After a darn good move, this 60-40 market is now feeling a little tired. A 60-40 market simply means about 6 out of 10 stocks remain in shape while 4 out of 10 just ain’t happening. Looking farther out, these numbers do not thrill but as long as the major indices stay above their…
As usual, we will have a comprehensive market report over the weekend…but…with the market hanging tight, lots of stuff working underneath but the areas we have pointed out to you to avoid have not really changed. Here are a few. We would continue to avoid anything energy (except for refiners). We believe the recent rally/bounce…
Secretary of State John Kerry blasted Israeli Prime Minister Benjamin Netanyahu, claiming his support for the U.S. invasion of Iraq shows his judgment on Iran can’t be trusted. “The prime minister was profoundly forward-leaning and outspoken about the importance of invading Iraq under George W. Bush. We all know what happened with that decision,” Kerry…
We are optimists here. Ok…optimists on us…but not on the miscreants in DC. But we do worry as the fed makes the rich richer and leave the middle class dead by their maniacal 0% policy. But the real worry is in some of the statistics that have recently come out…and they are stunning! These numbers…
There are times where there is just not much to add. This is one of those times. Markets continue to inch higher with decent action underneath. We love quieter markets but this one is a little overdue for a little shake. Doesn’t mean it has to happen but paying attention. Less is more today. We…
First off, the NASDAQ,NDX and the mid-caps have cleanly broke above range. With Friday’s late move, the S&P and DOW have edged above range and even the small caps have edged above. The only major index to stay in range is the TRANSPORTS as higher oil has impacted a few names. These moves simply bring a good…
SOURCE: http://www.dailymail.co.uk/news/article-2960791/Commuter-swears-man-way-interview-man-recruiter.html
No complaints just yet. Market is due for a little stall or pullback but no biggie as of yet. In fact, we love quieter markets after a move up and that is exactly what we are getting so far. Our only other words are STAY WARM! We will have big market report over the weekend.
So the Prez is having a three day meeting on terrorism. But it has turned into nothing more than “why would they do such things?” We are sure we do not know of the meetings behind closed doors on what to do about the ever-growing Isis and their ever-growing list of death. We are somewhat…
2 Fridays ago, we told you we thought that bonds and the interest rate sensitive areas as well as gold and gold stocks should be avoided for now. We simply saw high volume drops from the highs or near the highs. Since, we have seen nothing but downside. At this juncture, bonds, utilities, reits and…
