The Week Ahead Stock Market Update | May 31, 2016

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…

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Stocks Soar Going Into Memorial Day Weekend | May 29th 2016

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…

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Million Dollar Mistakes | From the Mind of the Gorilla

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…

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The Week Ahead Stock Market Update | May 23, 2016

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…

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The Market Leaves Investors Scratching Heads | May 22nd 2016

State of the Stock Market Analysis for the Week Ending May 22th, 2016 (The Market Leaves Investors Scratching Heads  5-22-16) It was one of those up and down weeks on Wall Street that left investors scratching their heads. We had good economic news and not-so-good economic news this week, but the bulls were pleased to…

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Warren Buffett’s Big Secret | From the Mind of the Gorilla

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…

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The Week Ahead Stock Market Update | May 16, 2016

Stocks ended a strange and mixed week on a negative note Friday, as investors cheered the better-than-expected retail sales and consumer confidence data. The week was strange as traders saw the dollar and price of oil soar together; a rare phenomenon indeed. The major indices ended in the red, but the Gorilla noticed encouraging signs…

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Consumer Sentiment Skyrockets | May 15th 2016

State of the Stock Market Analysis for the Week Ending May 15th, 2016 (Consumer Sentiment Skyrockets 5-15-16) It was a surprising Friday for the stock market, especially since investors were expecting a disappointing set of numbers in terms of retail sales and consumer sentiment. After all, last week’s dismal jobs report showed that just 160,000…

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Don’t Worry- Be Happy! | From the Mind of the Gorilla

It’s happening again. The talking heads on the boob tube keep bringing up scary terms like “pull back”, “bear market” and even “recession”… but are they right? Are we close to another bear market or even a recession? The short answer? Maybe… But don’t start selling off everything just yet – nor should you begin…

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The Week Ahead Stock Market Update | May 9, 2016

As the correction continued on Wall Street last week, traders have been looking for the reason of the recent downturn, and the Gorilla thinks he might just have the answer. The end of the earning season is drawing closer and the picture is not pretty. According to early aggregates, profits declined by 7% on average…

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