I spent a nice long weekend in Philadelphia. I caught the University of Pennsylvania (that’s not Penn State)-Columbia basketball game (Penn won) at The Palestra with my Pi Kappa Alpha grand big brother Steve who just relocated back to Philadelphia. Then I spent a few days with my uncle (technically my first cousin twice removed). […]
- Home/
- Beverage Industry
My Gut Feeling For Today, September 24, 2014: September Is, As September Does
It just feels to me like the market wants to do what it usually does in September. That is put in a negative month. Most of the major indexes are off about 2% from recent and in some cases all-time highs. The small cap / growth Russell 2000 Index (RUT) is breaking down and retreating […]
My Gut Feeling For Today, February 7, 2014: Growth Rates Contracting for Social Networking Stocks
As I mentioned yesterday, the market was exhibiting signs of bottoming. So the markets delivered a decidedly positive session, never backing down and ended on the day’s high. It is very important for a true bottom to be in place that we get a day of strong follow through. If anything, today will be a […]
Social NetworkingMy Gut Feeling For Today, January 30, 2014: FOMC Tapers Yet Again
The Federal Reserve decided to scale back or taper its assets purchases by another $10 billion per month. I had expected the possibility of a pause but apparently, the December economic data was good enough to convince them that less stimulus was necessary. As expected, the market opened weak, rebounded a bit and then went […]
Facebook (FB), Google (GOOG), S&P 500 (SPX)