Where is the Correction?

Posted May 31, 2013 14:44 The month of May was a good one for stocks as the major averages rallied more than 2%. The notion of ‘Sell in May’ didn’t occur this month, as traders continued to buy stocks whenever an opportunity presented itself. The most important aspect...

A Look Ahead To May

Posted April 29, 2013 8:57 There are two scenarios that are possible for the month of May. The first is that the market continues its run higher and reaches new all-time highs. The second, which I find more likely, is that there is a 5% correction and the theory of...

An Earnings-Packed Week

Posted April 29. 2012 17:36 The biggest earnings story this week was the release of Apple’s earnings. Apple reported $12.30 per share on revenue of around $40 billion. As I said in my previous blog, there was no way that Apple was going to report earnings that were...