Investing and Trading News, with a Contrarian, Sarcastic Twist!
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. […]
By now, you’ve heard the takes on Paul Ryan’s speech from last night. But what does the market think? Mr. Market is nodding along with many of the pundits, as Intrade’s “Long President Romney” contracts are trading up 0.9% at the moment. Source: www.intrade.com (Click to enlarge) The “real” experts – as in, the degenerates […]
by Carl Swenlin After languishing for three months in a sideways consolidation, gold has finally begun moving up again. This is encouraging for gold investors, but there are still obstacles to be overcome before it can be considered to be fully in the clear. (This is a recent excerpt from the blog for Decision Point […]
In his latest quarterly letter, GMO’s Jeremy Grantham has one-upped Jim Rogers in predicting how long this bull market in agriculture is going to last. “It now appears that we are also about five years into a chronic global food crisis that is unlikely to fade for many decades, at least until the global population has […]
Yesterday I tried something new – selling covered calls in my IRA account. It’s a strategy I’ve been reading about, and pondering, for years. And what better experimental ground than my IRA and this blog! Ideally this strategy should be employed on safe, dividend paying blue chip stocks. So we’re naturally going off-script in our […]
by Carl Swenlin Decision Point publishes a daily Tracker report of our 152 Blue Chip list. This list is composed of the stocks in the S&P 100 Index, the Dow 65, and some large-cap Nasdaq stocks. We also track the Top 10 stocks in ths list, ranked by relative strength measured by Decision Point’s proprietary PMO […]
Yesterday I joined Riskalyze’s Aaron Klein and Financial Bin’s David Domzalski for their weekly edition of Market Matters. The show was a lot of fun – we tore into Facebook for a good bit, then discussed some beaten down commodity plays, along with some dividend growth stocks for our ZIRP world. My wife described it […]
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