Investing and Trading News, with a Contrarian, Sarcastic Twist!
Handicapping the Potential Successors to Ben Bernanke By Paul Brodsky, QB Asset Management [Ed. note: This article originally appeared as a guest contribution in the “Midweek Matters” Casey Daily Dispatch.] A couple of days after the Fed announced Ben Bernanke would not attend the Jackson Hole summit, for the first time in twenty five years, […]
With the precious metals recovering from their recent free fall, you would think investor sentiment would be at rock bottom levels. If so, then you (and me) would be wrong – at least according to an indicator that only our technical expert Carl Swenlin would have a beat on! Precious Metals Sentiment by Carl Swenlin […]
Regular contrarian correspondent Sy Harding digs into recent economic data, including last week’s jobs report, to see if we’re potentially heading for another summer slowdown in 2013. Of particular concern to Sy is the decline in average hours worked – which may signal there’s less work that needs to get done. (Everbank’s Chuck Butler cited this […]
There are two entry strategies I like to employ when trading agriculture. The first, and classic, is to enter a position on a significant breakout to the upside – as we highlighted recently with regards to cotton futures. This tried-and-true trend following play concedes the first 10-20% of a move, with the goal of catching […]
Interest rates are beginning to creep up – and technical guru Carl Swenlin believes this may the long-awaited secular upturn in rates. He outlines – and shows via his trademark charts – why this is. Interest Rates Turning Up? by Carl Swenlin Based upon very long-term charts and commentary from Hoisington Investment Management Company, for some […]
The latest jobs report for March 2013 sparked some mixture of relief, optimism, and skepticism, depending on your perspective. Technician Sy Harding doesn’t think it matters as a leading indicator – watch the tape to see what’s ahead, he says. Sy is currently keeping a cautious “buy” call on stocks – but he is prepared […]
Just nine months ago, we were licking our chops at cotton’s blue light price special. Cotton had been smashed from a post-Reconstruction high of over $2 to WAYYY down below the $0.70 mark. Cotton futures have quietly dipped to their lowest levels in two years, prompting our “contrarian alert” to sound. Likely, cotton will base […]
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 […]
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