December 2010 - Steve Cook on Disciplined Investing

Steve blogs about “RED FLAG” events, fast breaking news, market trends and a whole lot more that will influence your thinking. You need to know the news behind the news and Steve will keep you informed and on the right path to making solid, informed and disciplined investment decisions.

Steve Cook on Disciplined Investing

Syndication

Have You Seen This?

News

  • Make money by accessing all our Portfolios, the supporting research and Price Disciplines using our paid subscription blog, Strategic Stock Invetments. Our work is focused on making money for our Portfolios not as some academic exercise in Internet investing. Check our performance (audited)--our Dividend Growth Portfolio has beaten the S&P by 500 basis points per year for the last seven years but with a beta of only .62. (Mandatory Disclaimer: past performance is not a guarantee of future results.) We give you everything you need to duplicate our results, in particular, a strict price discipline for both Buying and Selling.

Have You Seen This?

  • M&A is good + some of our stocks are nearing their Sell Half Range

    Happy Holidays. Return 1/3/11 The Market Technical The indices (DJIA 11533, S&P 1254) closed solidly within their up trend (10892-14382, 1137-1575). Volume fell; breadth improved but only a bit; the VIX rose slightly but remains within its down trend...
  • I continue to wait for an improvement in breadth

    The Market Technical Yesterday was pretty slow, reflecting I am sure that a big percentage of Wall Street decision makers are on Holiday break. The Averages (DJIA 11478, S&P 1247) were mixed (DJIA down, S&P up fractionally) but finished well within...
  • Monday Morning Chartology-12/20/10

    The Market Technical Monday Morning Chartology The S&P is now in an intermediate term (purple lines) and short term (brown lines) up trend. Gold held above its first level of support after the break of the short term up trend; but it is on shaky ground...
  • The Closing Bell-12/18/2010

    Next week, we leave Wednesday morning to visit my father, then my wife’s family for Christmas. We then go to Santa Fe to spend New Year’s with good friends. So no Morning Call or Closing Bell from Thursday 12/23/10 to 1/2/11. As always I will...
  • Breadth is still a problem; and gold may become one

    The Market Technical The Averages (DJIA 11499, S&P 1242) had a good day and continued to solidify the re-set of their trend to up (10819-14350, 1132-1555). Volume remains satisfactory; breadth improved; the VIX declined closing once again below the...
  • Politics trumping economics + GLD is making me nervous

    The Market Technical The indices (DJIA 11457, S&P 1235) remain within their recently re-set up trends (10819-14350, 1132-1555). Volume rose; breadth deteriorated further; the VIX rose again, this time closing above the lower boundary of its trading...
  • What the Fed didn't say

    The Market Technical The DJIA (11476) finally surpassed the 11460 level (the high in its last challenge of upper boundary of its recent trading range) and confirmed that it has re-set to an up trend (10812-14320). Thus, it joins the S&P (1241) in...
  • Lackluster breadth and fewer new highs are making me nervous

    The Market Technical The S&P (1240) closed within its current up trend (1130-1550). The DJIA (11420) has succeeded in fulfilling our time and distance discipline; and therefore, technically has re-set to an up trend (10790-14328). However, it has...
  • Monday Morning Chartology-12/13/10

    The Market Technical Monday Morning Chartology The S&P continues to make progress to the upside. Gold broke its short term up trend but lost its downside momentum, at least temporarily. The VIX has now traded below the lower boundary of its recent...
  • The Closing Bell-12/11/2010

    Statistical Summary Current Economic Forecast 2010 (revised) Real Growth in Gross Domestic Product: +2.5- +3.5% Inflation: 1-2 % Growth in Corporate Profits: 10-20% 2011 Real Growth in Gross Domestic Product: +1.5- +2.5% Inflation: 2-3 % Growth in Corporate...
  • The S&P is acting OK; but breadth is starting to worry me

    The Market Technical More intraday volatility yesterday. The S&P (1233) opened higher, traded down below the 1227 level (the high in the recent unsuccessful challenge of the May/December trading range), then rallied to close up on the day. That leaves...
  • A trend change for the S&P

    The Market Technical Yesterday’s trading witnessed more intraday volatility only to close fractionally higher. The S&P (1228) plunged in early trading, declined below the 1220 (upper boundary of its recent trading range), then bounced and closed...
  • I hate it when I jump the gun

    The Market Technical Yesterday was a reminder of why making short term trading assumptions can be a fool hardy venture. As you know, I assumed that (1) the fundamental picture had been influenced positively enough by Obama/republican larger than expected...
  • Time to act

    The Market Technical Yesterday was rather boring compared to the pin action last week. The Averages (DJIA 11362, S&P 1223) finished above the upper boundary of their current trading ranges (9645-11257, 1042-1220) for the third day. Our time and distance...
  • Mondday Morning Chartology-12/6/2010

    The Market Technical Monday Morning Chartology The S&P closed above the 1220 level two days in a row. A couple more days are needed to satisfy our time and distance discipline. It would be clearer if it also closes above 1127 (the black line). Gold...

1 2 Next >