Again, we have new record highs in all the major indexes. The market is up about 12% this year and we are only a little more than a quarter of the way through. The rally, some say, is a direct result of being pulled off that Fiscal Cliff that scared everyone so much. Some say it is directly related to the Feds easy money policy. Then there are t...

It took a while, over 5 years, but we finally broke through the all time high on the S&P this past week and there were no balloons, new hats or any of the nonsense that we have seen in the past. It actually was met with a dull thud. This truly is one of the most unloved bull markets in history. Every economist, analyst and know it all has come up...

Not ones to break our arms patting ourselves on the back we do need to take a bow. Markets are acting exactly as we said and while the chorus is getting louder for a correction, we aren’t singing that tune just yet. Last week’s employment report bore out what we have been saying. The economy has fairly good momentum and will continue to get ...

Sequestration? Another in a list of things investors put on their radar and when the time comes, they shrug off. Issue was made of “massive” spending cuts affecting growth and when you shake off the flak coming from both sides, its just 80 billion dollars. Granted that’s a huge sum, but in relation to a 4-trillion dollar budget, its not th...

The earnings season is about to conclude and as we mentioned earlier, we expected corporate earnings to be a little better than expected. We were spot on and those better than expected numbers helped lift the S & P another 4.3%. Most analysts believe that there will be a small correction and we won’t argue there. While this has not been one of...