you never want to fight the fed. i learned that in 1980 when i first started taking down some nice-sized positions for my, well, let s say to be able to pay for school. but you really don t want to fight the fed. you don t want to fight the fed when it s teamed up with the the european central bank and hopefully with the chinese central bank when they decided to throw some gasoline on their fire. hence this fabulous september rally. that s what made it happen. not the earnings. let me give you the game plan for next week. first sunday night for once i won t be watching china. i ll be watching the eagles versus the giants in philadelphia. you can watch on nbc. for a moment fantasy football becomes a reality. and finance becomes fantasy. at least until end of the fourth quarter. then i go right back on china watch on the way home. on tuesday morning we hear from mosaic which is a beautiful name for a company that sells perhaps the least glamorous product on earth, fertilizer. c
i learned that in 1980 when i first started taking down some nice-sized positions for my, well, let s say to be able to pay for school. but you really don t want to fight the fed. you don t want to fight the fed when it s teamed up with the the european central bank and hopefully with the chinese central bank when they decided to throw some gasoline on their fire. hence this fabulous september rally. that s what made it happen. not the earnings. let me give you the game plan for next week. first sunday night for once i won t be watching china. i ll be watching the eagles versus the giants in philadelphia. you can watch on nbc. for a moment fantasy football becomes a reality. and finance becomes fantasy. at least until end of the fourth quarter. then i go right back on china watch on the way home. on tuesday morning we hear from mosaic which is a beautiful name for a company that sells perhaps the least glamorous product on earth, fertilizer. constantly get questions about the
making this the seventh month of the year where the s & p has finished higher and the eighth month of gains for the dow. holy cow. if anybody is wondering, this market is exactly what a bull market actually looks like. s&p 500 rallied 2.4% in september capping off a glorious third quarter. where the index gained close to 6%. not to mention the fact it s up about 15% for the year. 17% when you factor in dividend payments. i know there are a lot of negatives out there. a lot of total legitimate worries. yet these fears have been trumped by the continued optimism that comes from believing the world central banks will turn the tide of slowing global growth. you never want to fight the fed. i learned that in 1980 when i first started taking down some nice-sized positions for my, well, let s say to be able to pay for school. but you really don t want to fight the fed. you don t want to fight the fed when it s teamed up with the the european central bank and hopefully with the chine