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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, 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 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. […]

My Gut Feeling for Today, April 10, 2013 ($$)

I returned last evening from my trip to the Land of Dixie for what had to be the most exciting NCAA Men’s Basketball Final 4 ever. The southern hospitality was fantastic as well. You can see some of my pictures on Facebook (FB). While the Championship game might have not been the best of all time, […]

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