Monthly Archives: December 2011

Dec29

As I scan my traditional watch lists most of the stocks in them are doing "meh" – they take 3 steps forward and 2 steps back.  Or vice versa.  They are really doing very little other than churning.  Most of…

Dec29

S&P 500 closing price on 12/31/10: 1257.64. Current print: 1257.82. It's been a great year for broker commissions – not such a great year for anyone else. /spinning wheels Disclosure Notice Any securities mentioned on this page are not held…

Dec29

Riddle me this.  Yesterday, Italy had a 'successful' short term bond auctions but the market took a gash to the chest as the euro broke down to a yearly low – which of course meant the dollar rallied, which of…

Dec28

Today's losses have pushed the S&P 500 back to 'flattish' for the year – the DJIA is slightly up and the NASDAQ slightly down.  Barring any massive move in the next 2 days the "Presidential effect" (3rd year of the…

Dec28

It has been a head scratching year for the gold miners – despite a very good year for gold itself (until recently) and stable production costs, their stocks have simply not reacted as expected.  Some of the largest investors in…