Investing and Trading News, with a Contrarian, Sarcastic Twist!
The S&P has been rallying towards the upper end of its recent 1040-1130 trading range over the past week and a half. Since the S&P entered this range, it’s been profitable to “swing trade” the extremes – by going short near the upper edge of the range, and either covering, or going long, near the […]
Former hedge fund manager Andy Kessler, one of our favorites, believes that we are 3 years into a 7+ year consumer deleveraging cycle. Andy writes: The blue is actual through the first quarter of 2010. The red is trendline and the transparent blue box is my estimate for household debt to get back to trendline. […]
The US birth rate tanked in 2009, according to data released by the National Center for Health Statistics. Previous research by Robert Prechter has shown that the advance/decline ratio of the NYSE is an amazingly accurate leading indicator of babies to come in the next year. Why the next year? Well, you know what related […]
Our pal Brian Hunt has been doing an excellent job of finding favorite economic indicators that are surprisingly breaking out, rather than down. Last week, Brian noted that Dr. Copper was surging, despite the overall gloomy economic outlook: While you can barely watch a minute of financial television without hearing about horrid unemployment numbers, gloomy […]
Mark Cuban shares his best investment advice over on his excellent blog. While it may sound basic, this is probably the type of strategy that will serve you best in this soft depression/deflationary environment especially. Cuban writes: I’m going to simplify what I consider to be the best investment advice I have ever been given […]
This morning, I had the fortunate opportunity to speak with demographic trend expert and economic researcher Harry S. Dent. It was a great conversation and we covered a lot of topics, including the demographic outlook in America, the inflation/deflation argument, potential inflection points for the stock market based on spending wave turning points, and more. I […]
Gold, the beloved investment pick that is still being heralded as a one-way trade to the moon, is getting some $1500 love from traders. Bloomberg reports: Investors are accumulating enough bullion to fill Switzerland’s vaults twice over as gold’s most- accurate forecasters say the longest rally in at least nine decades has further to go […]
Well, you probably know the answer – because their retirement nest eggs have unfortunately been turned sunny side up by the 2007-2009 stock market crash. Private pension plans are toast – they’ll never be able to deliver on the expected returns required to keep those legalized ponzi schemes going. And forget about our social safety […]
Today, we got that bounce in stocks that we thought might be coming – from yesterday’s stock market wrap: I’m not sure if I’d initiate a new S&P short position at this juncture – as the contrarian in me thinks we’ve got to see some sort of short-term pop soon. Markets rarely cooperate with broader […]
Exciting news for fellow deflation and demographic aficionados – tomorrow I’ll be speaking with Harry Dent, author most recently of the book The Great Depression Ahead. Let me know if you have any questions you’d like me to ask Harry – just leave a comment below, or you’re also always welcome to email me directly! I plan […]
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