Today, the awaited Jobs data was reported and reflected the tepid environment for growth we continue to be mired in. With a number of policies specifically designed to spur growth, such as investments in Education and Infrastructure and of course the infamous Quantitative Easing measures by the Federal Reserve have done nothing to substantiate […]
Today cautious investors who’ve been holding the market down since the debt ceiling resolve were finally beat out by the bulls. Investors who got in late in this market are still hesitant to sell, waiting for more gains which is another attribute adding to the bull market. Earnings Season kicked off with Google exploding past $1,000 […]
The Stance Your Country. Your Money. 11/8/2013. “The terrible thing about the quest for truth is that you find it.”-Remy de Gourmont Since September, we’ve seen a number of factors, including the threat of increased tension in the Middle East, worry over Federal Reserve Policy, government layoffs, and the budget showdown resurfacing from early summer […]
At the open, you would have thought that investors were beginning to price in what will eventually will be the biggest financial mess ever to face us as a country, united. The Dow opened with a 100 point selloff, but steadied throughout the day to finish flat at 15,300. Gold and Silver remained flat after […]
As expected, the government reached an impasse and concluded that a re-opening of certain government employees and extension for spending would be pushed until a December-January window. More of the same, for which we can expect to see in the coming weeks. The Dow pushed over 15,300 and S & P over 1,700 and commodities […]
This week, Republicans and Democrats square off for once and for all on debt-ceiling negotiations. We expect the market to fight through the volatility and push higher, bracing for earnings season. Of course, that is contingent on what we believe will be an eleventh hour deal to end the partial shutdown, move the budget […]
Yesterday, we saw the biggest one point gain for The DJIA of the year – during the same week when the cold bloodedness of a default on government debt payments was seen as real by average investors. This, if anything – is a case in point example of the unreasonable market we’ve all been neck […]
After the last few days of worry and clammoring in the market, we expect to see a correction to the upside over the next few days and while not linear, into the next few weeks. The Republicans are already saying that they are willing to reach a compromise on the debt for ‘more spending cuts’ […]
” ‘The crowd always loses’, wrote Mr. Fred C. Kelly in a noted work on the stock market in 1930. because the crowd is always wrong. (The believers in this rule are numerous enough to constitute a crowd, but of course anyone speaking of the crowd believes himself to be out of it.)” ‘Adam Smith’ […]
