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My Gut Feeling For Today, August 30, 2017: Markets Survived August and Harvey

August 29, 2017 / scott / Housing / No Comments

As the sun sets on the month of August, before we enter this penultimate trading day, the Standard & Poor’s 500 (SPX) is off just about 1% for the crazy eighth month of the year. We had some exogenous events to contend with – Hurricane Harvey and the North Koreans firing missiles once again. However, […]

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My Gut Feeling For Today, June 10, 2016: Doing the Rope-a-Dope

June 9, 2016 / scott / Housing / No Comments

The best way to describe this week’s market action, is in terms of the late great Muhammad Ali. Ali’s weaving and bobbing was called the “Rope-a-Dope,” in which he danced like a butterfly, avoiding any devastating punches from his opponent. Since Monday. the market has been in Rope-a-Dope mode, shuffling from side to side, scoring […]

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My Gut Feeling For Today, June 24, 2014: Housing Data Highlighted Today

June 24, 2014 / scott / Housing / No Comments

In a photo finish the S&P 500 (SPX) declined for the first time on a Monday since early April. The day’s decline was a paltry 0.01%, nothing worth pulling one’s hair out over. Yesterday’s market action was typical of the recent strength of the equity markets which is characterized by shallow pullbacks and streaky advances […]

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My Gut Feeling For Today, February 25, 2014: Bitcoin On Life Support

February 25, 2014 / scott / Bitcoin, Housing / No Comments

The stock market really surged from the get-go yesterday with the S&P 500 (SPX) making an all-time high on an intraday basis and then backing off to close slightly below its all-time closing high. I would not get all hot and bothered over the profit taking that took place. As for today we are set […]

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Latest From Scott

  • My Gut Feeling For Today, February 7, 2019: What We Learned From December 2018 and January 2019
  • My Gut Feeling For Today, January 29, 2019: It Is All About Guidance
  • My Gut Feeling For Today, January 22, 2019: Understand the Difference Between News and Factual Information
  • My Gut Feeling For 2019
  • My Gut Feeling For 2018 – A Look Back
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