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,…
Always remember this quote: ” There is only One Reason you buy a stock and that is to SELL it” Fred W. Lange WAB Report. Next week we have a rate decision from the European Central Bank (ECB) and it is widely expected that they will keep their benchmark rate unchanged at 1.00%. There is also a similar release from…
We want to commend Fred and Rob Lange at Lange Financial Services. They have been adamant about the economy getting better for at least the last year, actually since they called for Gridlock and a positive market before the 2010 Elections. They absolutely declared that we would not experience a ” double dip “, and were right on with regards…
LANGE FINANCIAL SERVICES- MARKET UPDATE. SUNDAY JANUARY 29, 2012 5:00PM Despite consistent investment caution witnessed during the 20% rally from the October bottom, the market internally remains strong. Breadth figures were up significantly last week while new one year highs were 367, up substantially from prior peaks. NASDAQ indices were up noticeably as were many other popular indexes attesting to…
This week earnings season will kick into high gear, with a slew of big names from the S&P 500 reporting. We also have the GDP numbers from the US and the UK. The event that the market will have its eyes on the most, however, is the FOMC decision on Wednesday. Currently, the market is signaling that there may be…
Thankfully, we at Wall And Broad Report have had the amazing guidance from Fred and Rob at Lange Financial Services. In our opinion, had one followed and acted on their comments on the site, they would have fared 2011 very well. WABR. 2011: Disastrous Year For Mutual, Hedge Fund Managers By Barry Ritholtz – January 17th, 2012 “Hedge funds have…
LANGE FINANCIAL SERVICES DECEMBER 27, 2011 8:45AM Since our last update in November, the market remained in an almost unpredictable, volatile, and difficult trading environment state, largely reflecting the deteriorating Euro financial crisis. Many stocks had declined noticeably in recent months due to prevailing uncertainties and are still well below earlier peaks. During this period, as well as in prior…