Our outlook which we wrote about on October 26th (see below) remains virtually unchanged. The month of October proved to be volatile for the stock market. Many of you may be surprised to see a negative return on your October account statements, for the first time since March. In fact, many major market indexes were
Read more

This is a good time to bring you up-to-date on Lowefs’ current thoughts regarding the status of the markets and the economy. In our most recent analysis, economist Anirban Basu, Capital Markets analyst Morris Segall, and the financial planners at Lowe fs all conclude that we are likely heading toward a “W-shaped” economic recovery. (The
Read more

The corporate earnings season got underway today with Alcoa reporting losses greater than what analysts estimated. Lowe fs has been looking to corporate earnings as one indicator of the overall ability of the market to sustain the recent rally or create downward pressure and a pull back from recent advances. Dismal unemployment numbers released on
Read more

Earnings Euphoria Meaningless and Irrelevant Lowe fs has a question for you. If you set the bar for a goal so low that you will most certainly achieve it, is it appropriate to celebrate the achievement of that goal? According to the stock market the answer is yes. Lowe fs thinks otherwise and believes the
Read more

Intel: Indicator of Corporate Earnings Recovery? As we review the earnings report from Intel we believe the report is a clear indicator that corporate earnings will rise faster and recover more quickly than the overall economy. The Intel earnings report is a significant indicator that companies in certain sectors will show earnings growth exceeding analyst
Read more

Lowe fs trusts that you had a happy July 4th celebration with family and/or friends despite the 2.5+ % market pull back following the release of the June economic numbers (see Wall Street Journal) last Thursday. We do expect this trend to continue into this week. The June unemployment report and the attending stock market
Read more

Recently Lowe fs wrote about our concerns that the market and economy euphoria was premature. As such, we were not surprised to see yesterday’s pullback. Why were we so confident that this downturn was imminent? We feel that the “sound bite” economists have focused on with high level data and positive news has really been
Read more

Buyer Beware: Is it time to rein in pre-mature euphoria and be wary of the over-exuberant stock market? This seems to be the question of the day. Given the backdrop of our current economic news, the market should experience a pull back from the recent gains. Yet, the “news du jour” is moving the market;
Read more

Click here for a printer friendly version   Yesterday we saw some surprising weakness in retail sales numbers, oil inventory and demand numbers. Morris Segall of SPG Trend advisors noted that consumer spending was weaker than expected in virtually every category in the retail sales report. Mr. Segall further stated that gasoline and oil consumption
Read more

Click here for a printer friendly version   This market takes a licking and just keeps on ticking. With the news today that regulators are urging Bank of America and Citigroup to boost capital the market had every reason to decline. Yet with the backdrop of a possible flu pandemic the market absorbed this news
Read more