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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

Stocks see their Shadow

Stocks see their Shadow

It is undeniable, we are going to have an early spring as Phil the ground hog saw his shadow on Wednesday, which only happens 20% of the time, guaranteeing the nice weather. It is also undeniable that the market is on a tear. January was the best opening month to a year since 1997. Not to be outdone, February has not had a down day yet. Interestingly, the first day of the month has now been positive for 13 of the last 15 months. Short term traders should buy at the close of every month until it doesn't work!
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.