
Time to be Bullish? Investors May Get Their Chance to Go Long as some think this is a good time to be bullish… The summer might be ending, but the volatility continued yesterday, as shares prolonged the large gains made on Wednesday. And a late afternoon rally took prices towards the higher with the day [...]
The Stimulus Backfire ! * The Fed can print it, but can’t manage it: States hoard cash intended to save teacher careers * Sign from the times: Top-performing worldwide indexes belong to socialist nations * Rich Lee on the sudden resurgence from the eurozone crisis * Plus, Alan Knuckman about the current stock selloff… beginning [...]
China overtakes Japan…
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 Bush, at the time we [...]
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 [...]
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 (20.94%) [...]
“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 [...]
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 [...]
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 2.2% from April (though [...]
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