The Wall and Broad Report has been fortunate to receive market and trading thoughts and ideas from Fred and Rob Lange of Lange Financial Services ( LFS ) since its inception in mid 2010. It was just before the mid term election that got LFS discussing the benefits of Gridlock for the markets. Between August 2010 and December 2010 Fred…
On a personal note, I have been extremely fortunate in that I too have had a ” Joe Kittinger ” in my life and as a result of his wisdom, time, knowledge, and most importantly, friendship, I have accomplished things that surely I would not have. This includes trading in the markets as well as every day general life decisions…
WALL AND BROAD REPORT. SEPTEMBER 26, 2012 8:30PM There are more crosscurrents in the markets now than probably any other time in recent memory. We are 42 days away from the most important Presidential election in modern history. As a result, there are most likely hidden agendas or ulterior motives behind many of the comments or news we see and…
LANGE FINANCIAL SERVICES: August 19, 2012. 9:00PM While we expect further market gains over the next couple of weeks, we also believe that a short term top is close at hand. The pattern is expected to be similar to the peak established in March-April 2012 before the 1000-point decline in May. New weekly highs three weeks ago were about 500,…
This is today’s CNBC Video of Ken Langone, Home Depot Co Founder, and a long time associate of Fred Lange, founder of Lange Financial Services.
LANGE FINANCIAL SERVICES. UPDATE. MAY 7, 2012 In our memo last week we discussed the recent three-month trading range between Dow 13,300 and 12,700. On Tuesday the Dow made a 54-month intraday high above 13,300 before reversing. However, the Dow was the only index that made a new high. This set up a negative divergent pattern and the likelihood that…
LANGE FINANCIAL SERVICES. APRIL 30, 2012 7:00AM The market,as measured by the Dow Industrial Average, has traded between 12,700 and 13,300 since early February. During this three-month period we have seen significant strength in many of our growth stock favorites. Reciprocally, many stocks have been weak or relatively weak including drillers, and virtually all commodity stocks. Selectivity has certainly been…
Lange Financial Services began saying the economy is getting better and there will be no double dip etc on This site beginning before the elections in 2010. See archived posts. Jim Cramer: Economy Set for a Long-Term Bull Run Published: Wednesday, 21 Mar 2012 | 6:29 PM ET Text Size By: Bruno J. Navarro If you have a sense that…
LANGE FINANCIAL SERVICES: MARCH 13, 2012 8:00PM Today, the market enjoyed a clear cut breakout after a six-week correction/consolidation phase after rallying sharply from the October bottom, the level at which we became very bullish. The NASDAQ, the S&P 500 and the DOW all reached at least three year highs. We believed, and stated on the site, that the pullback…
LANGE FINANCIAL SERVICES: MARKET UPDATE: February 20, 2012 8:00pm Since the middle of January, there have been increasing calls by practically everyone for a decline of perhaps 10% in the popular market indexes. While it is hard to rule out a correction/consolidation given the 24% rally in the S&P 500 from the early October bottom, we expect that any decline…
LANGE FINANCIAL SERVICES: MARKET UPDATE. February 12, 2012 7:00PM Despite the prevailing investment caution including the many investors looking for a significant correction, we maintain our aggressive investment position pursued since early October as the DOW declined to 10,400 during this period. The current level is 12,800. Dow 13,000 is within sight. Our yearlong objectives remain the all-time highs of…
LANGE FINANCIAL SERVICES: MARKET UPDATE SUPER BOWL SUNDAY 2012. 3:00PM Despite the well known negatives especially the European financial crisis, we turned very bullish in early October. Prior, we were positive though recommending taking profits during the fourth quarter for 2011 in mid January, and at the end of the first and second quarters. The summer period was very difficult,…