Tug of War

All week stock averages fluctuated, usually down in the mornings and popping up to moderate gains in the afternoon. This slow grind upward however, is largely dependent on what happens next in Europe.  So far there hasn’t been any thing new but that could change as Europe gets back in business after their long holiday [...]

It is that time of year when market strategists stick their neck out and predict the future. No never mind that most, if not all, of their predictions will turn out to be wrong. Investors clamor for yearly forecasts regardless of accuracy, so here’s mine.

Taxes are not my favorite thing. Like everyone else, I would like to see less, rather than more, taxes in my life. However, there is one tax under consideration in Congress that I fully support

Resistance

 The dividing line that often separates bull from bear is the 200 day Moving Average (200 DMA). It is a technical term that tracks the moving average price of stocks over 200 days. All week equities have traded a little above or below that average, leaving investors uncertain of what awaits them in 2012.

Ho,Ho,Ho

Christmas is here and the market action this week indicates the traditional end of the year rally appears ready to begin. About the best one can say is at least we can count on Santa if not anyone else.

Give Local

 The bells of the Salvation Army are ringing on Main Street. Yep, it’s that time of the year again when visions of “Tiny Tim” tug at our heart and purse strings. This season try something new; donate your charitable contributions to local organizations.

Most years, at about this time, investors begin to anticipate a so-called “Christmas Rally”. So far investors have received nothing but coal in their stockings. I counsel patience. Most investors appear to be jumping the gun.

Why everyone should have a will “I’m not old enough to worry about a will,” said one of my clients recently. Looking at him, you might agree, At 25, he is as healthy as the horses he shoes. As a Ferrier with his own business, he works hard and plays hard. Life is his oyster [...]

How many times in the past year have we been faced with binary events that were either “do or die” moments for the markets? Some turned out to be “dos” but others definitely failed to meet investors’ expectations. Yet, armageddon did not occur.

It is no accident that a growing number of Senators and Congressmen are supporting an end to insider trading among Washington lawmakers. Given the dismal approval ratings of the nation’s politicians, anything that can raise ratings is at least being considered. But don’t count on the passage of this bill.