Today’s Laugh Line: Thursday night on “The Tonight Show With Jay Leno” on NBC: BBC is reporting that Venezuela may have massive oil reserves, more than even Saudi Arabia. You know what that means? We could have invaded closer to home and saved gas. But to be fair to President [...]

OUR CONGRESSIONAL LEADERS WERE ON A MISSION.
They have been provided with an opportunity to cut through the misogynistic absurdity and move around one fundamental purpose — to protect the US Taxpayer from ever again being the unwilling recipient of a financial raping of the magnitude that we experienced at the hands of America’s bankers in [...]

If you read my posts regularly you probably know I am bearish these days but since I am a technician first I need to address a very important indicator that might support a bullish perspective:
The American Association of Individual Investors sentiment poll just returned its highest bearish percentage (57.07%) and lowest bullish percentage [...]

“It was the best of times, it was the worst of times…”
I know it’s a bit saddle-worn, but old Chas. Dickens was 1 heck of a student of humanity, and his opening to A Tale of Two Cities, what with its dichotomous wisdom, foolishness, belief and incredulity, just seemed too apropos to pass on today.
If [...]

To generate cash investing, you need to be ahead of the crowd… or at least seeking the story no one is telling.

That is a challenging endeavor today. All of a sudden, talking about the unspeakable — a double-dip recession and a retest of the March 2009 lows — is in style. Even readers are fed up with the end of the world as we have known it “stories”…

Did you ever hear the old saying:
“Fool me once shame on you, fool me twice shame on me!”?

Unless you were already a sophisticated investor, I’m sure you suffered
some significant losses last year and I’m sure you’ve asked yourself: “what
could have I done and what can I do to avoid such a disaster if it [...]

Wall Street was looking for improving results from the housing market numbers on Tuesday and Wednesday, but instead all they got was two black eyes.

Double Ouch!

The existing homes sales report for May was released on Tuesday, and in a word, it was disappointing.  May closed sales were unexpectedly down [...]

U.S. real estate market went to bat this week… and struck out, yet again. on three consecutive pitches actually.
Strike one was on Monday… when the Treasury released its latest numbers on the Home Affordable Modification Program. The background: 1.24 M borrowers enrolled in the program — which was launched with the hope of helping 4 [...]

It’s a common misconception that you cannot make money in a secular bear market (such as we are in right now).  This belief is especially prevalent among retirement savers.  The general thinking is that a secular bear market must surely mean the end of one’s retirement dreams.
And you know what?  They [...]

Is the recession truly over?
It may seem somewhat late to be asking that question. After all, haven’t Washington and Wall Street already bragged as to how we have had an adequate number of consecutive months of GDP growth to sound the death knell for “The Great [...]