Investing and Trading News, with a Contrarian, Sarcastic Twist!
I know a lot of our readers are looking forward to Obama’s upcoming job miracle speech – looking forward to drinking some whiskey straight from the bottle, that is! Well misery loves company, and if you’ve had enough of the stimulus and bailouts, you’re not alone…it feels like Groundhog Day! A Raging Case of Bailout […]
One of the main reasons why I hate the stock market at these levels is that nobody is really paying a dividend. At secular bear market bottoms, you typically see nice fat dividends of 5% or more. Today you’re hard pressed to find a company that pays more than a point or two. Since I […]
If I have a topic that’s an even bigger favorite of mine than investing, it’s making money in the first place. You need money to make more money, but most of us start out basically from scratch in life. So I’ve spent the better part of my last decade trying to figure out how to […]
by Chuck Butler There’s a fly in the ointment, folks… The ointment being the bailouts of Greece, Ireland and Portugal… A German court is going to rule on the constitutionality, or legality, of Germany’s participation in the bailouts, and this ruling is expected tomorrow, September 7th! This is like here in the US, where we […]
While America was waking up to a Labor Day of BBQ and outdoor beer drinking, Italian and Spanish bonds were collapsing versus German bunds. I would have sipped beer all day without a clue, were it not for our intrepid Euro bond expert Dr. Evil, who was kind enough to drop this jaw-dropping chart in […]
Contrary Investing favorite Ron Paul – perhaps the only politician in the world we feel warm and fuzzy about – lays out an excellent explanation of the Austrian school of economics for Fox News. He gets into the good Austrian stuff around the 11 minute mark. What exactly is so hard to understand when it […]
Bear Market Rules Apply by Carl Swenlin, President and Founder, DecisionPoint.com On August 17 the S&P 500 Index 50-EMA crossed down through the 200-EMA, declairing by our definition that the long-term trend was down and that we were in a bear market. When this happens, we remind ourselves that “bear market rules apply,” and that we […]
Further evidence this relief rally has a lot more to run? Hedge funds have a massive net short position on the S&P 500 – their largest since December 2008. Check out this chart! Hedge funds held a net short position of 71,980 short contracts at August 16, according to a monthly report on global asset […]
Camped out in my Long Beach hotel room (for my sister-in-law’s first wedding of the week…yes, wedding 1 of 2), I just caught Dennis Gartman on CNBC, giving is take on today’s bloodbath in the gold market: ”I pay great attention to something technicans call an outside reversal – that is, the market made an all-time […]
On the phone from Zurich – our boy, Marc Faber! He gives his buddy David Rosenberg some props for recommending Treasuries over the past two years. But Faber still prefers stocks to bonds – even though he thinks stocks will go down in real terms as well – because he sees limited upsides to bonds. […]
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