Friends I hope everyone had a very nice Thanksgiving. Today marks the end of the month of November, so I thought I would pass on our thoughts for the month just ended, and take a look at what lies ahead of us. Stocks are ending the month virtually unchanged as...

Friends Bad news just overwhelmed the stock market on Tuesday, as the dust up in Korea combined with continuing European debt worries made up the problematic macro picture. On the domestic level, the continuing FBI probe into insider trading at many of the larger...

Friends The big news this week was the General Motors IPO (initial public offering) and basically it totally consumed the media and the market on Thursday. In general, the offering was a success, as the price came at the high-end of the expected range ($33) and...

Friends After yesterday’s failure to hold a 100 point rally in the Dow, the markets faced a barrage of difficult news this morning. First, China had a sizable drop overnight and then the continued European debt problems provided the fuel for an early morning selloff....

Friends, Well, the euphoria of last week’s election and Fed announcement sure did wear off this week. Both stocks and bonds have had a difficult week, and as has been the case in recent times, the direction of the dollar is the determining factor. Last night we got...

Friends Well traders sure did choose a side yesterday. The Dow Jones Industrial Average was up over 219 points on Thursday as the bears were caught waiting for the “sell the news” effect and got just the opposite. The just released jobs number came in better than...

Friends, Although politics is what is on everyone’s mind today, I would first like to comment on the very important Federal Reserve announcement. Dr. Bernanke again declared that the Fed is “all in” and will do whatever is necessary to make asset prices rise...