on Wednesday. Then all of a sudden we got saber rattling from Dr. Jong-Un Strangelove which set off the uncontrollable Pavlovian responses by the trade first think rationally second crowd. […]

My Gut Feeling for Today, February 6, 2013 ($$)

As I suspected, Monday’s sell-off was a one day head fake which gave birth to yesterday’s Turnaround Tuesday. After the market closed there were a slew of earnings from companies representing a cross section of sectors.  Across the board, those earnings met or exceeded expectations and guidance was for the most part as expected or […]

My Gut Feeling for Today, May 2, 2012 ($)


Tuesday was a typical first day of the month. We had a reversal of the profit taking last day of the month for April, opened higher and kept the strength all day until the last hour. When the dust settled, Monday’s downside was slightly more than offset by Tuesday’s upside. Overnight the news out of […]

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