This morning, Europe was strong and we gapped up. The news out of Europe was the same as the news we’ve been hearing for 18 months. They finally got “some sort of a deal.” I gotta tell you. I don’t think I’m even going to mention Europe anymore because I don’t know what the heck [...]
Archive for the 'Gaps' Category
02/01/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
THE NEW YEAR
This is the time of year where everyone is looking to hear all the gurus tell us their top ten picks of 2012 as well as their targets for the market. Well…the average strategist believed the market would be up double digits in 2011. The fact of the matter is that no one knows which stocks will do [...]
THE CUCKOO’S NEST
If I wrote a weekend report, I would have told you major indices broke out of a trading range on heavy volume. I would have told you pullbacks would be controlled and rotational. I would have told you to look at any pullbacks to buy into as a lot of areas turned the corner and were [...]
A FEW TRILLION GOES A LONG WAY
Back in late September, I was on a Fox Business show and was asked what I thought it would take to get the market bullish again. Tongue in cheek, I stated that maybe we wake up one day and the Fed announces a few trillion to just buy up the whole S&P. Well…not so sure [...]
CONTINUED WICKED ACTION
Gaps and reversals…reversals and gaps. Rumors about this and that! How does one play this market? Lightly! But after all the noise, I just continue to look for any changes. For someone who has been overall bearish for quite a while, I am always looking for light at the end of the tunnel. Here is [...]
