My Gut Feeling for Today, April 4, 2013 ($$)
I have said repeatedly that the one risk to the market rally would be an exogenous event. On Tuesday, the markets negated Monday’s declines and were prepared to continue their rally on Wednesday. Then...
View ArticleMy Gut Feeling for Today, April 10, 2013 ($$)
I returned last evening from my trip to the Land of Dixie for what had to be the most exciting NCAA Men’s Basketball Final 4 ever. The southern hospitality was fantastic as well. You can see some of my...
View ArticleMy Gut Feeling for Today, April 24, 2013
It is official. We have now taken Speakers’ Corner and put it on the internet. Except now we call it Twitter. Speakers’ Corner is an area in Hyde Park London where free speech and open public debate...
View ArticleMy Gut Feeling for Today, May 2, 2013
Yesterday was one of those days when the stock market was the dog and the bond market was the tail. Apple’s (AAPL) huge $17 billion bond sale on Monday, which was highly oversubscribed and successful...
View ArticleMy Gut Feeling for Today, June 21, 2013
I have two confessions to make. First, I did not watch the markets yesterday. Rather, I was watching an NSYNCH concert because it appeared that every asset class was move in synchronization. I could...
View ArticleMy Gut Feeling for Today, July 24, 2013
In 1959, Mickey Mantle, arguably one of the greatest baseball players ever, had for him a lousy season. That year he failed to hit .300 (he hit .285), walked less than 100 times, drove in 75 runs and...
View ArticleMy Gut Feeling for Today, July 25, 2013
Over the course of the last nine trading sessions, the S&P 500 (SPX) has on a closing basis, risen or fallen less than nine points on every trading session. During that period of time the index has...
View ArticleMy Gut Feeling for Today, July 29, 2013
The streak of moderate movement for the S&P 500 (SPX) in which the index has risen or fallen less than nine points was extended to eleven trading sessions on Friday. That index is now within a few...
View ArticleMy Gut Feeling for Today October 30, 2013
Today is the penultimate day of October, a month which has continued to print new highs in the major indexes, with of course the exception of the NASDAQ 100 (NDX), which still needs about a 35% advance...
View ArticleMy Gut Feeling for Today November 8, 2013
What does the market do when it gets good economic news? It sells off. We are catching a case of the good news is bad news syndrome. GDP rose 2.8% in the 3rd quarter (on first blush). The economy added...
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