Archive for category: Market Commentary

Climbing

Climbing

Friends Stocks continue to advance as earnings reports are good enough, economic news is at least not too bad, and cash seems to need somewhere to go. The bulls are charging toward 14,000 on the Dow and the S&P seems to have cleared 1500 without much resistance. Today’s consumer...

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Who Needs Apple Anyway?

Who Needs Apple Anyway?

Friends Despite an absolute drubbing of shares of Apple, stocks continue to climb higher. No, Apple’s earnings weren’t all that bad, but the same analysts that were falling all over themselves predicting a price target of $1000 per share, are now insisting that without some new “wow” product, the...

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Earnings Rolling In

Earnings Rolling In

Friends Both Google and IBM delivered very nice earnings reports after the close yesterday and helped spur the Dow Jones Industrial Average to a new five year high and just hundreds of points shy of all-time highs. After the close today we will get the earnings of Apple, among...

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Train Keeps Rolling

Train Keeps Rolling

Friends Despite the consumer sentiment number coming in a little soft this morning, stocks continued to roll to new 5 year highs. Again, the most hated bull market of all time continues to confound the bears and amaze those who have been spectators on the sidelines for years. Indeed,...

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