Investing and Trading News, with a Contrarian, Sarcastic Twist!
Lessons from the 1987 Crash by Carl Swenlin It has been 25 years since the 1987 Crash, and I thought it would be a good time review a few things that probably won’t be covered elsewhere in the media. I may have covered these issues in the past, but a refresher can’t hurt. (This is […]
Congratulations to our friend Aaron Klein and his talented Riskalyze team for their feature in Barron’s – it only took two Riskalyze stories on this site to finally tip them off! We covered the 2nd release of Riskalyze in February – you can see my full product review, and ill-advised stock picks, here. Aaron recently […]
Faber starts the interview in his salty Swiss accent asking “Mr. Jimmy Rogers, who has been so bullish on China for years” to defend the 60%+ haircut we’ve seen in the Shanghai index since 2007. Rogers response? “Marc, it’s the middle of the night there – what are you at the disco? (Laughing) Where are […]
Our covered call sale on Guidewire is backfiring a little bit – the stock keeps going higher! An excellent quarterly earnings report is to blame. Guidewire keeps on closing deals and collecting recurring checks from existing customers. The result: GWRE has rallied from $26 to $32.15, straight through my strike price of 30. So the […]
Bridgewater’s Ray Dalio disagrees with Warren Buffett on gold, telling CNBC that it’s “the new cash.” “Gold should be a part of everyone’s portfolio to some degree,” he said. “It is the alternative money.” Dalio cites money printing as the reason why gold is now better than cash. And when asked about Warren Buffett’s aversion […]
Two new Jim Rogers interviews hit the wires this week. The first, courtesy of Mineweb, saw Rogers cite the current commodity pullback as nothing more than a blip in the broader bull market: This is nothing more than a blip. The bull market will continue until a lot of supply comes on stream and the […]
Sentiment and Seasonality Urge Caution by Carl Swenlin The National Association of Independent Investment Managers (NAAIM) weekly poll* shows that they are 83% long. This qualifies as an extreme level of optimism, and should cause concern. (This is a recent excerpt from the blog for Decision Point subscribers.) On the following chart we can see […]
For fellow fans of the Austrian school, you’ll love this detailed presentation by Marc Faber in which he lays the smack down on the Keynsians. Faber starts his presentation by pointing out that as recently as 1970, all investment banks were privately held. The culture has since changed quite a bit, as the partners running […]
The stabilization and surprising recent strength of the US housing market is starting to make the headlines – but if you’ve been following the charts of the homebuilders, the latest “good news” is no surprise to you. Homebuilder ETF ITB broke out to three-year highs earlier in 2012, and the uptrend remains in place, with […]
Next time you’re waiting in line at the grocery store, why not pull up the latest M2 numbers? Take the economy with you wherever you go. The FRED app gets you the economic data you need – anytime, anywhere. Enjoy full access to nearly 42,000 economic data series from 38 regional, national and international sources. […]
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