Investing and Trading News, with a Contrarian, Sarcastic Twist!
Here’s a rare, extended interview with Doug Casey. For regular Casey followers, there’s not too much new – he still likes gold, though is a bit uncomfortable recommending it at current prices, as he prefers to buy assets when they are dirt cheap. His advice on diversifying yourself internationally is always important for me to […]
Long-Term SELL Signals by Carl Swenlin, President and Founder, DecisionPoint.com A long-term sell signal is generated when the 50-EMA of a price index crosses down through the 200-EMA (generally known as the Death Cross). At Decision Point we don’t consider the long-term sell signal to be a demand for action. Rather it is a flag that […]
by Sy Harding Markets around the world plunged so dramatically after topping out at the end of April (the S&P 500 down 18%), that they became very oversold short-term, a condition that usually results in at least a short-term rally off the oversold condition, a so-called relief rally. And sure enough a relief rally did […]
Reading headline after headline panning the latest Europe sovereign debt salvation plan from Germany and France, you might be tempted to think that yields were breaking out to new highs. If so, you’d be wrong. For the time being, at least, the bond market appears to be relatively appeased. Since it’s likely that nobody really […]
One added treat of this stock market collapse? More Faber! Bloomberg got him on the horn once again at the end of last week – he chidingly applauded the Fed for not yet announcing QE3. Faber also believes Treasuries are a huge bubble, that “every responsible adult should own gold”, and that the technical setup […]
by Carl Swenlin, President and Founder, DecisionPoint.com The Percent Buy Index (PBI) has reached levels seen only at the bear market lows in 2002-2003 and 2009-2010, and we think it has very negative implications. At Decision Point we apply a medium-term timing model to all the stocks in the S&P 500 Index, and track the percentage […]
Time to buy the market? It’s at least time for a relief rally to sell into, says Sy Harding, based on his technical analysis of current market conditions… —- Being Street Smart Sy Harding It’s Time For Some Relief August 12, 2011 We’ve had enough bad news in recent months. It’s time for at least […]
Many readers are familiar with Stratfor’s George Friedman, who is excellent at peering into the geopolitical considerations of nation-states. With the world approaching a full blown multi-dimensional crisis, Friedman takes a look at the political drivers and concerns of the three major players – the US, Europe, and China. The current economic crisis is best understood […]
Debt deflation icon Steve Keen is circling the wagons – he’s got a new blog post, and as usual, it’s well worth a read. Keen, a true thinking man’s economist, sees continued deleveraging that will in turn continue to drive down asset prices – likely to much lower levels. His core thesis is that asset […]
Last week, Marc Faber commented that he could already smell QE3. Could we see a little “shock and awe” from Crazy Ben as soon as tomorrow? Bloomberg reports: Federal Reserve officials tomorrow may move to bolster investor confidence after an unprecedented downgrade to America’s credit rating and concern the U.S. may be headed for a […]
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