Investing and Trading News, with a Contrarian, Sarcastic Twist!
As the Dow hits a new time high, with the S&P 500 close behind, signs of an impending correction continue to pile up. While the market has continued to climb the “wall of worry” higher since March 2009, it’s worth remembering that markets do go down once in awhile as well. Today technician Carl Swenlin […]
I hope for all involved that the intended meaning got lost in translation here. Over the weekend, Japan Economics Minister Akira Amari put a near-term target on the Nikkei: “It will be important to show our mettle to see the Nikkei [Average] reaches 13,000 points by the end of the fiscal year” on March 31, […]
Shame on me for not doing my homework on this trade! As I was reading the Weekend WSJ on Saturday, while fitting enjoying a french pressed cup of arabica coffee, I learned why my recent coffee trade was ill-timed. The market has been increasingly swapping out arabica beans for their cheaper robusta cousins, resulting in […]
Anecdotally you probably believe that this market is pretty overbought – here’s some convincing further evidence, presented by technician Carl Swenlin. It’s not a guarantee of price declines, but as Swenlin mention, it should be a reason to exercise caution on the long side of this market… Very Overbought Market by Carl Swenlin One of […]
Casey Research’s Louis James takes a look at the performance of gold stocks over the past decade, and reaches a surprising conclusion that puts their recent underperformance in perspective… **** Gold Miners vs. the S&P: Surprising Conclusions by Louis James, Chief Metals & Mining Investment Strategist, Casey Research We often hear the claim that gold producers […]
Sacramento-area home owners beware…it may be time to prepare for the next leg down in the market! I regret to inform you that yours truly – yes, the same guy who wrote an impassioned renter’s manifesto in 2010 – now has a “long” position in the housing market. The cold hard math tilted so much […]
Futures Indexes Versus ETFs by Carl Swenlin READER QUESTION: I am always curious why you elect to use a surrogate of a market to provide a technical analysis. The one I have a concern with is using UUP to analyze a H&S formation and mention violation of support. However, the actual dollar chart shows that […]
According to two economists interviewed by the South China Morning Post – Hong Kong’s newspaper (subscription req’d) – inflation in mainland China is expected to remain relatively docile in 2013. HSBC’s Donna Kwok projects 3.1% inflation, while Hong Kong based UBS chief economist Wang Tao has it pinned a bit higher at 3.5%. Of course […]
Earlier this week Jim Rogers sat down with Yahoo Tech Ticker’s new money honey Lauren Lyster, hamming up a 6-minute conversation that touched on higher education, agriculture, and Russia. Internet-financial-video-aficionados may recall Lyster from her previous (or still current?) gig at RT.com. I’m sure the move to Tech Ticker was a mixed bag for male watchers […]
Equal-Weighted Beating Cap-Weighted by Carl Swenlin I have long been a cheerleader for equal weighted indexes versus cap-weighted ones, and now seems like a good time to demonstrate why. In a cap-weighted index stocks influence the price of the index based upon their market capitalization (price time number of shares). For example the top 50 […]
Recent Comments