Jeffrey D. Saut
Jeffrey D. Saut was chief investment strategist at Raymond James & Associates Inc.
The following is an excerpt from the latest weekly market commentary of Jeffrey Saut, chief market strategist at…
The turtle makes no progress until it sticks its neck out; I have been sticking my neck out since Thanksgiving, believing the Santa rally was beginning.
At the beginning of July, the headline news was pretty bleak.
“Shrugs off bad news” indeed, for at the beginning of July the headline news was pretty bleak
Hard and fast “rules,” I have argued against them since entering this business some 40 years ago because in the stock market you have to be flexible.
Festivus is alive and well, and the “Airing of Grievances” should be particularly loud since 2010 will go down as the worst year of underperformance by active money managers in memory
Timing is “all” when it comes to Wall Street as any whipsawed investor will tell you
The “buying stampede” that began on September 1st is still intact since the D-J Industrial Average (DJIA/11203.55) has yet to decline for more than three consecutive sessions before resuming its upward onslaught
Equity markets are churning slightly above their topside “breakout” levels, begging the question, “Is this an upside breakout; or, an upside fake out?”
Mr. Saut revisits his long-standing bullish views on coal.