I blog today from a little wi-fi hotspot café in the Philadelphia airport. As luck would have it I jumped out from bed at the ripe hour of 4:30 a.m. only to find out that my flight had been cancelled. In case you were curious, I am on my way to be best man in my friend’s wedding near Syracuse, New York. Although there are plenty of thoughts to go around in my mind there is always time to see how the markets are doing.

With the recent drop on the exchanges many investors are probably worried about their investments. You may be tested over the next few weeks as the markets will try to shake out weak hands, but have no fear. Tis the season to reap the returns you deserve.

Will you find green in your stocking this holiday season?

Without hesitation my answer would be yes. However, for now you need to sit tight, be patient, and the profits will continue to tumble in. What you saw over the past few days was the beginning of a short consolidation period which will enable the indices to regain momentum and continue to surge forward. On the Dow there is major support near 12,000. Any trading below this point should signal you to be cautious and to lower your exposure in domestic equities. Otherwise, there is really no need to be bearish at this point as we are well above this critical mark.

On a side note, if there is any particular security you wish for the Jutia community to review please let us know. The best way would be to start a discussion in our forums section where others including myself will easily find you.