Wednesday, December 30, 2009
Monday, December 28, 2009
Thursday, December 17, 2009
Saturday, December 5, 2009
Sunday, November 29, 2009
Wednesday, November 25, 2009
Tuesday, November 24, 2009
Monday, November 23, 2009
GOLD Rush.........
the gold trade is getting a bit crowded but...there are still enough
maniacs out there to keep it going..even after some scary pullbacks on
the horizon
maniacs out there to keep it going..even after some scary pullbacks on
the horizon
Thursday, November 12, 2009
Wednesday, November 4, 2009
Friday, October 30, 2009
Friday, October 23, 2009
Monday, October 12, 2009
Sunday, October 11, 2009
Thursday, October 1, 2009
first day of fall--voodoo is wrong again
Sept. 22 sees more market reversals than any other day. Blame the autumn equinox?
...read more
...read more
Wednesday, September 23, 2009
Thursday, September 17, 2009
bear market returning shortly?
The short answer is "time will tell". He is usually way too early. read more
Wednesday, September 16, 2009
will the BULL end at SP 1111.11 ???
down for the count.
I do believe that the next downer will be very scary. Everybody is looking for an opportunity to get in. Everybody also knows that the real economy is going no where!! So we have a perfect setup for the next killer wave...When they all throw in the towel at 1111, we will have a major buy. 666.66 to 1111.11 is 444.44 S&P points!!! Let's be patient.
I do believe that the next downer will be very scary. Everybody is looking for an opportunity to get in. Everybody also knows that the real economy is going no where!! So we have a perfect setup for the next killer wave...When they all throw in the towel at 1111, we will have a major buy. 666.66 to 1111.11 is 444.44 S&P points!!! Let's be patient.
Thursday, September 10, 2009
Sunday, July 19, 2009
Thursday, July 9, 2009
Sunday, July 5, 2009
More reserve currencies?
Medvedev said world needed more reserve currencies but that there was currently no alternative to the U.S. dollar...read more
Thursday, July 2, 2009
Economy to Stay Weak 'For a Number of Years': Gross
...real gross domestic product likely will grow at just 1 to 2 percent annually for the next generation or so...read more
Friday, June 26, 2009
Tuesday, June 23, 2009
Monday, June 22, 2009
Economic world war ahead? Let's learn the lesson of Pearl Harbor
We can meet most of our needs ourselves. And what exactly are you going to do with all the factories you have built and the hundreds of millions of inhabitants you need to feed?" ...read more
Wednesday, June 17, 2009
Bear Bull Cycles
Throughout history, secular bears have had average durations of 17 years. These great bears follow great bulls, which also happen to average 17 years... read more
Thursday, June 11, 2009
housing
note that ITB is back to single digits...
housing will not lift the US out of the slime.
neither will autos, and other consumer demand items.
technology is the mantra....and commodities also provide the inflation
hedge.
housing will not lift the US out of the slime.
neither will autos, and other consumer demand items.
technology is the mantra....and commodities also provide the inflation
hedge.
almost hit 5% on 30-yr
and 4% on the ten-year.
Tuesday, June 2, 2009
Inflation
looks like inflation concerns are starting to surface (bonds down & gold up). the implications for stocks are not clear for the short term. long term big inflation will produce dow 60,000 in 15 years. i know it sounds crazy, but it has happened before.
stocks for now have very little to do with fundamentals. all technical. there are times when fundamentals are the key, but for now it is technicals and the trend is your friend.
Experts Fear U.S. Will Suffer Zimbabwe-Level Inflation
Investing experts now worry that inflation in the United States will approach that in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates...read more
Monday, June 1, 2009
Inflation
Looks like the inflation cat is trying to run loose.
Gold up!
Bond down!
Assets heading north
Gold up!
Bond down!
Assets heading north
Wednesday, May 20, 2009
From moneyandmarkets.com
market is opening strong. but this item caught my eye this morning.
Here's how technical analysis tells me that the rally of the past 10 weeks is probably not the beginning of a new bull market but rather a bear market rally that will be followed by renewed weakness:
- The stock market rally since March 9 showed rather weak volume. This is typical for a bear market rally.
- The stocks with the weakest fundamentals — the weakest balance sheets — and the highest short interest have risen the most. This is also typical bear market rally behavior.
- Most indexes in Europe and the U.S. have risen to major resistance areas. Most have touched their falling 200-day moving averages for the first time since May 2008. A falling 200-day moving average is the most reliable moving average to stop a bear market rally.
- Momentum indicators, like the Price Momentum Oscillator (PMO), my favorite, are extremely overbought. Right now they've rolled over and issued sell signals.
- Sentiment indicators show a huge shift since March. Bears are again a minority, both in relation to the stock market and the economy. Since sentiment indicators are contrarian indicators, this is an additional red flag for the overall bearish picture.
- Many bullish analysts show analogies with former bear market bottoms to prove their bullish point. They never use the 1930s as an analogy, why? If they did, they'd have to conclude that the market was on its way to new lows ... right now.
- Since March 9, the stock market rally has the look of a wedge formation, one of the most reliable chart formations. On May 13, as shown in the chart below, the price broke below the lower trend line of this wedge and did so dynamically. This was a sell signal, marking the end of the bear market rally.
| Stock market bears are in a minority ... a red flag for the overall bearish picture. |
Thursday, May 14, 2009
The Last Hurrah and Seven Lean Years
|
Depression & Demography
Cannot reverse the great wave of wealth destruction. read more
by David P. Goldman
Copyright (c) 2009 First Things (May 2009).
Three generations of economists immersed themselves in study of the Great Depression, determined to prevent a recurrence of the awful events of the 1930s. And as our current financial crisis began to unfold in 2008, policymakers did everything that those economists prescribed. Following John Maynard Keynes, President Bush and President Obama each offered a fiscal stimulus. The Federal Reserve maintained confidence in the financial system, increased the money supply, and lowered interest rates. The major industrial nations worked together, rather than at cross purposes as they had in the early 1930s.
In other words, the government tried to do everything right, but everything continues to go wrong.
Tuesday, May 12, 2009
Wednesday, April 22, 2009
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