Friends The “Teflon” market continues to climb the “wall of worry”. Bad consumer confidence numbers this morning coupled with awful housing numbers, did not deter traders from buying stocks today. The S&P 500 closed above 1319, right at a resistance level. 1323 is the...

Friends Impressive, is the best term I can use for the resiliency of the stock market over the past few weeks. Talk about a lot to deal with. We’ve had strife in Egypt and then Libya, the devastation in Japan, and now we’re focusing, again, on the European debt crisis...

Friends I hope you had a nice weekend and enjoyed the beautiful weather. I don’t want you to think that the only time you hear from us is on down days, so I am happy to report that stocks enjoyed a 178 point rise in Dow Jones Industrial Average closing well above...

Friends Friday was a day full of moves as we had the G7 central banks overnight agree to a coordinated intervention to keep the Japanese Yen from continuing its climb. As the Japanese currency rises vs. other currencies, it becomes more difficult for Japanese...

Friends How about a little pep talk at this point. After days of delivering bad news (and today isn’t any better with the Dow down 242 points), I want you to remember what our mindset was, just two years ago this month. Remember, we had experienced the second 50% drop...