A new day and shortly a new year; what will it bring?
Humans love to extrapolate in order to predict the future, but at times major shifts happen that set events on a totally new course. That may happen in 2014 and we have to be prepared. [...]
Everything is coming up Roses
Good fundamentals are prevailing! The economy is now stronger than many expected. Profit projections for next year are excellent. Housing is recovering, domestic energy [...]
Still on Track
Although good fundamentals continued to fall into place, the stock market last week did not cooperate. There are many signs that the economy is picking up steam; two examples are recent [...]
Breaking Good
Perhaps because so many investors were traumatized by the 2008-2009 financial crisis, the prevailing mood and expectation has been for events to turn out badly. If there is a half empty, rather [...]
Are we at the top yet? Not neccesarily. Prepare for a longer than projected climb.
Now that we are past the barriers of large round numbers, we expect a continuation of the rally we have been experiencing. This is a low volatility rally (the best kind), that is capable of [...]