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My Gut Feeling for Today December 17, 2013

As expected, the markets opened on a strong note and then attracted some selling. Then for the rest of the session we pretty much flat lined. Buyers stepped up in the realization that: 1) selling pressure is weak and 2) the stock market is still cheap. The pullback, while less than I anticipated, nevertheless sent […]

My Gut Feeling for Today, May 30, 2013

crystalball

As I suspected, Wednesday would be a teeter-totter day with the markets opening lower and bottoming just after 11AM. Overnight Japan took it on the chin declining by over 5%. I am adding to my positions in the Wisdom tree Japan Hedged ETF (DXJ) and in the process building my position to nearly 3% of […]

My Gut Feeling for Today, October 10, 2012 ($)

The pullback continued as traders tried to get a jump on what is widely (or wildly) expected to be a disappointing earnings season. However, they were met with some lead-off scores by the good guys as Yum Brands (YUM) reported better than expected earnings supported by strong sales, same store comps and margin growth. Revenues […]

My Gut Feeling for Today, May 24, 2012 ($)

crystalball

No news is good news out of Europe. That is how I read the radio and media silence out of the EU meetings yesterday. We have pretty much expected the worst – a Greek withdrawal from the Euro. Now we have to ask ourselves: what if the Greece remains in the Euro? And what if […]

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