Jay Chernoff
Jay Chernoff's Latest Posts
PSB Monthly Issue December 2012
December 2012 KING OF THE ROAD I’ve been truly blessed to be afforded the experience of moving across country in my life. When I say it was both exhilarating and boring at times, many of you that have been on 1,000 plus mile road trips can relate. My first time across the US, I traversed […]
PSB Portfolio Update November 2012
November 15, 2012 Fiscal Cliff Sends The Markets Off A Cliff… I was just reading last month’s update and can’t believe what a difference a month can make. We were setting new highs in the Dow and S&P 500 just four weeks ago. Now here we are, mid-November, and the DJIA is testing support levels […]
PSB Monthly Issue November 2012
November 2012 A ONCE IN A LIFETIME OPPORTUNITY… It’s not every day you see the collapse of a major industry. But it’s even rarer to have the opportunity to buy what was once a $100 stock, for under $3! That’s what we have here – a once in a lifetime opportunity, to buy a major […]
PSB Portfolio Update October 2012
October 18, 2012 Earnings Are Taking Markets To New Highs… Boy, if you were making investment decisions listening to talking heads in the financial media, you may have sold at exactly the wrong time! Just a week or two ago, they were all rehashing issues such as Europe, China, and even US earnings. On the […]
PSB Monthly Issue October 2012
October 2012 OWN A PIECE OF A PRINTING PRESS… With QE3 underway, the Fed has started the printing presses up once again. What’s amazing is, this time around, it’s all about jobs. You see, the Fed is buying $40 billion in MBS products for as long as it takes for employment to see a significant […]
PSB Portfolio Update September 2012
September 20, 2012 Central Bank Stimulus “Stimulates” The Markets Well my friends, for the first time in recent memory, both the ECB and Fed delivered on their big talk. And boy did it send the markets flying higher. In fact, both the Dow Jones Industrial Average and S&P 500 indexes rallied to new 4½ year […]
PSB Monthly Issue September 2012
September 2012 A GOLDEN OPPORTUNITY… Just a short couple of months ago, you’d never hear me utter these word… “gold is heading higher.” At the time, it looked like gold was on a slide from 52-week highs set last September. Remember, gold hit an intra-day high of $1,922.50 on September 6th last year. In sharp […]
PSB Portfolio Update August 2012
August 16, 2012 Stocks Gearing Up For A Breakout Last month at this time, we talked about the pending rally in the major averages. I pointed out stronger than expected US corporate earnings had started the initial leg up. Also, a fresh batch of Chinese and US stimulus seemed to be the in cards. But […]
PSB Monthly Issue August 2012
August 2012 GET YOUR PORTFOLIO IN SHAPE… It shouldn’t be a surprise to see most industries in the US were radically changed in the latest recession. This could be seen in the widespread economic downturn that started in 2006 and carried on until last year. The latest recession certainly impacted more industries than you normally […]
PSB Portfolio Update July 2012
July 19, 2012 It’s Rally Time! Finally, it’s rally time! And there are three reasons we’re seeing the equity markets move higher this week. First, the latest round of earnings is coming in stronger than most analysts have forecast. In fact, roughly 70% of the 99 S&P 500 companies that have reported results so far […]
