Investing and Trading News, with a Contrarian, Sarcastic Twist!
Here’s a great guest piece by Robert Prechter, author of what is currently my favorite investment newsletter, the Elliott Wave Theorist. Bob talks about a subject that’s probably as near and dear to your heart as it is mine – market herding. And if you want to read more, at the end of this piece […]
Last Sunday, Valentine’s Day, I mused that we knew most readers would no doubt be celebrating the holiday on Monday…or in true contrarian fashion, not at all! (Ed. note: The “not at all” option was not a politically feasible option for me) Nonetheless, I strolled into the local Rite-Aid around 6pm on Monday, February 15th, […]
Nice slide show by our friends at The Daily Reckoning – informative, and entertaining! The Daily Reckoning’s Unofficial Unauthorized Financial Darwin Awards View more presentations from Agora Financial. And a little while back, we reviewed their latest book, Financial Reckoning Day Fallout.
Sovereign debt – all crap Who could have expected this? Socialism’s toast! Contrarian Valentine’s Day While I’m tempted to wish you a Happy Valentine’s day, dear reader, I have no doubt that you won’t be running with the herd tonight for dinner and a dozen roses. No sir, not here – when my wife insinuated […]
The “reflation” trade Just a standard retracement? The bear may be back! They Are Still “All the Same Markets” Like many of our astute readers, I was not impressed by the reflation trade. While the strength of the rally was indeed quite substantial, when you sum it up, it was a mirror image of the […]
Channeling Dee Snyder – Mortgage lenders say they’re not gonna take it…anymore. Here in Northern California, we’ve been housing outcasts for awhile. We were weirdos for renting throughout the housing boom. Now, we’re weirdos for a different reason – we’re not walking away from our mortgage. It’s the latest trend, and it’s getting hotter. Why […]
Burton Malkiel, author of A Random Walk Down Wall Street – because of course we all know that stock prices are subject to completely random movements – is starting a hedge fund to “go long China.” This story really is too good to be true. Chinese stocks quietly topped last August. Burton is timing the […]
The trend is your friend But it’s still a bear market So the trend is down! Closing in on the 200-Day Moving Average Last week, I mused that I thought the markets had turned down, but that we’d need to respect the moving average before being 100% sure. We’re not there yet…but we’re gaining ground […]
Fear – have you returned? The markets forgot ’bout you Have we hell to pay? NFL: Both Public Teams Cover I’m a day late publishing the weekly update this week, partially thanks to the NFL conference championship games. I normally write on Sundays, but instead devoted yesterday to three great American pastimes – gambling, drinking […]
Fellow renters, you’ll love this clip. James Altucher of Formula Capital rants about the scam that is home ownership in America. As a renter myself (a renter in California, no less!), I ate this clip up. I still remember feeling REALLY dumb in ’03-’05 when everyone was buying property that “never went down” – at […]
Recent Comments