EOT Update
EOT Position Update – November 16, 2011
November 16, 2011 Market Snapshot It’s another choppy week for stocks… One minute stocks look like they’re ready to break out and run higher. The next minute stocks are giving back those gains and then some. The whippy action is driving traders (including me) crazy! The way I see it, markets lack momentum. But that […]
EOT Position Update – November 9, 2011
November 9, 2011 Market Snapshot Here we go again… Turmoil in Europe is throwing the global financial system for a loop. Just as we finally put the Greek debt problem to bed, another European sovereign debt crisis rears its ugly head. This time around it’s Italy. I know it’s hard to believe, but the situation […]
EOT Position Update – November 2, 2011
November 2, 2011 Market Snapshot It’s the same old stuff driving the market action this week… The ebb and flow of news out of Europe is largely driving the market. But when the fear of another credit crisis recedes, we can see there are some bullish elements at play. Namely, corporate earnings aren’t as bad […]
EOT Position Update – October 26, 2011
October 26, 2011 Market Snapshot Tired of hearing about the European debt crisis? I know I am! The good news is we’re nearing an end to the latest round of the crisis. So we’ll likely get a break from Europe’s problems… at least for a while anyway. Right now, European leaders are putting in place […]
EOT Position Update – October 19, 2011
October 19, 2011 Market Snapshot Here we go again! Just when you thought Europe had a plan in place to deal with their debt crisis… oops! We find out they’re not even close. Simply put, this game of predicting European policy decisions is getting really old. And I’m not the only one who thinks so… […]
EOT Position Update – October 12, 2011
October 12, 2011 Market Snapshot Let’s face it… it’s a tough option picking market. Option premiums are off the charts. And stocks aren’t trending enough in either direction to meaningfully drive up intrinsic values. Let me explain… First, look at this chart of the S&P 500 below… As you can see, the large cap index […]
EOT Position Update – October 5, 2011
October 5, 2011 Market Snapshot Sometimes I wonder why people are shocked by the market’s volatility. We’ve clearly entered into a time of more volatile trading. Just look at what happened yesterday… The Dow was down more than 200 points to start the day. And then, over the last few hours, it rocketed higher by […]
EOT Position Update – September 28, 2011
September 28, 2011 Market Snapshot Just when we were beginning to think the European debt crisis was coming to an end, it comes back to life. It’s like something out of a horror movie… I’m beginning to worry that investors are the ones investigating the strange noise coming from the basement. Because we all know […]
EOT Position Update – September 21, 2011
September 21, 2011 Market Snapshot According to the Economic Cycle Research Institute (ECRI), economic growth is slowing. And leading indicators are pointing toward further slowing through the end of the year. But here’s the worst part… There’s no end in sight to the current slowdown. At this point, I’d put the odds on the US […]
EOT Position Update – September 14, 2011
September 14, 2011 Market Snapshot Stocks are struggling to do much of anything. The bulls have managed to string a few positive days together. But I’m not expecting it to last… I think we’ll see more volatile – up one day and down the next – action. Why? Not much has changed over the last […]