Like Grandma Said, "Time To Watch Your Tush!"

This blog post originally appeared on RealMoney Silver on Dec. 30 at 7:53 a.m. EST.

Here is a synopsis of some of my remarks, a summary of my surprises for 2010 and some of my other comments from the show. Already, this week, one of my Surprises seems to have occurred. Surprise No. 16 was that one of the largest and most successful hedge funds would be troubled by legal issues. Indeed, yesterday The Wall Street Journal reported that hedge fund Harbinger Capital Partners has been accused of receiving inside information in a takeover bid several years ago. Back to the markets. The Steady Advance in Worldwide Equities Continues This week the risk trade remained on, despite protests from some quarters (e.g., The Edge). The equity markets continued their ascent this week, marking six consecutive days of improving share prices. (We have to go all the way back to April 2007 to have seen a seven-day skein.) And assuming stability over the next two trading days, the Nasdaq's December rise will likely be the best since the bubble days of December 1999! N's (Nasdaq) continue to trump S's (S&P 500 Index), as the Four Horsemen of the Nasdaq picked up some additional Wall Street endorsements. Henry Blodgett-like price target raises for Google (GOOG) and Amazon (AMZN) are starting to make it look a lot like Christmas 1999 (!) as those shares continue to be buoyed by the sponsorship of momentum players (and other long-term believers).   Loading Comments...   < Previous 1 2 3 4 Next >

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