What Worries Me Is The Strong Dollar

In the end what bothers me is the strong U.S. Dollar because tomorrow we will not be talking about Greece as much as we are going to be talking about Alcoa (AA).

Earnings Will Determine The Market`s Direction

Welcome to the week where earnings, not macro forces will finally determine the action in stocks. Expect good things from domestic companies like United Health (UNH) and for the rest I think it is going to be a case by case.

Johnson & Johnson (JNJ): Earnings Estimates Will Come Down Hard

Tuesday morning we get results from Johnson & Johnson (JNJ). The headline numbers for this company are about as meaningless as they come. You will have no idea how Johnson & Johnson (JNJ) is really doing until mid way through the conference call when they give you their outlook, their forecast.

I suspect that the company`s earnings estimates may have to come down and down hard because of the stronger dollar.

Don`t Focus Too Much On The Federal Reserve

There goes another week, another week where we spent way too much time focusing on the Fed and not enough time focusing on the actual companies that are impacting their own stocks over earnings, takeovers and break-ups.

Until The Dollar Stops Going Higher It Will Be Very Hard To Make Money

Europe is on fire. That market goes up pretty much every day. We are like the polar opposite until the U.S. Dollar stops going higher it will be very hard to make money here other than a couple of domestic plays. If the dollar stops going higher this money may actually reverse.

There are just too many companies that will disappoint with the dollar going up and if they can get the dollar to go down a little then the CEOs can have something to say that isn`t just cut numbers. Only 30 percent of the analysts have cut the numbers yet based on the dollar so you know there are a lot of numbers coming down.

Transportation Stocks: I Am Very Concerned

Ebay (EBAY): It Is Not My Favorite

People are trying to question wether there is going to be much value in the spinoff because PayPal is under attack. I personally think it is OK. Is it my favorite? 

I like Facebook (FB) and Twitter (TWTR) more. If the insiders in Twitter (TWTR) would stop selling for a second they may actually find out that their company is doing well.