Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
Anecdotally you probably believe that this market is pretty overbought – here’s some convincing further evidence, presented by technician Carl Swenlin. It’s not a guarantee of price declines, but as Swenlin mention, it should be a reason to exercise caution on the long side of this market… Very Overbought Market by Carl Swenlin One of […]
Casey Research’s Louis James takes a look at the performance of gold stocks over the past decade, and reaches a surprising conclusion that puts their recent underperformance in perspective… **** Gold Miners vs. the S&P: Surprising Conclusions by Louis James, Chief Metals & Mining Investment Strategist, Casey Research We often hear the claim that gold producers […]
Sacramento-area home owners beware…it may be time to prepare for the next leg down in the market! I regret to inform you that yours truly – yes, the same guy who wrote an impassioned renter’s manifesto in 2010 – now has a “long” position in the housing market. The cold hard math tilted so much […]
Futures Indexes Versus ETFs by Carl Swenlin READER QUESTION: I am always curious why you elect to use a surrogate of a market to provide a technical analysis. The one I have a concern with is using UUP to analyze a H&S formation and mention violation of support. However, the actual dollar chart shows that […]
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