JUST LETTING YOU KNOW… Today, I’m going to say to you, pay no attention to the Dow. The market was much worse than the Dow. The Dow as down 2. The S&P was down 4 – worse than the Dow. The Nasdaq was down 12. But for me, the real story was the Russell 2000, [...]
Archive for the 'Dow' Category
03/02/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
FRANKLY, I THINK 7 TRILLION IS LOW
Just one man’s opinion. Ok…I agree 100%. And frankly, I think 7 trillion is low. Was watching Wilbur Ross recently. He said that in the past few months, there has been 99 instances of stimulus around the globe. Wilbur is usually correct. The question: what will be the final outcome of all this interference? Article [...]
01/30/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… In case you don’t…on Friday I said it was actually a good day in the market when the Dow was down 74. Well the Dow was down again today and it was still a very good day. Not as good a Friday, but I’ll explain why it was a good day. [...]
01/27/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… Today was a very good day in the market. Yesterday, I said the market’s looking a little tired here and maybe it’s gonna pull back. Well, the Dow was down 74 today. Pullback? Gary doesn’t think so. That was a fake number. All they did today was sell off all the [...]
IF THIS IS ARMAGEDDON?
This past weekend, I received no less than a couple of dozen emails asking me just about the same question. Should I sell everything in case no deal gets done? Frankly, I don’t blame them for asking. After watching the mainstream media trying to scare the crap out of everyone over the weekend with Armageddon talk, one would have [...]
IS GREECE THAT IMPORTANT?
The “another life preserver for Greece” has markets feeling it. The EURO is strong which means the DOLLAR is smoked. This has markets juiced as the weak dollar/strong markets correlation continues. Overall, major indices remain in the same multi-month trading range I have been talking about but now, technically, the major averages have a chance [...]
THE WEEK STILL ROLLING
A very strong and much better-than-expected PMI has the juices still flowing. All good news. Recent action should serve as a lesson as you never know what can come of a market putting in a low or putting in a high. Just to backtrack…last Friday, I wrote that major averages were on the cusp of [...]
