Does the old stock market cliché have any credibility in 2012? An old stock market dictum says that spring is for profit-taking, or at least a time to reduce your exposure to equities. In the classic market psychology, you “sell in May and go away” with the belief that stock prices will plateau or retreat [...]
Archive for December, 2009
Weekly Market News for the Week of December 28, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Wise men make more opportunities than they find.”– Sir Francis Bacon Another strong consumer spending gain. The Commerce Department announced consumer spending rose 0.5% in November, following a 0.6% increase in October. Personal incomes rose in November by the most in six months.1 Hashing [...]
Weekly Market News for the Week of December 21, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Friendship marks a life even more deeply than love.”– Elie Wiesel Interesting inflation figures. November data shows a 1.8% year-over-year gain in the Consumer Price Index. That’s the first positive 12-month change since February 2009. Core CPI was flat last month; it had risen [...]
Weekly Market News for the Week of December 14, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Live in such a way that you would not be ashamed to sell your parrot to the town gossip.”– Will Rogers We’re buying more. Retail sales rose 1.3% in November, and that is the third increase that the Commerce Department has measured in that [...]
Weekly Market News for the Week of December 7, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Imagination is the eye of the soul.”– Joseph Joubert Joblessness at 10.0%. This November figure is improved from October’s 10.2% mark. Another bright spot: payrolls slimmed by just 11,000 jobs last month. (Analysts expected a reduction of around 125,000.) Are we on the verge [...]