Responsibly Managing Investment Accounts Over 25 Years
Although I’m based in Marin County my clients are from all over the San Francisco Bay Area, California, the rest of the U.S. and abroad. My clients are individuals, family trusts, businesses, business retirement plans, non-profits and foundations.
This blog is intended to help individual investors with simple and timely tips and important information on markets, investment management and financial planning.
What? Good Behavior?
October 20, 2011 Leave a comment
The market is like a teenager; you can’t consistently predict its behavior. I rarely expect it to behave the way I want it to in the near term, but it seems to be consolidating last week’s run-up quite well, holding above 1200 on the S&P. Hoping for a Q4 move up, we like this action.
We’ve got another week of heavy earnings announcements. So far they’re coming in mixed, which I think was expected. If they continue mixed but with a few important really good ones I think we hold something close to current levels.
As well, lower levels of frustration from Europe should keep markets steady. There’s been some positive merger (Kinder Morgan and ElPaso) and spinoff (Abbott) news that helps the tone, too.
Share this:
Like this:
Filed under Investment Management, Markets Commentary Tagged with market, stock