Weekly Commentary for May 3, 2011 Job well done by our Armed Forces. A few folks I saw Monday morning before the stock market opened, told ME this OBL news just "has to be great" for the market. "The market should really fly today" they said. So...what happened? A...
Sitting On Cash Is The Right Move In the Current Market
Weekly Commentary for May 17, 2011 As most of you know, I was a stockbroker for 16 years before becoming a fee-only investment adviser. As a stockbroker, you get paid on commission. So it was pretty rare when money sat idle. Didn't matter if it was good market or bad....
US Dollar Is In a Long Term Downward Trend
Weekly Commentary for May 24, 2011 Silver gets whacked, Oil is getting a lot slicker. Gold climbs Monday, as stocks get sloppy. The euro stumbles, the dollar strengthens. What is happening? This dollar/euro thingy, as you will see, is important. Look, the dollar is in...
Market Pulled Back: This Is Not Time To Panic
Weekly Commentary for May 31, 2011 Last week we discussed how so many of our favorite charts have pulled back. But they have only pulled back to the middle of the trading band, nothing more. A little more on this: When the May statements arrive in the mail, it might...
Support Line Break: 1250 on the S&P 500 Is Next
Weekly Commentary for June 14, 2011 Currently the S&P 500 resides at 1270. The next support line break would be at 1250, which also is the low reached back in March. The March low (ALL charts) has been our red flag area all along. So we'll be watching for 1250 on...
Investment Advice: Breaking 1250 on the S&P 500 is a Big Deal
Weekly Commentary for June 21, 2011 1250 on the S&P is the next support line for the markets. If you are looking at individual stocks and mutual funds, a simple back-of-the-envelope test is to compare the current price to the recent lows set in March. The March...
Dorfman’s 30-30 Club: Why It Isn’t Such an Elite Group
This is a transcription from the April 14, 2011 Mullooly Asset Management podcast. Lauren: Welcome to the Mullooly Asset Management podcast for April 14, 2011. I’m Lauren O’Grady and with me is Tom Mullooly from Mullooly Asset Management in Wall Township, New Jersey....
Market Analysis: Why Dorfman’s 30-30 Club Isn’t That Special
We encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment. And if you are relying on a podcast for specific investment advice, you are making a huge mistake. Please speak with...
Investment Adviser: Looking For Stocks With A Positive Trend
We encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment. And if you are relying on a podcast for specific investment advice, you are making a huge mistake. Please speak with...
Market Drop: What Could We Have Done to Get Out of Harm’s Way?
This is a transcription of the Mullooly Asset Management podcast from March 30, 2011. Hello, this is Tom Mullooly and this is the Mullooly Asset Management podcast for Wednesday, March 30, 2011. This week we’re going to be talking about the market and we’re also going...