The theme has been the same for many weeks: Reasonable US data, bad news from Europe. We start each trading day looking at the latest headline and how the Euro is trading. While the US economy has shown improvement, the European story is a huge overhang. This is mostly because no one knows how to […]
The investing community goes back to work on Tuesday for a short week that could see plenty of action. Everyone is doing a review of 2011, so I tried to do something really different — The Year that Wasn’t! Please take a look at what might have happened (but didn’t) and offer your own take. […]
In the absence of fresh bad news from Europe, stocks managed some solid gains last week. Our trading model, Felix, reflected greater confidence than most traders and investors (including me). As noted last week I plan to focus on year-end matters, as well as enjoying time with family and friends. This is a somewhat abbreviated […]
Market forecasts are made for many different time frames. Peter Lynch focused on the long term, famously saying that he could not tell you the direction of the next 1000 point move in the market, but he could for the next 10,000 points. Our Felix model makes a three-week forecast, although we take a fresh […]
Now that the political leaders in Europe have acted, we are all left to wonder whether anything has changed. The framework is different, perhaps providing some comfort for the ECB if Draghi chooses to become more aggressive. The initial market reaction was positive, but everyone is still very cautious. You can still weigh in on […]