Investing and Trading News, with a Contrarian, Sarcastic Twist!
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!
Since March 2009, it’s been a bull market in just about everything! Source: Google Finance Well, except for housing that is… Source: www.csmonitor.com Housing remains the lone asset class that appears completely immune to QE. Which is ironic, and perhaps appropriate, because smart people such as Andy Kessler have hypothesized that boosting real estate was […]
In a title near and dear to my weimaraner’s heart, Christopher Whalen penned an excellent inflation/deflation piece pontificating about the possibility of “Global Weimar”: The commercial channel at most banks we hear from is still running at 1/3 to 1/2 of pre-2008 levels in terms of new originations and demand for credit. This is why when […]
After seeing today’s bloodbath in the grains – I have to believe a lot of hot money sprinted to the exits, with the big down day in equities. Yikes! (Source: Barchart.com) Though grains certainly have enticing longer term fundamentals, today it was limit-down across the board! Perhaps astute contrarian-minded investors were tipped off to a […]
Regular readers know that we abhor muni bonds as much as anyone. But my interest has recently been piqued by calls for short-term rallies from sharp guys like David Rosenberg and Steve Sjuggerud, who have cited the market as oversold due to the abrupt end of the Build America Bonds program. A somewhat misleading Bloomberg […]
Would you pay 32x forward earnings for a retailer? Amazingly, this is the valuation other “investors” have put on the top 5 holdings in the S&P retailer fund. S&A’s Frank Curzio writes: The top five holdings in the S&P retailer fund are trading at an average forward price-to-earnings ratio of 32. That’s more than twice […]
Here’s a fantastic Jim Rogers interview, featuring our hero laying into Bernanke big time! Rogers says: Find “real assets” like silver, rice, natural gas that will protect your wealth He owns physical assets – like gold and silver bullion – in addition to futures contracts on gold, silver, even rice “Bernanke doesn’t understand economics, finance, […]
Recent Comments