Posts by drawpub
Second Qtr 2011
I hope you are enjoying these lazy hazy days of summer….it is flying by too fast. As I write this, there is still no decision on the Debt Limit and Corporate earnings season is just getting underway. What’s not happening too fast is how our elected official(s) in Washington are dealing with the Debt Limit…
Read More6 Down Weeks in a Row
I feel that the markets are taking a breather here and am hopeful that the stock market will be higher at the end of the year. It’s not unusual that the economy has slowed after the flooding in the Midwest, the Japanese earthquake, tension in the Middle East and rising oil prices. On top of…
Read MoreFirst Qtr 2011
Spring is in the air, Tax Day has come and gone and the economy is growing! The economy is growing ever be it so slowly, but at least it’s getting better. The US stock market had its best 1st quarter since 1998 with the Dow gaining +6.4%, the S&P 500 +5.4%, Nasdaq +4.8% and +7.6%…
Read More2010 Year End
Here’s to the bright New Year, and a fond farewell to the old; I extend to you my best wishes for perfect health and a fulfilling new year! While 2010 ended in positive territory for the major indices, the ride was anything but smooth. The May 6th “flash crash” and continued worries over European debt…
Read MoreEasy Street
Easy street can be defined in many ways from financial security to a Charlie Chaplin movie. What concerns me are the bond investors who have benefited from a 28 year rally not knowing when it will end, driving down an easy street without much risk. August was another depressing month and some investors were scared…
Read MoreLabor Day Blues
Do you remember the jingle…..Once Twice Three Times a Lady etc……… “Three Times A Lady” was a popular song from the funk/soul band the Commodores back in 1978. It is also a nice way to describe the past three days of positive reports on the economy. Sing it again Sam!!! Last week on my radio…
Read MoreSecond Quarter 2010 Recap
Guess what came back in the second quarter? That long lost feeling called volatility which seems to come and go when we least expect it and many investors hated the feeling of uneasiness that it brought in May and June. Now we are on track for July’s performance to be the best month in more…
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