“Change before you have to.” – Jack Welch It was a very quiet shortened trading week. The small cap dominated Russell 2000 was the week’s star performer. The RUT gained nearly 2.5% while the other major trading indices hovered around unchanged. The highlight of the week was the “fear” created…
By Frank Fahey “Got no checkbooks, got no banks. Still I’d like to express my thanks – I’ve got the sun in the mornin’ and the moon at night.” ― Irving Berlin Equity indexes showed steady gains throughout the week. The gains continued throughout the week plowing through fears of further…
By Frank Fahey “The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.” – Warren Buffet Bad news was finally bad news last week. Weak earnings reports from retailers – Macy’s and Nordstrom’s – combined with lower than expected October retail sales…
By Frank Fahey “An investment in knowledge pays the best interest.” – Benjamin Franklin The small cap heavy Russell 2000 (RUT) led the indexes with a gain of 3.51% for the week. The other major indexes showed gains of 1% to 1.5%. Friday’s market performance was mixed with large caps…
By Frank Fahey “Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.” – Kenneth Boulding The big news for last week was the Fed’s announcement they were leaving Fed short-term rates at zero. Their press release specifically mentioned a…
By FrankFahey “Wall Street people learn nothing and forget everything” – Benjamin Graham With apologies to Paul Simon, this week should be titled “Still bullish after all these years.” The S&P 500 has advanced over 11% since September 29. This three week run upwards is one of the strongest I…
By Frank Fahey “If you’re not making mistakes, then you’re not doing anything. I’m positive that a doer makes mistakes.” – John Wooden First, I must make a confession. Every week I caution my readers that it is their responsibility to know the dates of announcements. This is based on…
By Frank Fahey “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki The market has staged a very impressive rally the past 6 and half days trading days. The…
by Frank Fahey When I get to the bottom I go back to the top of the slide Where I stop and I turn and I go for a ride Till I get to the bottom and I see you again Yeah yeah yeah hey “Helter Skelter” Lennon-McCartney The intraday…
By Frank Fahey “And now, here to tell you everything about anything is Mr. Know-It-All.” – Rocket J. Squirrel The markets were beset by uncertainty last week. The uncertainty lead to a 1.4% decline in the broad-based S&P 500 with the small cap laden Russell 2000 down just over…
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