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 January, 2010
Weekly Market News for the Week of January 25, 2010
Presented by Mark Lund, The Investor Coach. Quote of the week. “Popularity: it is glory’s small change.”– Victor Hugo “Volcker rule” worries Wall Street. Investors frowned last week as the President talked of rules that would bar banks and bank holding firms from getting involved in hedge funds or conducting proprietary trading operations. Crafted with [...]
Weekly Market News for the Week of January 18, 2010
Presented by Mark Lund, The Investor Coach. Quote of the week. “Laughter is by definition healthy.”– Doris Lessing How about a too-big-to-fail tax? Last week, President Obama proposed a Financial Crisis Responsibility Fee – a tax on the largest U.S. banks to help repay $117 billion in TARP losses. Would banks respond to this populist [...]
Weekly Market News for the Week of January 11, 2010
Presented by Mark Lund, The Investor Coach. Quote of the week. “Wisdom is found only in truth.”– Johann Wolfgang Von Goethe Jobless rate stays at 10.0%. Hopes were high on Wall Street that unemployment would fall back to single digits, but at least things stayed flat for December. The positives: the 10.0% figure was better [...]
Weekly Market News for the Week of January 4, 2010
Presented by Mark Lund, The Investor Coach. Quote of the week. “Cheers to a new year and another chance for us to get it right.”– Oprah Winfrey Consumers think positive. The latest index of consumer attitudes from the Conference Board came in at 52.9 last week, surpassing the 52.5 forecast in a Reuters poll of [...]