Quantcast
949-715-4100

Taking Stock

Here Comes Santa Claus Holiday shopping got off to a mixed start. Traffic was weak at Gap, Old Navy and Chico’s and up at TJX (TJX-$70), the global leader in off-price apparel and home fashions. Costco (COST-$165) stock is trading near all-time highs as same-store sales were up...

Taking Stock

The Bipolar Stock Market  Stocks fluctuate in the short-term largely in response to psychological or emotional reactions to events affecting companies or the economy. Lately, nervous investors and traders have overdone this, driving the stock market into a bipolar disorder. This...

Taking Stock

Shopping For Blue Chips Halfway through the fourth quarter and investors nervously anticipate both the Federal Reserve meeting in mid-December and the critical retail shopping season. Stock prices are reacting selectively to company news rather than as sectors. Macy’s (M-$40),...

Taking Stock

It is a Happy Halloween! Stocks are greeting Halloween with a strong October, up around 5% since the end of August. Other than companies dependent on oil and gas prices and some exporters whose sales are pressured by the strong dollar, most stocks are showing increasing strength....

Taking Stock

Is the Rally for Real? Another week of cautious progress by stocks is keeping their October rally alive. The market needs another 3% to get into positive territory for all of 2015 and I believe this has an increasing probability of success. Prevailing worries focus on actual news...

Taking Stock

Feeling For The Bottom Stocks finally struck some sparks of light after a wretched quarter. Whether these can relight a fire under the market remains to be seen but initial results are encouraging. A disappointing employment report actually lifted stocks as hopes revived that the...

Taking Stock

Real News Needed Stocks closed the quarter with a badly needed up day. Despite that last-minute boost, they still ended the third quarter down 7% on the S&P 500, which left them also down 7% for the year-to-date. This quarter was the worst in four years and the best thing...

Taking Stock

Staying On Course The seas remain choppy and the winds variable but there are signs the storm is blowing itself out. After a discouraging week, as soon as the markets reopened after Labor Day, stocks came through with a strong, surge that lifted my portfolio stocks 3% in a day....

Taking Stock

What To Do Now? Stock market “corrections” remind me of coming down with the flu. I feel awful, nothing will help and it seems it will never end until one day when I realize it’s over and I feel fine. It wouldn’t feel any better if my doctor had described the flu ...

Taking Stock

Down, Up And Sideways Stocks finally snapped a six-day losing streak with a 619-point rally on Wednesday. That’s a start but the market still needs to reestablish a firm footing if we will see positive returns for 2015. Stocks then extended their one-day rally with a three...

Taking Stock

The Breezes Of August The stock market made a strong recovery after sagging for almost two weeks, than plunged again on news that China had devalued its currency. Market followers usually overreact to news and the surprise 1.9% devaluation of the Yuan interrupted a strong rally...

Taking Stock

Stocks For Going Steady Once again, stocks slumped for several days, prompting the media to sound storm warnings. Led by tech and biotechs, stocks then caught their breath, put together a string of rallies and reassumed their uptrend. These elastic rebounds are remarkably...

Taking Stock

The Third Year Theme This, the third year of the presidential election cycle, has historically been very favorable for the stock market. That’s good news as stocks are still having trouble sustaining traction. Led by Apple and Google, the NASDAQ over-the-counter stock average...

Taking Stock

Experience, Investigation And Action Predicting the future is a popular activity. Less favorable results come from the overly confident. Several years ago the CEO of Microsoft dismissed the iPhone for its high cost and lack of a keyboard. He said, “There’s no chance that the...

Taking Stock

Power Stocks Stocks finished the June quarter with a whimper. As the simmering Euro crisis with Greece finally boiled over, markets dipped everywhere and then began coming back when investors realized that most other economies would easily survive the possible failure of the...