Wow--a big move and an exciting day for the celebrities in "Trading With The Stars." In a big upset--really big--actor Willie Garson propels himself from last place to take the top spot on a HUGE gain with his trade on Robbins & Myers. All our celebs showed gains in their portfolio except for Ernie Hudson who lost out on AgioDynamics which he held a day too long, erasing his earlier gains and dropping him into last place..
Guest blogger Jeff Mishlove is back with a post. He's called it "All That Glitters Is Not Gold." Let's get right to it: Recently, I saw a cartoon where a man and woman had discovered a big, black pot at the end of a rainbow. But, when they looked inside for the gold, instead they discovered that it was full of baked beans. I suspect that many speculators...
Judy, Judy, Judy--HELLO!. You're in 6th place after Tuesday's "Trading With The Stars" action. That's after you were in 4th place on Monday. Okay, Judy's had two days of falling value--something that did NOT go unnoticed by CNBC's Michelle Caruso-Cabrera on "Morning Call." That's the show Judy's playing for--at least the first hour.
Okay--here's our current celebrity standings as of the market close on Thursday, 3/15. Overall their approach is still a lot more conservative than the majority of our non-celeb leaders - more stable companies and purchases spread across multiple stocks, and it might end up being a race to see who can lose the least. But that's probably to be expected....
As we told you, Judy Gold is in 2nd place for "Trading With The Stars." Here's how it was noted on "Morning Call." She's the celeb picker for the show's first hour (see the "mixed emotions" reaction from anchor Mark Haines). Judy's portfolio is valued at $1,004,280.
Time to check in on our Trading With The Stars celebs and see where they stand. Overall their approach is a lot more conservative than the majority of our non-celeb leaders - more stable companies and purchases spread across multiple stocks, and it might end up being a race to see who can lose the least.
So where's comedienne and Emmy winner Judy Gold spending her dollars in "Trading With The Stars?" She's the celeb stock picker for the first hour of "Morning Call." You may remember in an earlier post, she said she liked gold--and not just because it was her last name. So--here's her portfolio after one day.
Driven by soothing words from the Fed Chairman and the market's own mania for deals, stocks closed out last week on a high note. This week, traders will be ready to pounce on any news that will reinforce the view that the Fed might cut rates this year after all.
Gold is closing in on its high for the year after a 3.5% jump this week alone.
"We think we're getting close to a top," said Bill Strazzullo, chief market strategist for Bell Curve Trading. "The problem is the market is counting on this booster shot of lower interest rates and some of that has been taken out."
All the major market indexes finished lower for the day. Volume is likely to be light on Friday ahead of the Christmas holiday.