Insights

Yesterday, Europe lost -4% and headed lower this morning but then turned around and finished mixed. That helped US stocks to open higher than they might have. They opened down -2.5% and have wobbled around since. Tomorrow is the big day this week because the German...

Stock and bond markets as well as banks are closed today. Europe might have wished it was as European stocks fell -4% on the day; Germany -5%. European banks lost 6%. Germany's Supreme Court rules Wednesday on the constitutionality of European bailout provisions and...

Sorry, I haven't posted as much lately. I have been busy fixing computer problems which I think are solved now. US stocks had trouble today getting the 1220 level on the S&P 500 stock index and ended down 1.1% - 2.5% today. European stock markets were mixed today as...

Stocks were up, gold was down, bonds were flat. Stocks are really overbought here and have reached a resitance level. Stocks probably need a breather or they will head down. That's not in stone - markets can stay overbought but odds are against significant further...

Bonds are up, gold is up 2%, stocks are down -0.3% Asia was higher and Europe was mixed. Speaking of Europe, take a look at the highest rates I know of right now:...

Stocks were up anywhere from 2.2% - 4.75% today, depending on the index. Banks were on fire again today. There is serious value-bin buying going on in Bank of America and some other large banks and insurance companies. I recently ran a search to see if any stocks were...

Someone I love is bi-polar. It serves as a real challenge for them, even on medication. The stock market has been strongly bi-polar but its cycles are extremely short, lasting only hours. That makes life very interesting for those of us who manage people's retirement...

The revised GDP # for 2Q/2011 was released today as 1.0% growth. That was lower than expectations of 1.4%. That follows 1Q GDP of 0.4%. Welcome to Japan, boys - 1% or less interest rates, a large and rapidly growing national debt, a poor stock market and awfully slow...

Stocks were up strongly in the US and Europe. The S&P 500 finished up 1.3%. Europe was up more, 1.5%- 2.6%. Asia closed earlier and was down. The only gripe with the rally today was that volume was fairly low. Remember too that 3 weeks ago we had a sharp 3-day rally...

Here are the #s: S&P 500 3.43% DJIA 3% Nasdaq 4.3% Sml Stks 4.9% Gold -3.75% I don't trust this rally in stocks today. It will have to prove itself by continuing significantly higher. A sharp one-day 5% rally is not uncommon in a bear market. Usually, it is a small...