November 23, 2009
Good Morning. I hope you had a chance to hear Charlie Gasparino of CNBC on the “Stocks and Jocks” show last week. If you did not, you can listen to the archived show at www.StocksAndJocks.net. Charlie has a new book called Sellout and is one of our favorite feisty financial editors. Read about his interview with us here.
Well, this week has turned out to be a bit more hectic than planned. Friday (Options Expiration) was busier than usual and with a shortened holiday week, I thought I’d open up the forum to you, the readers (and hopefully, listeners) to submit your ideas for show topics, guests, or just general market and sports questions you would like me to blog about or for Dr. J and I to cover on our show. Here are two more questions: 1) Is the turkey pardoning by the President still relevant in 2009 and 2) will you be spending more, less or the same this year on holiday gifts?
Send in your feedback, ideas and comments to me at StocksAndJocks@Live.com. I will try and get in a blog post a little later this week, assuming there is a calming lull before the holiday storm. It will be interesting to see how retail sales fare for the upcoming “biggest shopping day of the year”.
June 1, 2009
Good morning. A powerful advance last week in the market, with the S&P running Friday on the close to finish up 3.9% on the week, moving from 89.02 to 92.53. Continual upward moves in oil and other commodities are fueling the rally, as evidenced by the XLE being up 6.3% for the four-day week. Depending on your point of view, the increase in oil prices is an indication of a start to the recovery or an amazing example of the power of OPEC and the oil companies to hoard and store oil for the purpose of driving up prices.