Investing and Trading News, with a Contrarian, Sarcastic Twist!
According to two economists interviewed by the South China Morning Post – Hong Kong’s newspaper (subscription req’d) – inflation in mainland China is expected to remain relatively docile in 2013. HSBC’s Donna Kwok projects 3.1% inflation, while Hong Kong based UBS chief economist Wang Tao has it pinned a bit higher at 3.5%. Of course […]
Earlier this week Jim Rogers sat down with Yahoo Tech Ticker’s new money honey Lauren Lyster, hamming up a 6-minute conversation that touched on higher education, agriculture, and Russia. Internet-financial-video-aficionados may recall Lyster from her previous (or still current?) gig at RT.com. I’m sure the move to Tech Ticker was a mixed bag for male watchers […]
Equal-Weighted Beating Cap-Weighted by Carl Swenlin I have long been a cheerleader for equal weighted indexes versus cap-weighted ones, and now seems like a good time to demonstrate why. In a cap-weighted index stocks influence the price of the index based upon their market capitalization (price time number of shares). For example the top 50 […]
Did China kick off the next bull market in cotton? It’s been a rough go for King Cotton over the past couple years. Since hitting post-Reconstruction highs in early 2011, it’s been a LONG way down (paging Sarah McLachlan). But now that the king appears to have found a nice pillow to rest his head […]
Coffee futures looked like they’d turned a corner – until the caffeine of the latest short covering rally wore off today: Apparently those 5 Hour Energy commercials were right. (via BarChart.com) Coffee’s been in a bear market for nearly two years now, after topping the $3 mark in early 2011. The contrarian in me thought that […]
Facebook has quietly carved out – and bounced up from – solid support in the high teens. Signs that monetizing mobile may not be as hopeless as previously thought have helped buoy a FB rally of 50% since September. So should we buy or sell FB here? The correct answer may be both – as […]
Mrs. Watanabe, welcome to Abenomics 101. Christmas in Japan is a widely celebrated, yet discreetly racier, holiday than its American counterpart (think Valentine’s Day, for mature audiences). This holiday season the party is expanding to Japanese financial markets, as Mrs. Watanabe tosses her panties at new Prime Minister Shinzo Abe, who has vowed to fight […]
Gold Resuming Long-Term Up Trend? by Carl Swenlin On the weekly chart below, we can see that, after making a new, all-time high back in August of 2011, gold went into a correction/consolidation mode, ultimately forming a descending triangle. While this formation suggests lower prices (the flat line is the weakest), price broke up through […]
Many investors are betting on social unrest, soon. Gun manufacturers Smith & Wesson (SWHC) and Sturm, Ruger & Company (RGR) are close to new breakout highs – check the trend on the multi-year charts: These two charts correctly predicted US election results long before the final votes were tallied. (via StockCharts.com – click to enlarge) […]
Since Obama’s re-election, Marc Faber has been on an absolute tear, predicting PAIN for all involved in the global economy and financial markets (basically everyone on planet Earth). His latest interview is a beauty – which he began by telling the CNBC anchors that they should open up a psychiatric clinic because they make everyone […]
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