Insights

Fri 5/4/12 2:41 PM – Economic Deja Vu

The unemployment report came out today and was for the second month in a row, disappointing. The market headed lower but Europe was partly to blame as their markets had been down 1% by the time ours' opened. So far 2012 rhymes with 2011. In the 1Q of 2011 economic...

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Mon 4/30/12 4:50 PM – Natural Gas Prices May Have Hit Bottom

UNG, which is the ticker symbol for the US Natural Gas ETF is up 15% over the last 7 trading days from its record low. Natural gas prices hit $1.5 at that time. To buy natural gas directly you have to buy commodities, which I don't do, so I use UNG as a substitute. It...

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Mon 4/30/12 4:42 PM – Stocks Down, But Not Much

Stocks finished lower by 0.4% today (S&P 500 index) which was actually a pretty good performance considering Europe was down today Apple, which because of its size has tremendous influence on the S&P 500 index was down 3% today Stocks had run up nearly 4% in the...

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Fri 4/27/12 4:33 PM — Stock Outlook, GDP #s

U.S. stocks finished the week up roughly 3% on the S&P 500 index, more on the Nasdaq and small stock indexes. That gained back most of the decline so far in April. Europe was up a similar amount, Asia generally finished a little lower this week. For the week other...

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Thur 4/26/12 4:11 PM – Stocks Up

After a 4% correction since April 2, the last 3 days have been higher and have earned back most of that drop. "Can they push to new highs" is the question? The economic news has been disappointing this month but I think Ben Bernanke, the stock market's best friend,...

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Mon 4/23/12 4:37 PM – US Stocks Follow Europe Lower

The major European markets were down 2% - 3% today on two news stories - French President Sarkozy's second place finish in the first round of the French presidential elections and the impending collapse of the Dutch government over disagreemnts on austerity measures....

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Wed 4/18/12 4:01 PM – Down Markets Today

Asia had a good day today but of course they open and close very early. Europe was down over 1% today and that carried over to U.S. markets which closed down roughly -0.3% to -0.7%, depending on the index. Gold was down -0.6%, oil was down -1.4%. Bonds were also...

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