Friends Well, are you ready for the coming week? It should be very eventful. On Tuesday, of course, we have mid-term elections. On Wednesday, we get a clue as to what the Federal Reserve intends to do with regard to “Quantitative Easing” and then on Friday, we get the...

Friends The last four quarters remind me of the movie Groundhog Day, where the same scene plays itself out over and over again. In our case, the scene is earnings season. Share prices seem to rise before earnings are released, and then sell off for a day or two after...

Friends Quite a wild day in the market today. After the close yesterday, we got earnings from tech giants IBM and Apple. Though both beat published estimates and had very good revenues, their shares sold off in after-hours trading and continued down this morning. You...

As I listen to the Federal Reserve Chairman speak this morning, it becomes more clear that the Fed is determined to do anything necessary to prevent the economy from slowing even further.  Dr. Bernanke is making it clear that even though they are considering...

Friends, The unemployment number was just released this morning and the more things change, the more they stay the same. Yes, we did create a few private sector jobs, but the overall job loss was again disturbing, and a 9.6% unemployment rate will continue to weigh on...

Friends As I mentioned yesterday, the market just finished the best September that we have had in nearly 70 years. The third quarter was also a good one for the market averages. With that behind us, where does the market go from here? The coming quarter will be...