That Didn’t Take Long – Market Digests, Then Burps Up, Europe Bailout Plan

Our Archive

Search completed

It took the market exactly ONE trading day to catch on to our contrarian minded (and thoughtful) opinion of Europe’s bailout plan – that is, that the plan is a complete joke, and is nothing more than merely kicking the can down the road. Stocks and oil both dropped today after starting the day up […]

Read More

Fellow contrarians know that we’ve been watching the crude oil market for a sign of where this rally may be heading. Right now, crude looks absolutely gassed.  It dropped below it’s 200 day moving average last week (yes, the 200-day MA that we love to watch) – and has just managed to bounce up a […]

Read More

Crude oil expert Philip Verleger, who correctly predicted oil would hit $100 back in 2007, is now forecasting $20…this year! Verleger says that supply is outpacing demand by 1 million barrels a day – and with the global economy not really improving, a warm winter could prove to be “devastating” for oil prices. This jives […]

Read More

Categories