PSB Portfolio Updates
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 […]
PSB Portfolio Update June 2012
June 21, 2012 What The Markets Want What do the markets want? It seems nothing can satisfy these fickle markets. The rally over the past couple of weeks was built on hopes for a positive outcome in two events… the Greek elections and the FOMC meeting. Once we learned the outcome of the Greek election, […]
PSB Portfolio Update May 2012
May 17, 2012 Buy While Others Are Fearful… There’s no doubt, the stock market is rife with fear these days. If we look at the performance of both the Russell 2000 and the S&P, you’ll see both are down significantly from their 2012 highs. The S&P, once up over 11% earlier in the year, is […]
PSB Portfolio Update April 2012
April 19, 2012 Small-Cap Breakout Is (Still) Imminent! Let’s face it, penny stocks are lagging behind their large cap brethren. Over the last month, the Russell 2000 small cap index is down about 3.5% while the S&P 500 and Dow are only down about 1.5%. And it’s the same story when you look at their […]
PSB Portfolio Update March 2012
March 15, 2012 Small-Cap Breakout Is Imminent! This month the bull market is celebrating its three-year anniversary. It’s hard to believe we’re now more than three years removed from the housing bubble bursting and the credit crisis that followed. However, the ripple effects of the ensuing recession are still being felt today. The Greeks and […]
PSB Portfolio Update February 2012
February 16, 2012 Is It Time For A Pullback? Stocks surged higher for five consecutive weeks to start the year. The Russell 2000 Small Cap Index tacked on 12% over that time. Overall it’s been a relatively calm period for the markets. Volatility is low. And stocks are steadily climbing higher on almost a daily […]
PSB Portfolio Update January 2012
January 19, 2012 We’re off and running… After a crazy 2011, penny stocks are starting off 2012 on the right foot. In just the first two weeks of the year, the Russell 2000 has gained more than 3%. The way I see it, there are three forces driving the market action. Obviously, Europe’s sovereign debt […]
PSB Portfolio Update December 2011
December 20, 2011 Coming To A Close 2011 is winding down. And with 2012 right around the corner, there’s still plenty of uncertainty in the market. Historically, December’s a slow month for the markets. There’s typically not a lot of big news coming out as traders and investors wind down for the holidays. Not so […]
PSB Portfolio Update November 2011
November 15, 2011 The Drama Continues This has been one of the more memorable Fall seasons in recent history for the financial markets. Funny thing is, most of the drama is happening overseas. I’m sure you’ve seen the headlines… First it was Greece. Now it’s Italy. The situation in Europe is tenuous at best and […]
PSB Portfolio Update October 2011
October 18, 2011 Has The Tide Turned? If investors were expecting a rough October, so far they’ve been pleasantly surprised. Not that this month has been anything to write home about. But a non-catastrophe in the markets is better than what many were predicting. For the month, the Dow Jones Industrial Average is basically unchanged. […]
