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My Gut Feeling for Today, May 10, 2013

crystalball

We got that picture perfect pullback yesterday, breaking the S&P 500 (SPX) winning streak without inflicting more than a flesh wound. The bulls even managed to push us into the green temporarily but I think they really just took the day off. After hours Priceline.com (PCLN) pulled off its usual quarterly report – outperform for […]

My Gut Feeling for Today, April 30, 2013

crystalball

The markets in what was an uncharacteristic Monday rose early and held those gains for the day. When the bell range, the S&P 500 (SPX) closed at an all-time high. Three-twenty-nine. I am not referring to a time of day. I am not referring to a date. I am not referring to an address. Nor […]

My Gut Feeling for Today, April 11, 2013 ($$)

crystalball

I was right about nearly everything yesterday except that the S&P 500 (SPX) closed at a new high. For that I say, as we would when I lived in Japan, gomenasai, which is, excuse me, in English. Clearly we are out of profit taking mode. The pullback was shallow and caught many people off stride. […]

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