Jeb | September 28, 2009
General Market Comment: September 28, 2009
Life goes on . . . we are now a year after the collapse of Lehman and this week we will anniversary the near death experience of Sept. 29, 2008 when the Dow dropped over 700 points. Back then Congress was dithering over the TARP, banks were failing/being shotgun married [...]
Jeb | September 21, 2009
General Market Comment: September 21, 2009
We have some charts and comments from Merrill Lynch this week that I found of interest. Merrill has started a series entitled “Global Quant Panorama” where they address global investment strategy. A cornerstone of the work is a new data series centered on an amalgamation of global economic and market [...]
Jeb | September 14, 2009
General Market Comment: September 14, 2009
The focus of this comment is on the outlook for the technology sector – the sector where all of our investments reside. You all may be aware of the stellar outperformance of the tech sector so far this year. If not, I have charted the move in the “XLK” (Technology [...]
Jeb | September 14, 2009
General Market Comment: September 8, 2009
The focus last week was on the August labor report and private sector indications of the recovery’s status . . . the takeaway is the economic indicators continue to outperform expectations much to the chagrin of the bears.
Here is some color on the employment report you might not have noticed [...]
Jeb | September 3, 2009
General Market Comment: August 31, 2009
We managed to get through August with another gain in the market. The market is up 6 months in a row. It has gone up 20 of the last 25 weeks. We have seen remarkable strings of consecutive positive weeks. The market (as I define as the NASDAQ) has gained [...]