State of the Stock Market Analysis for the Week Ending June 12th, 2016 (Yellen Couldn’t Increase Confidence Levels 6-12-16) There were hopes that we could close out Friday with a win, but that was not to be the case, as all three of the major averages finished lower. The overall week was mixed and flat, with…
When I first got into this business, a mentor and friend taught me on one of my first lessons of the investment world and I’m going to share it with you now… This nugget of wisdom deals with understanding that there are two parts to every accurately predicted stock play. We had gone to lunch…
In a shortened week plagued by negative economic news, stocks were flat. Consumer confidence missed expectations as did the non-manufacturing PMI, and the week ended with the worst jobs report since the September of 2010. Friday virtually answered all the questions regarding a possible rate hike on the Fed’s next meeting. It’s hard to imagine…
State of the Stock Market Analysis for the Week Ending June 5th, 2016 (Stocks Soar Going Into Memorial Day Weekend 6-05-16) There was investor optimism going into Friday’s jobs report that we would get a strong employment report which would confirm that the economy was vibrant and that better days were on the way. After all,…
Do you remember the Universal Monsters? You’d be hard pressed to find somebody who doesn’t have a memory of Bela Lugosi’s turn in Dracula, Boris Karloff’s disturbing portrayal of Frankenstein’s monster or Lon Chaney Jr.’s incredible transformation from Larry Talbot into the Wolf Man… However, more people have more terrifying memories of the economy during…
Bulls finally got the rally that they were hoping for throughout May, after a three-week long grinding correction that tested the nerves of investors on Wall Street. The Gorilla remained confident all the way, as market internals signaled an orderly consolidation, and now it looks as though his patience will finally pay off. Bulls hope…
State of the Stock Market Analysis for the Week Ending May 29th, 2016 (Stocks Soar Going Into Memorial Day Weekend 5-29-16) Friday’s late-session lift was a great way to head into the Memorial Day Weekend. It topped off a very encouraging week for a stock market that has confidence levels rising. All of the concerns…
Just because somebody’s smart enough to build a fortune or a very large nest egg – doesn’t mean that they know everything there is to know. In fact… The odds are that many of the newly wealthy haven’t a clue as to how to manage their money once it reaches seven figures – and while…
The correction of the past few weeks continued on Wall Street, but interestingly stocks ended the week well above their lows, just like they did a week ago. Despite the mid-week weakness, the Gorilla thinks that the underlying trend remains bullish. The Nasdaq continued to show encouraging relative strength, and finally, small caps seem to…
They say if you want to be successful – find a successful person and try to imitate them. Sounds simple enough – but I can tell you from experience – it’s nowhere near as easy as it sounds. A better idea would be to study what makes a person successful – figure out their secret…
