Author Archives: Dave

About Dave

David Steckler enjoyed 24+ years of experience as an investment counselor and portfolio manager before retiring. A former professor at Lindenwood University in Missouri, he also was a member and past president of the American Association of Professional Technical Analysts (AAPTA), and a member of the Market Technicians Association (MTA).

9.16.14 – The Squeeze Has Squozen!

I know I said I wouldn’t post today but the action was too good not to dish about.  News reports that China’s central bank is boosting stimulus measures helped give the stock market a kick in the pants that reversed … Continue reading

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9.15.14 – The Bigger They Are, The Harder They Fall

The Nasdaq has been outperforming the other indexes but internet stocks being trashed today pulled down the Naz to a one-month low.  In contrast, the Dow Industrials climbed 43 points to close at 17,031.14.  The S&P 500 Index was essentially … Continue reading

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9.12.14 – Is GLD In Trouble?

Retail sales climbing spurred more talk about the Fed raising rates sooner rather than later, pulling down equities today.  The Dow Industrials lost 61 points on above-average volume to close at 16,987.51.  The S&P 500 Index was off .60% while … Continue reading

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9.11.14 – A Day To Remember

  I’m sure most if not all of us remember exactly where we were and what we were doing when we heard the news thirteen years ago.  I sure do.  Although I’ve been back to New York many times since … Continue reading

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9.10.14 – Mixed Blessings

The stock market bounced higher today as Apple, Inc’s. new products helped lift the Nasdaq and speculation continues to rage over when and how much the Fed will begin raising interest rates.  The Dow Industrials rose almost 55 points to … Continue reading

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9.9.14 – Living Up (Or Down?) To Expectations

September is historically the worst performing month and so far, this September is following suit.  Today was the biggest drop in the S&P 500 Index in a month as concerns grow that the Fed may raise interest rates sooner than … Continue reading

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9.8.14 – If It Isn’t One Thing, It’s Another

The air conditioner in my office gave up the ghost and it’s about 85 degrees in here, too hot for me to sit two hours and write the blog.  Until the unit is repaired or replaced, the blog will be … Continue reading

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9.5.14 – Wasp Waist

  Speculation that weaker-than-expected job numbers will hold the Fed back from raising rates anytime soon helped push the stock market higher today.  The Dow Industrials added 67 points to close at 17,137.36 while the S&P 500 Index gained .50%.  … Continue reading

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9.4.14 – Blog Will Resume Tomorrow

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9.4.14 – The Evil Queen Strikes Again!

  Disney aficionado’s know who the Evil Queen, a.k.a. Queen Grimhilde, is…she’s the witch who fed Snow White the poison apple.  Today is was Apple Inc. that poisoned the Nasdaq, dragging the composite index down .56% after Samsung announced their new … Continue reading

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