10 Things That I'm Pondering.

Things that I scratch around in my notebooks. {Some we'll perhaps cover in more detail in subsequent posts}:

1. Whether that 10% rally we saw in stocks November to early January was the real thing or end of the year portfolio goosing by mutual fund managers.

2. Whether the Obama Administration after setbacks in elections and on health care will take to the center or lash out and become more populist. Populism is likely a multiple contracting event for stocks.

3. Whether tomorrow's expected tablet announcement from Apple Computer will have a positive effect on technology stocks or if it's already baked in.

4. What did yesterday's less than stellar stock market rally mean?

5. What are the long term implications from the tragedy in Haiti?

6. What is the market telling us that the response to this year's earnings season so far has been to sell the mostly good news coming from America's corporations.

7. Where is a good place right now to put new investor's money? Have we adopted enough of a defensive posture in client portfolios commiserate with their profiles?

8. What are the possible unlooked for events that could have a significant impact on the economy and on stocks?

9. On a timeline basis how far along are we into the "Great Reset"?

10. When will we see warm weather in Chicago? When will the Cubs win the World Series? Will Indianapolis win the Super Bowl by 10 or 14 points?

*Long Apple Computer in several client accounts as legacy positions.