 Submitted By Gary Tanashian
Why is it so critical to watch indicators like leading market ratios, sentiment, the ratio of gold to silver, money supply, etc.? Well, one look at this nominal SPX chart provides an answer; trying to figure out the nature of a similar downturn to that of last June/July devolves into a mere...
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Submitted By Gary Tanashian
After the letter is written, proofed and mailed out to subscribers I generally need to take a break from it all. This morning I went out for a run in the err, brisk New England fresh air. Head relatively clear, I can then take another look at the letter and write this 'out now' post...
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Submitted By Gary Tanashian
Long before the absurd rationalizations popped up lately explaining why the copper component of Hope '09 was not a speculative mini-bubble but rather, based on inflationary fundamentals, there was a newsletter writer getting bullish on copper because the downside hysterics were getting out of hand...
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Submitted By Gary Tanashian
Well, current deflationary impulse aside, I agree with Mr. Taleb. Everybody ready for the misperceptions game?
By Michael Patterson and Cordell Eddings
Feb. 4 (Bloomberg) -- Nassim Nicholas Taleb, author of “The Black Swan,” said “every single human being” should bet U.S. Treasury...
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Submitted By Trader Mark
I am cutting back on these names for identical reasons in all situations. Stocks that had blown through support and now have made their way back to a resistance area or very close; identical set up as we see in the major indexes. I will go with the same concept as with the indexes - if...
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Submitted By Trader Mark
Many stocks have bounced back from oversold levels last week, but the majority continue to have poor charts and trade below some key moving averages. One name I identified a few weeks ago as "very interested in" was Seagate Technology (aytoinvest.com/quote/STX">STX) - who is not in the...
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Submitted By Trader Mark
This certainly would be one idea to pump up ratings at CNBC....
Please note the "analysis" going on in the background of this live shot around the 1 minute market in the video below, as this fella's colleague is being interviewed about the Australian interest rate decision earlier this...
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Submitted By Trader Mark
After a much needed oversold bounce [So Far, So Perfect Oversold Bounce], we have quite possibly the most obvious line in the sand in the S&P 500 chart that has appeared in a long time. Two moving averages are just over current levels on the S&P 500, providing resistance .... if the market...
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Submitted By Trader Mark
The reaction to earnings this period is quite confusing. Yesterday I saw some stocks that missed estimates jumping 6-10%, yet American Superconductor (AMSC) had a good report and sold off 10%. Another example of why trying to game earnings is nearly impossible in the long run - even if...
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Submitted By Trader Mark
The mutual fund is now on schedule for a summer 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists.
[Jan 2008: Reader Pledges Toward Mutual Fund Launch]
[May 2008: Frequently Asked Questions]
Our story in...
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Submitted By Trader Mark
First, let me state I have never heard of Mr. Threlkeld, so I don't have any history to draw from - however according to this Bloomberg piece.
...Threlkeld, who first got the world’s attention in 1996 when he showed that hoarding by Sumitomo Corp.’s Yasuo Hamanaka would lead to a collapse...
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Submitted By Trader Mark
As happy as I was with performance last week - I am equally unhappy with navigation of the market this week thus far. So far we've had the perfect oversold bounce with the last 2 sessions sharing many characteristics of 2009's rallies...
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Submitted By Trader Mark
An interesting analysis in Bloomberg on what normally happens after huge inventory adjustments upward within the Gross Domestic Product. I specifically did not mention last Friday's GDP because it's all hot air to me - for example the GDP deflator, a measure of inflation, came in at 0.6%...
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Submitted By Trader Mark
2 very nice graphs courtesy of Calculated Risk blog, showing *part* of the reason it was necessary to massacre the US taxpayer in the still of the night Christmas Eve - i.e. put the US taxpayer on the hook for unlimited losses for the next 3 years (rather than the originally promised $200 BILLION,...
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