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

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The S&P 500 (SPX) completed a sixth consecutive weekly advance. Will that continue for a seventh week? I don’t know and I don’t hope so. A pause would be welcome. What could cause that pause? Profit taking makes the most sense. Why not? Perhaps more tax talk from the President during his state of the […]

My Gut Feeling for Today, January 15, 2013 ($$)

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Did I say that we have a teeter-totter market? A lower open could not be sustained by the bears and we popped up by the close. What will happen one day, and that might be soon, is that the markets will open higher and won’t relent, catching the non-believers off guard. Retail sales were received […]

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

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The trading day pretty much ended where it began yestrerday, slightly lower. However, it was an inside day. An inside day is one which trades within the prior trading day’s range. It is also a day which traded within the statistically normal range. In other words, it was a perfect day to digest recent gains. […]

My Gut Feeling for 2013 ($$)

crystalball

  Happy New Year to all. 2012 was a year full of ups and down; elections; fiscal and budgetary issues around the globe; a Summer Olympics; and, a severe drought. Once again the major averages, except the Dow Jones Industrials (DJIA) all posted double digit gains despite the protestations of the bears. To the surprise […]

10 Things I Will Not Miss About 2012

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Every year since 2002 I have closed out the year with my satirical look at the world through the eyes of a professional investor poking fun at what has transpired in our global society during the year we are about to turn the page on. You can access a complete list of all prior years’ […]

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