NEW YORK (MarketWatch) — Charles Allmon is back (well, 50%) in stocks. But he won’t say the bear market is over. The sage of Growth Stock Outlook, which he founded in 1965 and was one of the first investment letters monitored by the Hulbert Financial …
Perhaps a post later in the day………….
I am taking a little off the table. I have a few runners and have placed stops a couple of points underneath last sale. I want to lock-in here as the market become over bought.
The Markets As flu fear subsides the futures rally. A higher opening is indicated. As noted here many times over the last few weeks, this market shows tendencies to accept higher levels of risk. That is seen in higher and stronger closes, sideways action in …
It is long time until the NYSE opening but I’ll take a +1 1/2% Tokyo opening. It is always interesting to see it it holds overnight. Had a great sail today. Out from Wrightsville Beach for about twelve miles. Winds out of the south, a …
The Markets With almost 170 companies reporting today it is almost impossible to accurately judge the direction of stocks. Early look at futures indicate a down opening. Most, if not all, reporting companies are showing lower sales. Some are reporting better than expected earnings but …
Sidebar Is this where we are headed? http://bit.ly/yEu0B Wonder how the Street works? This is a longish article but I loved it, perhaps because I know, or know of, many of the players. Unfortunately, this IS how Wall St works. It is easier to read …
Having trouble with computer.
The Markets It was a better day than the Dow averages would have you believe. The S&P was up 1/2%, volume was good, advance/decliners positive, new highs better than new lows and until the last fifteen minutes the trend had been up. Another consolidation day …
Asia is up pretty big. In US, Google and JP Morgan had pretty, pretty good reports. There is some serious talk about a bull market in the making. Still holding my breath as I add to positions as well as head into the dreaded financials; …