• Home
  • Meet Scott
  • My Gut Feeling
  • In The Media
    • Financial Expert Scott Rothbort On TV
    • On The Radio
    • Facebook Feed / Upcoming Media Appearances
    • Stock Trading Commentary On Scutify
  • Private Wealth Management
    • Scottrade Adviser
    • Investment Strategies
    • Integrated Wealth Management
    • Financial Retirement Planning
    • Selling Of Business
    • College Savings Accounts
    • Expert Witness & Testimony
  • Contact
  • Home/
  • China Economy & Market/
  • My Gut Feeling For Today December 23, 2013

My Gut Feeling For Today December 23, 2013

December 23, 2013 / scott / China Economy & Market, Economy / No Comments

A beneficial combination of strong 3rd quarter GDP and quarterly derivatives expiration resulted in markets vaulting to new all-time highs. While we are now in the midst of the year-end holiday doldrums, there are reasons to believe that the markets can forge higher, not only through the dropping of the ball on New Year’s Eve but into the New Year.

What is likely to propel the markets today is news from China. First, the Chinese benchmark interest rate traded lower, a positive sign that China is looking to stimulate its own economy. That’s the macro news. The micro news is that China Mobile (CHL) has agreed to sell Apple (AAPL) iPhones. That bit of news helped to propel US futures higher overnight and will likely result in a strong bid in Apple shares when trading commences.

Unfortunately, I am going to have to cut my day short today. The mother of a close friend passed away and I will be attending the funeral late in the morning. Later on we have shiva (condolence) calls to make to his family and then another friend who also lost a parent. This comes after a similar visit today. They say things occur in threes. Of course, I will have my own iPhone with me at all times to keep an eye on the markets.

__________________________________________________________________________________ 

Disclosure: At the time of this commentary Scott Rothbort, his family and/or clients of LakeView AssetManagement, LLC was long AAPL — although positions can change at any time.

LakeView Asset Management, LLC is a registered investment advisor specializing in high net worth private wealth management. For more information on investing with LakeView Asset Management, LLC call us at 888-9LAKEVIEW or request more information by clicking on the contact button on the top right hand corner of the website                                                                                        

Scott Rothbort is also the publisher of the LakeView Restaurant & Food Chain Report, a newsletter focusing in on food, restaurant and agricultural stocks. A subscription is included with a paid Platinum Membership to Wall Street All-Stars or an individual subscription to the newsletter which can be ordered at www.restaurantstox.com 

Read Scott’s intra-day thoughts and comments on Scutify 

You can email Scott at scott.rothbort.lakeview@gmail.com

Share this with a friend!
Apple (AAPL), Gross Domestic Product (GDP)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sample of My Gut Feeling on Bloomberg Radio

Financial Podcast With Scott Rothbort

Listen to more radio broadcasts

Search My Gut Feeling

My Gut Feeling Archives

January 2021
S M T W T F S
« Dec    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

LakeView Restaurant and Food Chain Report

restaurant stock report
  • Listen to Scott On The Radio
  • Scott’s Facebook Feed
  • Watch Scott’s TV Appearances

Contact Us

  • (888)-9LAKEVIEW
  • (702) 749-9343 or (973) 564-8139
  • investlakeview@gmail.com
  • scott.rothbort.lakeview@gmail.com
  • Contact Us
    • Facebook
    • Twitter
    • Linkedin

Signup For “My Gut Feeling”

Latest From Scott

  • My Gut Feeling For 2020 – A Look Back
  • Scott Rothbort’s 10 Things I Won’t Miss About 2020
  • My Gut Feeling For Today, December 17, 2020: Heading Down the Homestretch
  • My Gut Feeling For Today, December 9, 2020: Materials and Vaccines
  • My Gut Feeling For Today, November 9, 2020: Scenario 2 It Is
(c) 2013 - 2017 LakeView Asset Management, LLC. all rights reserved, 526 Carnforth Drive, Henderson, NV 89014 | Toll Free: (888) 9-LAKEVIEW I Website Disclosure