Even with some better economic news, it’s very important that investors not lose sight of the fact that the stock market is due for a massive correction.

The run-up since the beginning of the year is pronounced, but the stock ... Read More

This article Why This Lofty Stock Market Requires an Abundance of Caution originally published at Daily Gains Letter by Mitchell Clark.

In a rare miss for a consumer products business, The Clorox Company (NYSE/CLX) disappointed the stock market by reporting very flat first-quarter numbers.

It’s more evidence that real economic growth continues to be elusive.

The Clorox Company is a really ... Read More

This article How Barbecue Charcoal Reveals the Truth About the U.S. Economy originally published at Daily Gains Letter by Mitchell Clark.

If there is good news to be had, it is that corporations are increasing their dividends.

The unprecedented amounts of cash floating through the economic system have fostered an unfortunate environment in which corporations don’t need to make substantial new ... Read More

This article Why Corporations Are Ducking New Investment in the U.S. Economy originally published at Daily Gains Letter by Mitchell Clark.

Get ready for a stock market shakedown. It’s coming. It’s overdue.

I’m not as worried about blue chips. It’s the smaller companies that are all over the place, both operationally and on the stock market.

The lack of uniformity in ... Read More

This article The Good, the Bad, and the Ugly of the Jagged U.S. Economy originally published at Daily Gains Letter by Mitchell Clark.

Very soon, the stock market will be overbought. It’s time to be extremely cautious.

Even in the face of mixed earnings and economic news, institutional investors keep buying this market. And while fundamentals don’t particularly support a rising stock market, ... Read More

This article Three Reasons Why Institutions Are Buying Stocks and Why Investors Need to Be Extremely Cautious originally published at Daily Gains Letter by Mitchell Clark.

Reflecting the strength in the U.S. housing market, Weyerhaeuser Company (NYSE/WY) reported very good financial results in its first quarter.

The company’s 2013 first-quarter revenues leapt to $1.95 billion, way up from $1.49 billion in the same quarter last year, ... Read More

This article Lumber Sales Forecasting Stronger Housing Market? originally published at Daily Gains Letter by Mitchell Clark.

The Procter & Gamble Company (NYSE/PG) is likely a company that a lot of people have in their stock market portfolios, whether they’re saving for retirement or are actually in retirement now. It remains a great business with solid potential ... Read More

This article Consumer Staples No Longer a Buy in This Market originally published at Daily Gains Letter by Mitchell Clark.

If corporate earnings are coming in as expected and first-quarter revenues are light, the one thing that is very noticeable is the continuing improvement in balance sheets.

Cash and cash equivalents continue to see increases, and shareholders’ equity is going ... Read More

This article Is It Time to Jump On or Fall Off the Stock Market Bandwagon? originally published at Daily Gains Letter by Mitchell Clark.

Revenues are coming in light, but earnings are holding up.

Now that it’s the heart of earnings season, it’s a good time to reevaluate portfolios for risk.

There is still a lot that could go wrong in this market, and ... Read More

This article Why Corporations Aren’t Investing in the Economy—Again originally published at Daily Gains Letter by Mitchell Clark.

Earnings season is in full swing, and it’s looking like the retail/merchandising sectors are doing relatively well. The data support the case that consumers are spending again; whether this is sustainable or not is another matter, but for the first ... Read More

This article Online Retailers Holding Up, but Are They Worth the Investment Risk? originally published at Daily Gains Letter by Mitchell Clark.