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 2010
Weekly Stock Market Update for December 27, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Give what you have to somebody; it may be better than you think.” – Henry Wadsworth Longfellow SPENDING & WAGES UP, SAVINGS RATE TICKS DOWN Last week, the Commerce Department reported a 0.4% gain in personal spending and a 0.3% gain in personal incomes for November. The [...]
Weekly Stock Market Update for December 20, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “It is not the years in your life but the life in your years that counts.” – Adlai Stevenson OBAMA SIGNS TAX DEAL INTO LAW President Obama signed the 2010 Tax Relief Act into law on December 17 after overwhelming passage in the House and Senate. The [...]
Weekly Free Market Update for December 6, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Nothing will ever be attempted, if all possible objections must be first overcome.” – Samuel Johnson JOBLESS RATE INCREASES BY 0.2% Unemployment hit 9.8% last month. The latest Bureau of Labor Statistics report said the economy only created 39,000 new jobs in November; economists expected three times [...]
Weekly Free Market Update for November 1, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “One loyal friend is worth ten thousand relatives.” – Euripides WALL STREET AWAITS QE2, CONSIDERS 3Q GDP Yes, QE2 – that is the media nickname for the expected second round of quantitative easing from the Federal Reserve, a move which could boost long-term bond prices and lower [...]
Weekly Free Market Update for October 25, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Life is the art of drawing without an eraser.” – John Gardner FED & CONFERENCE BOARD SEE MODEST GROWTH The Federal Reserve’s latest Beige Book came out last week, and 8 of the 12 regional Fed banks reported economic expansion in the anecdotal survey covering September and [...]
Weekly Free Market Update for October 18, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “The hardest tumble a man can make is to fall over his own bluff.” – Ambrose Bierce CPI UP JUST 0.1%, PPI ADVANCES 0.4% In September, consumer prices barely increased – in fact, the core Consumer Price Index was flat for the second month in a row. [...]
Weekly Free Market Update for October 12, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “The digital revolution is far more significant than the invention of writing or even of printing.” – Douglas Engelbart JOBS REPORT COULD PROMPT FED RESPONSE The U.S. economy shed 95,000 non-farming jobs in September – mostly government jobs, according to the Labor Department. Economists surveyed by MarketWatch [...]
Stock Market Investing Update for October 4, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “There is only one happiness in life – to love and to be loved.” – George Sand CONSUMER SPENDING UP 0.4% August personal spending beat the 0.3% gain forecast by economists polled by Bloomberg News. Personal income was up 0.5% for August, the biggest monthly gain of [...]
Weekly Free Market Update for September 27, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Successful people ask better questions, and as a result, they get better answers.” – Anthony Robbins EXISTING HOME SALES IMPROVE The National Association of Realtors reported that existing home sales rose 7.6% in August, a rebound from July’s record low. Separately, the Commerce Department said new home [...]
Weekly Free Market Update for September 20, 2010
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “It is good to have an end to journey toward; but it is the journey that matters, in the end.” – Ursula Le Guin CPI, PPI RISE MODESTLY According to the Labor Department, the Consumer Price Index rose 0.3% in August while the Producer Price Index advanced [...]