Investing and Trading News, with a Contrarian, Sarcastic Twist!
Marc Faber gave a stellar 30+ minute interview for The McAlvany Weekly Commentary. You can read the transcript here, and listen to it here. Of the many interesting (and unique) points Faber made, one that stuck out was his claim that 80% of the US budget is basically untouchable: David: What measures might the Fed […]
Jim Chanos’ short of ExxonMobil is indicative of the bullish fundamentals that lie ahead for natural gas, according to Frank Curzio…because Exxon needs to replace its reserves somehow: And just last month, he (Chanos) discussed his bearish stance on ExxonMobil: “ExxonMobil will not be able to replace its reserves.” You see, ExxonMobil isn’t the only one having […]
Wow – Dave Rosenberg writes today: Remember, there has been an 86% correlation between the movements in the Fed balance sheet and in the S&P 500 since the onset of QE two-years ago. Source: Breakfast With Dave Indeed, it took Bernanke one practice swing, but he got pretty good at this QE thing pretty fast…in […]
Sentiment on the dollar is in the tank – and we’ve got a pretty decent crisis on our hands in the Middle East. So you’d think with all the bad news already priced into the buck that this turmoil would be enough to send the dollar sprinting higher. Good guess…but thus far, an incorrect one! […]
Marc Faber talked to the BBC a few weeks back, sharing his thoughts about what would trigger QE3, why he is still advising people to accumulate gold, and the bubble in China. Here’s the interview (audio only): Instead of investing directly in China, Faber recommends investing in things that China needs – such as industrial […]
A scary week in the markets – for once! Was this week a mere head fake in the markets’ endless climb to the sky – or a warning shot across the bow? —- A Warning Shot for Investors? Being Street Smart Sy Harding February 25, 2011 Many important global stock markets, including China, Brazil, India […]
No doubt about it – stocks that pay dividends vastly outperform those that don’t. Check out this “dividend payer” performance chart from Ned Davis research. (Hat tip Dan Ferris from the 12% Letter for the link!) Companies that pay a dividend outperform those that don’t – and all the better if they raise their dividend […]
Interesting take on why rising commodity prices ultimately have a deflationary effect – from David Rosenberg in yesterday’s Breakfast With Dave: The bond market is telling you something very important here that rather than being a permanent source of inflation, what we are witnessing is a global exogenous deflationary shock (the impact on discretionary spending in America will […]
Here’s a classic example of why it’s advisable to keep your stops just below obvious levels – and out of the market, too. Our rice trade thus far has not panned out as hoped (we bought the two-year breakout in rice prices on February 1st – here’s why). After an initial continued run higher, rice […]
I know that some readers follow Tom DeMark’s work and indicators for market timing – today DeMark gave his short term outlook on CNBC, where he explained his belief that we are at a major market turning point. Here’s the CNBC video: Hat tips to Distressed Volatility and The Daily Crux for breaking this story!
Recent Comments