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I Can’t Think Of Anything To Stop This Market In The Short Term
Reading Time: 7 minutes4 weeks ago (Tue 4/9, “Back to Reality – Earnings Season Kicks Off”), I was skeptical that markets could power through what looked to be an upcoming disappointing earnings season. I quoted E.S. Browning from the Wall Street Journal that…
A Letter From Uncle Ben!!!! Uncle Ben Wrote Us A Letter!!!!
Reading Time: 2 minutesIn a letter from Monday released this afternoon from Fed Chief Bernanke to Senator Charles Schumer Bernanke assured the Senator that the Fed was “closely monitoring developments in financial markets” and “is prepared to act as needed to mitigate the…
Technical Damage Mounting, Sentiment: Just A Correction, Value > Growth II, AVGO Earnings
Reading Time: 7 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
The Lows For The Year Are In
Reading Time: 4 minutesIt’s my opinion that we’ll look back at last week as the 2008 trading low (not to be confused with a market bottom) before a harsher downside comeuppance arrives next year. – Todd Harrison, “Have we seen the 2008 trading…
Analyst Quotes On Financials
Reading Time: 2 minutes“These companies don’t own factories, they don’t own hard assets, it’s a confidence game. If you don’t believe the numbers, it’s hard for us and others to get involved. All you need is a little change in their reserves and…
Top Gun FP Client Note: After Euro-Phoria
Reading Time: 5 minutesNOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…