PSB Portfolio Updates
PSB Portfolio Update November 2010
November 16, 2010 A Tale of Two Novembers This year has been full of surprises. The markets have been anything but predictable. We’ve seen our share of ups and downs. Whatever expectations you may have had for the market can pretty much be thrown out the window. For example, we’ve all heard how September and […]
PSB Portfolio Update October 2010
October 19, 2010 It’s October… Should We Be Worried? We’re more than halfway through October and no market crash. So far so good. Not that I’m expecting a crash. I just tend to worry a little more during this fine autumn month. And with good reason… In case you’re not aware, October is famous for […]
PSB Portfolio Update September 2010
September 21, 2010 September Came In August This Year… September is historically the worst month for stocks. Since the 1950s, the S&P 500 has dropped an average of 0.6% in September. February and June are the only other months of the year stocks tend to fall in value. This year, however, it seems the September […]
PSB Portfolio Update August 2010
August 17, 2010 Market Seesawing On Earnings, Economic Data, And Outlooks The market’s ups and downs over the past few months have been gut-wrenching to say the least. After topping out around 746 in May, the Russell 2000 Index began a volatile two-month decline. The small cap index fell more than 21% from peak to […]
PSB Portfolio Update July 2010
July 20, 2010 Weak Economic Data Trumps Good Earnings Going into earnings season, I was optimistic earnings would get the market trending higher again. I was expecting companies to report very strong second quarter numbers. And I believed many bellwether firms would provide strong outlooks for the second half. We got off to a strong […]
PSB Portfolio Update June 2010
June 15, 2010 What’s Going On In China? This month I want to take a closer look at the situation in China. We have a number of Chinese companies in our portfolio. So, what happens in China has a big impact on our trading. Chinese stocks have struggled so far in 2010. The Shanghai Stock […]
PSB Portfolio Update May 2010
May 18, 2010 The Market’s Correcting… What To Do Now It’s been a crazy month in the market to say the least. The European debt crisis sparked the market correction we were expecting. British Petroleum’s oil rig went up in flames leaving the worst environmental disaster in history. And we saw the biggest ever one-day […]
PSB Portfolio Update April 2010
April 20, 2010 Is The Market Finally Correcting? The market’s 13 month rally has me wondering if the laws of physics no longer apply. The market has been defying gravity for so long now it almost seems natural. The Russell 2000 Index is up an amazing 108% from the March 2009 low. And, it has […]
PSB Portfolio Update March 2010
March 16, 2010 The Bull Market Continues… In our last update, we questioned whether a five-day rally in the Russell 2000 was a resumption of the bull market. The answer hinged on whether the index could break through resistance around 650. Well, we have our answer. After a brief pause around 650, the Russell 2000 […]
PSB Portfolio Update February 2010
February 23, 2010 Trading Halted in Electronic Game Card (OTCBB: EGMI) Shares On Friday, February 19, 2010, the SEC temporarily suspended trading in EGMI. This was a serious bolt out of the blue. The shares will resume trading on Thursday, March 4, 2010. According to the SEC’s Order of Suspension of Trading, it appears there […]
