JUST LETTING YOU KNOW Our job is look at the market each day and identify the major trend. There are times when there isn’t any major trend and the market just futzes around, basically getting everybody upset, both and bull and bear. And we’re in what I would call one of those times. We topped [...]
Archive for the '50-day MA' Category
12/04/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
12/03/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW November 16 was a Friday. That day the market was in a fall into that day. That day was getting real ugly. And on that day we had something called massive put buying. The whole world was buying puts on the market, betting on further downside AFTER a big drop. And [...]
11/29/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW I could do 20 shows on the Fiscal Stiff. I ask myself, is it worth it at this point and in time? And I don’t know what to say. Just remember what I’m been telling you for years. They were going to spend it first and come after the money second. [...]
11/21/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW The market really didn’t do anything yesterday, but here’s the good news. Very simply, the low we just saw is a good low for now. What does that meant to me? Weeks. And I would not be surprised if we continue bouncing a little higher into the end of the year. [...]
11/13/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW The market simply is in no man’s land right now. It’s a place where the market’s gotten hit. But interestingly enough, I’m going to take a short-term view of today’s action in with the rest of the view. Because out of the short-term action, you can actually get a feel for [...]
11/07/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW As you know, I thought Mitt Romney was going to win the election. Though, I did say in the past couple of days, that it really tightened up. But last night as I was watching, I saw that a swing state went very quick. And the first thing I said to [...]
11/01/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Some Good News on Today’s Action The Dow was up 136 today. The only weakness was in Walmart, which is kinda sorta breaking down on a near-term basis in the Dow. I thought we’d come back strong yesterday because Europe and Asia were actually strong coming in and I was wondering [...]
10/26/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW It was not the most thrilling week. And it was not the most thrilling end of the week. But markets do not go straight up. They do not go straight down. But, for sure, quite enough has happened in the past couple of weeks that gives me some pause. Remember what [...]
10/25/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW We’re now really getting past the meat of earnings season. And to say the least, reaction has not been overall on the thrilling side. Apple Next quarter, the consensus expectations had been for Apple to come out and do 15.5 bucks vs. last year’s 13.87, which is not a great growth [...]
10/24/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW The Market Continues to Act Quite Poorly To recap, the Nasdaq broke the 10-week/50-day moving average. Dow and S&P which held up better, pulled back in to the 50-day moving average. We got a rally. But the Nasdaq only rallied up into it and failed. The Dow and S&P rallied up [...]
