Good morning. Happy Monday. Happy New Year. At this time last year, everyone thought the world was coming to an end…well at least the financial world. And here we still are. The financial world didn’t just survive, it thrived – albeit with a huge bailout and backstop from the government. The Dow moved up 19%, […]
Before the Open (Dec 31)
Good morning. Happy Thursday. Where has the time gone? Has it really been 10 years since the millennium? After a horrendous start, 2009 will turn out to be a very good year. The world didn’t come to an end, and solid across-the-board gains will be posted.
Before the Open (Dec 30)
Good morning. Happy Wednesday. We entered this week with the trend being up and all the indexes at their highs. So far nothing has happened to change that, but nothing has happened to reinforce it either. The market hasn’t moved much this week and volume has been light. We’ve had many stocks move to their […]
Before the Open (Dec 29)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up; the European markets are currently up across the board; futures here in the States are up a couple points.
Before the Open (Dec 28)
Good morning. Happy Monday. Hope you had a nice long weekend. The market has rallied 5 consecutive days and 10 of the last 12. Not bad. All the indexes are at new highs – a couple have broken out and would be considered in new moves although volume last week was light.
Before the Open (Dec 24)
Good morning. Happy Thursday. Happy Christmas Eve Day. Half the world markets were closed today; of the ones that opened, gains were/are being posted. Futures here in the States are up a couple points.
Before the Open (Dec 23)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across the board; Europe is mostly up although gains are not great. Futures here in the States point towards a gap up open.
Before the Open (Dec 22)
Good morning. Happy Tuesday. The Asian/Pacific market closed mostly up – China lost 2.3%. Europe is currently mostly up. Futures here in the States suggests another gap up open for the cash market.
Drop in inflation should bring DROP in crime
by Tom McClellan of www.msoscillator.com In his book, “The Tipping Point,” Malcolm Gladwell makes the argument that the drop in crime in New York City during the 1980s was brought about by then-Mayor Rudy Giuliani’s increased emphasis on little things, like making building owners clean up graffiti, or fixing a broken window. The hypothesis is […]
Before the Open (Dec 21)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down; Europe is currently up across the board. Futures here in the States point towards a moderate gap up open for the cash market. This comes off a down week where the market was strong Mon and Fri and week […]