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My Gut Feeling for Today, August 21, 2013

Home Depot (HD) and Best Buy (BBY) confirmed my hypothesis that consumers have shifted their discretionary spending from clothing and other stuff to more durable and high ticket items such as those housing related. This is a cycle within a cycle and should begin to dissipate and then reverse once we get closer to the […]

My Gut Feeling for Today, May 21, 2013


I have taken off two days for my civic duty (on jury duty), two days for faith (Shavuot) and two days for family (graduation at Boston Univ. Law School) and (Seton Hall Nursing School). My wife, a BU Law grad presented our son with his diploma. As a member of the SHU faculty, I was […]

My Gut Feeling for Today, November 28, 2012 ($)


Some positive economic data points and a well received $5 billion takeover of Ralcorp (RAH) by Conagra (CAG) kept the market in check for most of the day. Some afternoon comments by Senate Majority leader Harry Reid about the fiscal cliff negotiations put a damper into the market. Yet, when the dust cleared, the Dow […]

My Gut Feeling for Today, November 13, 2012 ($)


For the most part, yesterday was a meaningless day for the markets. Veterans’ Day combined with a NYSE (NYX) systems issue served up a subdued session with uninspiring volume. That did not stop the financial media from continuing its 24/7 vigil of the fiscal cliff. What seemed to be ignored, or at the very most […]

My Gut Feeling for Today, May 15, 2012 ($)


We had another ugly session yesterday with Greece and Europe once again being the locus of the problem. Greece continues to falter politically and economically as the country is unable to form a coalition government. There are a series of games of chicken being played in Europe. One is the ECB versus Greece. The other […]

My Gut Feeling for Today, May 14, 2012 ($)


The dysfunctional Greek political process played out over the weekend and failed to form a coalition government. While they still have a few days to do so, the inability to act like responsible adults over the weekend caused an implosion of the Greek stock market and dragged most European markets down by 2 to 3%. […]

My Gut Feeling for Today, Feb 21, 2012


I hope all of you enjoyed your long weekend. Unfortunately, I wound up working all day Sunday and Monday, save a night off Sunday for a charity comedy event starring Rabbi Rob Alper and Rev. Susan Sparks. Talk about an odd couple. They were quite entertaining. It looks like over the long holiday weekend some […]

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