The major theme investor’s must take note of this week is one of global recession. Japan’s GDP (Gross Domestic Product) contracted for a third straight quarter and market activity in the Euro-Zone plunged at its fastest rate since the ’08 crash. Germany, the EU’s largest market economy, fell at an annual pace of 2.3% while...Read More
The most important market activity to note came from the commodity market this week. Gasoline prices shot up by a significant 14 cents per gallon in the five-day work week – and with a wintery-bluster wreaking havoc in a frigid northeast, home heating oil is poised to rise. Higher energy prices affect almost every required...Read More
Feb 02, 2013 The Dow Jones Industrial Average leaped over the 14,000 mark on more fluff-and-puff from the Wall Street establishment – and its trusted ally, the mass media propaganda machine. This is exemplified most clearly by CNBC’s Jim Cramer, who said last night (February 1, 2013) on his primetime show, “If your stock portfolio...Read More
The Bizarro World continued in money and finance this week with the Dow Jones Industrial Average posting another 2% gain. The Average is up 8% so for this year while Strength continued to slide. The 15-51 Indicator, a portfolio built with superior 15-51 construction and designed to produce above-average market returns, once again moved in an opposite...Read More
The stock market Average added more fluff to its value again this week, posting a triple digit gain and raising its year-to-date advance to 4.2%. The Dow, now at its 52 week high and peeking above the action-zone high, has officially re-entered the dangerous territory called “irrational exuberance.” Investors take note. Stock market Strength continued...Read More
Stocks ended the year on an up-note and didn’t look at all worried about going over the “fiscal cliff.” The Dow Average rose 166 points on the last day of trading and ended up 7.3% for the year. The 15-51 strength Indicator added 3.1% on the last day of 2012 action and finished the year...Read More
First things first – absolutely nothing has been solved with recent Congressional action regarding the farce called the “fiscal cliff.” The so called cliff has not been averted, the fiscal standing of the United States has not improved, and the Market is not better off.—Fact. To demonstrate one of the great hypocrisies of our time, Congress raised...Read More
The events in Sandy Hook, Connecticut, on December 14, 2012 struck me in a very personal way. It is the home of my wife and family, and the school system that educates our children. It also is my place of work. My office window overlooks the now famous intersection that leads to Sandy Hook Elementary...Read More
Strength continued to soften this week with the 15-51 Indicator losing another 5%; it’s down 16% from its September 19th top. The Dow, while adding 1% this week, has shaved off 3% from its high point this year (October 5th). Both have posted modest gains for the year thus far. Here’s the picture. End of year...Read More
In my book I detail five critical market indicators – items that directly impact stocks valuations and the future course of investment – and taxes are one of them. A debate about tax policy is going on right now in America and, unfortunately, the topic is being clouded by a manmade crisis called the “fiscal cliff.” Before...Read More
