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My Gut Feeling for Today, August 22, 2013

The Federal Reserve Open Market Committee meeting minutes from July 2013 were released yesterday. So what did we get? Trading air pockets. Air pockets or turbulence are experienced, when flying, as the composition of air temperatures surrounding the airplane shift. It feels worse than it actually is. So yesterday, with a paucity of volume and […]

My Gut Feeling for Today, July 18, 2013

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The S&P 500 (SPX) inched up yesterday in a session that was, as I expected, dominated by Ben Bernanke’s testimony and earnings. Earnings will continue to dominate today, both from the mega cap tech companies that reported last evening Intel (INTC), EBay (EBAY) and IBM (IBM) as well as this morning’s reports from United Health […]

My Gut Feeling for Today, July 8, 2013

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With the long holiday weekend behind us, the markets can turn to earnings. Negative pre-announcements have been for the most part far and few between with little magnitude. While tradition dictates that Alcoa (AA) which reports results this afternoon is the official beginning to earnings season, the second quarter reporting season will begin in earnest […]

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

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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 18, 2013 ($$)

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Those teeter-totter markets came to an end, as I expected they would, with a strong open that held for the day. There was a slight pullback from the day’s highs into the close but I attribute that to some profit taking and pre-expiration activity. Which of course means that expiration is today, thus leaving the […]

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

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The tragic events of Friday in Newtown, CT captured the headlines and airwaves throughout the world this weekend. All for good reason as the act was sickening and horrific. These were young children that were slaughtered. As Americans we came together regardless of our political persuasion or religious beliefs to and pray, express our condolences […]

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

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I have to be honest, I am so happy that I did not have to devote any precious time of my life watching and listening to the pre-FOMC and post-FOMC theatrics yesterday. It was one colossal waste of time and energy.  We knew what was going to transpire going in and we knew that it […]

My Gut Feeling for Today, October 19, 2012

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I have decided keep today’s My Gut Feeling unprotected in remembrance of the 1987 Stock Market Crash. On Monday it will be back to password protected status available only to subscribers of Wall Street All-Stars Twenty five years ago today I was riding up the elevator in the Morgan Stanley (MS) offices in the Ote Center building […]

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

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After a few tumultuous days, the session on Wednesday was rather subdued, though slightly to the negative. The Russell 2000 (RUT) was the big index loser and we need to keep an eye on that small cap index. Let’s not lose sight of the fact that yesterday was an expiration week Wednesday and we often […]

My Gut Feeling for Today, Dec 20, 2011

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Nes gadol haya sham – a great miracle happened there. I am not talking about Europe. We need a miracle there but don’t hold your breath. I am not talking about Washington DC. There are no Maccabees there to come to our rescue. Nun, gimmel, hey and shin are the four Hebrew letters on the […]


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