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My Gut Feeling for Today, April 18, 2013 ($$)

crystalball

The markets came into Wednesday’s session poised to decline. However, ricin laced letters were received in Washington, bomb squads were dispatched in Washington as well and a courthouse was evacuated in Boston. These events just added to the fear that has gripped the nation over the past few days. As a result, the market took […]

My Gut Feeling for Today, January 24, 2013 ($$)

crystalball

It was, as I expected, a lazy day leading up to the Apple (AAPL) earnings.; There were some exceptional standouts to liven things up such as International Business Machines (IBM) and Google (GOOG) which reported the day before. Earnings from Coach (COH) put a dent into retail. When the dust settled, the S&P 500 (SPX) […]

My Gut Feeling for Today, January 23, 2013 ($$)

crystalball

I know I might sound like a broken record but there is simply no serious selling taking place and the cash flowing into the equity market is just overwhelming the sellers. The S&P 500 has a date with 1,500 this week, perhaps even today. After the market closed yesterday earnings from International Business Machines (IBM) […]

My Gut Feeling for Today, January 22, 2013 ($$)

crystalball

There is nothing like a three-day weekend to recharge the batteries just in time for what is certain to be the most frenetic week of earnings season. We will transition from financial company reports to tech company reports with International Business Machines (IBM), Apple (AAPL) and Google (GOOG) headlining the show. The most intense scrutiny […]

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 […]

My Gut Feeling for Today, October 17, 2012 ($)

crystalball

Tuesday transpired like the script I set forth. We got a solid follow through to Monday’s rally and ended on the highs of the session. Joining the party were material and metals stocks. Financials sent mixed messages off of a negative earnings response for Goldman Sachs (GS) and a positive reaction to the management changes […]

My Gut Feeling for Today, July 19, 2012 ($)

crystalball

It is becoming increasingly apparent that traders were leaning against Ben Bernanke. Now they can sing a modified ditty as such: “I fought the Fed and the Fed won,” You can parse all that Ben Bernanke says to your hearts delight and make a case for the end of the world. Just remember one thing; […]

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