Does the old stock market cliché have any credibility in 2012? An old stock market dictum says that spring is for profit-taking, or at least a time to reduce your exposure to equities. In the classic market psychology, you “sell in May and go away” with the belief that stock prices will plateau or retreat [...]
Archive for 2009
Weekly Market News for the Week of December 28, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Wise men make more opportunities than they find.”– Sir Francis Bacon Another strong consumer spending gain. The Commerce Department announced consumer spending rose 0.5% in November, following a 0.6% increase in October. Personal incomes rose in November by the most in six months.1 Hashing [...]
Weekly Market News for the Week of December 21, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Friendship marks a life even more deeply than love.”– Elie Wiesel Interesting inflation figures. November data shows a 1.8% year-over-year gain in the Consumer Price Index. That’s the first positive 12-month change since February 2009. Core CPI was flat last month; it had risen [...]
Weekly Market News for the Week of December 14, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Live in such a way that you would not be ashamed to sell your parrot to the town gossip.”– Will Rogers We’re buying more. Retail sales rose 1.3% in November, and that is the third increase that the Commerce Department has measured in that [...]
Weekly Market News for the Week of December 7, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Imagination is the eye of the soul.”– Joseph Joubert Joblessness at 10.0%. This November figure is improved from October’s 10.2% mark. Another bright spot: payrolls slimmed by just 11,000 jobs last month. (Analysts expected a reduction of around 125,000.) Are we on the verge [...]
Weekly Market News for the Week of November 30, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Learn to express rather than impress.”– Jim Rohn Did “Black Friday” beat expectations? The National Retail Foundation expects a 1.0% decline in holiday purchases for 2009 (after a 3.4% dip in 2008). Yet it also forecast 134 million shoppers in stores for Thanksgiving weekend, [...]
Weekly Market News for the Week of November 23, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “The longer I live, the more I realize the impact of attitude on life.”– Mark Twain Consumer prices rise 0.3%. October Labor Department data shows CPI up 0.3% and core CPI up 0.2%. Overall consumer prices are down 0.2% across the past 12 months [...]
Weekly Market News for the Week of November 16, 2009
Presented by Mark Lund, The Investor Coach. Quote of the week. “Service is the rent we pay to be living. It is the very purpose of life and not something you do in your spare time.”– Marion Wright Edelman Unemployment weighs on sentiment. American consumer sentiment unexpectedly dipped this month, at least according to the [...]
Weekly Market News for the Week of November 9, 2009
Presented by Mark Lund, The Investor Coach Quote of the week. “Amusement to an observing mind is study.”– Benjamin Disraeli Jobless rate lags behind recovery. America’s unemployment rate reached 10.2% in October, higher than the 9.9% analysts at Briefing.com had forecast. One silver lining to the highest jobless rate in 26 years: net October layoffs [...]
Weekly Market News for the Week of November 2, 2009
Presented by Mark Lund, The Investor Coach Quote of the week. “We do not quit playing because we grow old, we grow old because we quit playing.”– Oliver Wendell Holmes 3Q GDP: +3.5%. The longest economic contraction in America since 1947 ended in the third quarter as federal credits and stimuli encouraged robust growth. (Automobile [...]
Weekly Market News for the Week of October 26, 2009
Presented by Mark Lund, The Investor Coach Quote of the week. “Character is much easier kept than recovered.”– Thomas Paine Fewer “For Sale” signs. Existing home sales set a record in September – they rose by 9.4%, spurred by the federal credit for first-time buyers. (That $8,000 credit is valid through November 30.) September’s sales [...]