In the 4th quarter of last year, I predicted that the Dow could challenge its all-time record highs by the end of the first half of 2023. I never abandoned that forecast, but I had my doubts around March 10… 

The market’s more elastic, resilient, durable tone is becoming more apparent among market watchers, giving bears less to hang their hats on. 

The stock market in a quiet mode — more or less a “wait and see” posture — in advance of the 1st quarter reporting season. As I’ve mentioned recently, I think the market could be vulnerable over the coming days… 

Ahead of the 1st quarter earnings season, perhaps the prudent thing is to observe a “Missourian Stance” — a bit of a “show me” stance — in the very near term. 

Energy and aerospace defense were two standout categories in yesterday’s session, connecting the dots that this might cast an ominous shadow with respect to geopolitical concerns. 

The stock market finishing the 1st quarter on a high note in last Friday’s session. I think all-in-all it was a pretty good showing for the quarter… 

Market naysayers may soon have to make a decision, especially ahead of the Q1 earnings season — that decision is whether or not to stay on the sidelines, or remain short, etc. before the earnings are released. 

There’s an old English adage that, “March comes in like a lion and but leaves like a lamb.” I think that’s something we could adopt to the stock market… 

With the stock market steady following the financial debacle a couple of weeks ago, this might a good time to revisit Peter Lynch’s famous statement, “It’s not timing the market, it’s time in the market.” 

It is not unusual that some of the most dire predictions are made at, or near, a market bottom….