Investing and Trading News, with a Contrarian, Sarcastic Twist!
Dollar UP. Everything else DOWN. Sound familiar! Forget Facebook – this is the real financial story. There has not been a lot of green on many screens of late, except for one castoff – the buck. Call it what you will – the best house in a bad neighborhood, the flight to safety – fact […]
John Hussman expresses deep concern about stocks at current valuation levels in his latest (excellent) piece. Contrary to what’s reported in mainstream financial media, stocks are actually quite expensive by all historical standards he says. Present market risks involve a confluence of factors. First, valuations remain unusually rich. Though prospective returns are better than at […]
As the US dollar rallies furiously, it’s counterpart Down Under continues to get slammed. Are these currency moves getting a bit overdone? Chris Gaffney weighs in… Data Show US Economy is Improving by Chris Gaffney, EverBank Good day. The dollar continued to benefit from the troubles in Europe yesterday, adding to its weekly gains. The dollar […]
As energy expert Marin Katusa weighed in earlier in the week, it’s going to get ugly in the natural gas sector, as companies are going to be forced to write down their reserves to reflect the ugly realities of $2 natty. So which natural gas stocks should you look to sell…or even short? Marin weighs […]
If you’ve been waiting for the correction in silver to play through, these are interesting levels to consider punting at. This will be the fourth time in fourteen months that silver has tested support at $26 – and the previous three times, it’s held. Thus far, Toto would be proud – silver’s held the line […]
If you’ve always wished you could get fleeced by a Goldman banker, here’s your chance. Buy some Facebook shares tomorrow – and take the other side of the trade from Golden Slacks! Shocking, I know – Goldman got a special deal on FB shares on the secondary market a year ago, when FB carried a […]
Software, as you probably know, is a great business. Zero marginal cost, no inventory to monitor, and no goods to physically ship. The key to selling business software is finding an easy act to follow. Microsoft (MSFT) Excel was successful because there were no personal spreadsheet applications at the time. QuickBooks gained massive market share […]
Jim Rogers joined the original money honey Maria Bartiromo today on CNBC’s closing bell for a solid ten-minute interview (link and embed below). He views the current decline as a normal correction (said it could go all the way to $1200 and still be within the confines of a normal correction). Has recently hedged his […]
When investors are running for the pound, you know things are getting wacky in Europe! Our currency guy Chris Gaffney checks in on the latest from Europe in today’s Daily Pfennig… Pound Sterling as a Safe Haven? by Chris Gaffney, EverBank Good day. And welcome to another week. Chuck is headed out to Las Vegas […]
Fantastic job by Mark Cuban in his latest blog post, as he takes college education out to the woodshed. He predicts a meltdown in college education, along with the financing of it, drawing interesting parallels with the housing bubble. It’s just a matter o time until we see the same meltdown in traditional college education. […]
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