Last week was a pretty good one, despite the hoops we had to jump through – FOMC, Greece and expiration – to get to Friday’s close. The NASDAQ 100 rose 1.32% and Standard & Poor’s 500 (SPX) tacked on about ¾%. Friday’s expiration and FOG (Fear of Greece) resulted in some profit taking ahead of […]
When you read the box score for a sports game you really don’t get a feel for what took place on the field. All that you obtain is the bottom line, the final score. While the bottom line, i.e. the closing prices, is important in the world of investing, the ebb and flow of activity […]
Apple (AAPL), CBOE Volatility Index (VIX), Dow Jones Industrials (DJIA), NASDAQ Composite (IXIC), ProShares Ultra Short Gold (GLL), S&P 500 (SPX)Friday was not pretty. It was the markets’ version of reverse peristalsis. It happens every occasionally. This time around, the causal stimulus was emerging markets anxiety. As I mentioned on Friday morning, it was a time for caution, but not panic. Unless you were 100% in cash before the day began, Mr. Market took its […]
Apple (AAPL), Freeport McMoRan Copper and Gold (FCX)The markets bent but did not break yesterday. The Standard & Poor’s 500 (SPX) at its worst declined over 24 points or 1.34%, only to close off 16.4 points or 0.89%. Initially the raison d’etre for the selloff was attributed to earnings and economic data. However, problems in the emerging markets are beginning to bubble […]
McDonalds (MCD), S&P 500 (SPX)You might be thinking that the investment news so far this year is that the major indexes have fallen in the first three trading sessions. There is the theory that some belated or deferred selling took place on the first trading day of the year, which has some merit. There is also the fact that […]
Jet Blue (JBLU), ProShares Ultra Short Gold (GLL)