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My Gut Feeling for Today, October 3, 2012 ($)

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It was yet another inside day for the markets. This time around, the Dow Jones Industrials (INDU) took a backseat to the NASDAQ. It was for the most part, a day traders market. I can’t promise anything better for today. That is before 7PM. After 7PM, most people will be focused on two events. First […]

My Gut Feeling for Today, October 2, 2012 ($)

crystalball

Monday was pretty much a day without much rhyme or reason to it. The Dow Jones (INDU) put in a strong performance while the NASDAQ was underwhelming, to say the least.  We had some beginning of the month exuberance, followed by some pretty conspicuous index allocation. At 10:30 we came within a few index pennies […]

My Gut Feeling for Today, September 24, 2012 ($)

crystalball

We survived the ultra mega multi quarterly derivative expiration without any major dislocations. The hangover this morning is likely to be mild to non-existent. Overall the markets were slightly lower but virtually unchanged last week. Today’s news is some of the old European and Chinese stories that are getting dug up on an otherwise slow […]

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