The American Autumn

Occupy Wall Street, contrary to press reports, did not “come from nowhere.” The American grassroots movement that has spread to over 40 cities is a natural progression of protests that began in the Arab world this spring.

Dont Tread on Me


Bottoming Out

One could tend to dismiss this week’s market move as just another short covering rally triggered by unsubstantiated rumors from Europe. Friday’s sell-off in the face of fairly good unemployment data bolsters that premise. So why do I feel we have further to go on the upside?

Time to pay attention


If you have been thinking of trading up to a new car, this may be the time to do it. Used auto prices are selling at 16-year highs but your window of opportunity is closing fast.

New versus used cars?


Zombies are BOOming

They arrive at night or at odd times when most of us fail to notice.  In small towns and large, in desolate strip malls and out of the way commercial spaces, store fronts pop-up, as if by magic. The costume stores have come to town. Halloween is coming, so get ready for what has become the third largest party night in America.

Most popular costume this year


No Where Land

“He’s a real nowhere man,
Sitting in his Nowhere Land,
Making all his nowhere plans
for nobody.”
 The Beatles

If there was ever an argument for staying on the sidelines, this week’s market action should have driven that point home to even the most aggressive investors. We are betwixt and between, groping blindly through a fog of confusion, rumors and false starts. Over the short-term expect more of the same. (more…)

A common perception on Wall Street is that October is the worst month of the year for the market. It is true that the month has historically failed to provide stellar returns, but it is actually September that deserves the title of the worst market month of all.

Investors on the chopping block


“Highway to the Danger Zone

I’ll take you

Right into the Danger Zone”

Kenny Loggins from the movie “Top Gun”


One would think that the world is coming to an end. By Friday morning every headline, every opening sound bite on television and on the radio began with the massive declines experienced by world stock markets this week. Take all this with a grain of salt.


As disappointed global stock markets plummet in response to the U.S. Federal Reserve’s latest stimulus initiative, few investors are paying attention to what may be the Fed’s real intention behind this new plan—mortgage refinancing.

Is the White House and Fed planning a big REFI?


Home on the Range

Over the last few months, the stock market has traded in a range that has confounded both bulls and bears alike. Now, we are fast approaching the top of the range once again. Will the averages disappoint once again or are we on the verge of a break out?

Do we go higher or lower?


Deja Vu

“U.S. stocks opened higher Thursday as the Federal Reserve and four of the world’s other major central banks agreed to make U.S. dollars more readily available in Europe’s struggling financial system.”

“… Early Thursday, investors welcomed the news that the Fed — along with the central banks of England, Switzerland, Japan and the euro zone — is coordinating a program to boost dollar liquidity in the region.”

                                                                           CNNMONEY, September 15, 2011, 9:47 A.M.

            The markets are climbing in celebration that the central banks of the world are combining and coordinating their immense financial power to bolster Europe’s struggling banks. The message the ECB is trying to telegraph to investors is that Europe is not going to allow a Lehman Brothers-type disaster occur within their community. Why then am I so worried?

Keep your eyes on Europe