The Prepared Mind 12.10.2012

This graphic is from the website “Friends of the US Chamber.”  It is not unique.  Similar countdowns are present on numerous other websites and as a constant on numerous financial TV broadcasts.   Fellow mentor  Steve Papale’s latest blog entry on “At the Margin Decisions” (http://blog.discoveroptions.com/2012/12/papale-at-margin-decisions/) is a very good look…

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The Prepared Mind 10.8.2012

Equities and equity indexes posted modest gains last week.  The markets started with gains on Monday after a positive  ISM-manufacturing report.  There was an absence of the intraday and interday  volatility which often characterizes “Employment Week.”  The markets ended with a sell-off on Friday to show a minimal difference  from…

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The Prepared Mind 6.25.2012

Last week the markets closed within a percentage point, plus or minus, of breakeven.  This performance masked significant intra-day volatility which was present throughout the week.  The positive mood from Sunday’s Greek election was quickly replaced by concern about Spain’s fiscal problems.  The Fed warned about ongoing risks to economic…

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