Saturday Market Thoughts

• Another Saturday of being invested in cash and watching college football. 
• Bad employment data and previous months revised downward?  No problemo.  Stocks rally because it means the Fed may not taper.
• Or maybe the Fed will taper.
• I think it's a mistake if the US launches a missle barrage on Syria.  No, not because of what Russia's Puten said or England opting out.  No, not because President Obama and John Kerry look like complete idiots everytime they have the opportunity.  But...  Haven't we learned our lesson(s) with wars in the Middle East?  Yes, it is tragic that so many people are dying horrible deaths.  But do we have the ability to stop it?  And lets be blunt, aren't the Western nations better off if the radicals are shooting at each other, rather than at us?
• Or maybe the Fed won't taper.
• So, the stock market seemed to gyrate on whatever Syria news hit the tape yesterday.  Up and down.  Down and up.  Plus the labor news, where the unemployment rate is falling, but the labor participation percentage is falling.
• Emerging markets doing well, huh?
• Or maybe the Fed will taper.
• I remain in cash.  I anticipate a buy decision is coming at some point within a month or two, though.  The sell in May thing doesn't last forever.  
• Watching the moving averages and black box.  Not doing anything yet.
• OK... Notre Dame at Michigan...

Volatility with the Fed

• I don't know what you do with today's market action.  It was crazy.  Ramped after the Fed announced nothing, and then fell back down.  Good luck.
• Still in cash trying to think of something to do with it.  Probably just stay in cash until the Fall.  I am tempted to daytrade, but ... eh.
• Economic data continues to show a very slow economy.  No other way to put it.  Although folks seem to be talking it up as great news.  What?  Should't things be growing a bit faster?
• Feet are still broken and sore.  Man, over eight weeks so far.  Can't wait until this is over.  Ache ache ache.
• Dodgers having an amazing run.  Dramatic late game wins.  Including last night's game against the Yankees.  
• Did you see Spike Lee on CNBC this morning?  Wow, if I were producer, do you know who is not getting an invitation back?  What a clown.   There was no need to be disrespectful.  
• Do you keep getting folks ringing your doorbell trying to sell you solar panels for your roof top?  What's the payback period, 25 years?  I always tell them I'm moving and putting the house up for sale in a few weeks, rather than argue with them. 

#165: $AAPL and The Fed

#160: The Fed Kills the Rally; Apple to $1001? Romney is the Guy;

#158: The Fed; Is Best Buy a Goner? Is Blackberry a Goner?

#155: The Hunger Games; Trayvon Martin; Big Day in Stocks

#150: Stock Market Rips Through 13,000; Bernanke, Banks, and the Barking Dog

Bernanke Slams QE3 Hopes; Why is Oil so Expensive?

#140: Super Bowl Pick; Bernanke; Growth vs. Dividends; Facebook

#96: Stocks Move Up; Retail Sales, Bernanke, Hugh Hefner

#93: Stocks Go Down in Last Hour!

#83: The Fed, Gold

No Worries! Economy on Firm Footing!

No worries. Ben Bernanke says the economy is on a firmer footing.

Rejoice!

Things aren't as bad now as they were earlier. This has been the market pattern as of late. Early dips recover somewhat towards the close. We are still down, but feels like it could be worse.

Watching Japan. Haven't traded at all today.
***
March Madness starts at 3:30 PDT!