Investing and Trading News, with a Contrarian, Sarcastic Twist!
Regular readers are aware that we’ve been watching the Chinese market as a potential leading indicator for US equity markets for some time. Our astute readers aside, of course, the average financial slob (or pundit, if you will) seems unaware that the Shanghai Composite topped way back in August. When I posted this chart and […]
Speaking of contrarian investment indicators, they don’t get much better than this. Fidelity.com posted a listing in a prominent public relations newsletter today: Summary: Buying stocks again?Name: Chris Taylor (Fidelity.com)Category: Business and FinanceEmail: query-100@helpareporter.comMedia Outlet: Fidelity.comDeadline: 07:00 PM EST – 20 JanuaryQuery: Looking for investors who are shifting some of their cash holdings back into […]
Regular readers know that I’m a big fan of Bob Prechter’s investment analysis. One of my favorite aspects of his work is the use of sentiment indicators as a market timing mechanism – that is, when everyone is bearish, you should be greedy, and when everyone is bullish, you should run for the hills. In […]
US households continue to shed debt at a record pace – this graph says it all… US households are finally “just saying no” to debt. To put this breakdown in perspective – the Fed’s data on this goes back to 1976, and household debt grew every single year until 2009. In fact, we’re looking at […]
Whither deflation… Chased away by reflation? Or eye of the storm? Revisiting the Deflationist Arguments of 2009 Earlier this week I revisited two of my favorite inflation/deflation interviews of 2009, both courtesy of Jim Puplava at the Financial Sense Newshour. Being sympathetic to the deflationist arguments, I was interested in seeing if their forecasts were […]
Many – including me – think that 2010 will be a pivotal year in the inflation/deflation saga. And while I hopped over to the deflationist “dark side” almost a year ago, I try to stay very tuned into the inflation scenario, to continually check my thinking on the subject. It’s OK to be wrong…I just […]
Bernanke – man of the year. Did he earn it? Or pushing on a string? Markets Strong Out of the Gates…But How Much Conviction is Left? The broader indices continued to climb higher in the first week of trading in 2010. But how much buying power is behind these moves? Moves straight up usually don’t […]
Happy New Year…and New Decade! Let’s dive into some of the top investment themes to keep an eye on in 2010…but first, a haiku: 09 Reflation Can it continue for long? Dollar may foil! 1. The US Dollar: The Linchpin The dollar, which topped out in early March roughly around the time the stock market […]
Trading is, as you know, an inexact science. So while we *think* it’s likely that the dollar has put in a major bottom, a cross above its 200-day moving average would significantly reinforce this hypothesis. The dollar tests it’s 200 day MA. (Source: WSJ.com) We’re not there yet, but we’re getting close. A push above […]
In today’s Growth Stock Wire, trader extraordinaire Jeff Clark takes a look at the use of Bollinger Bands in making trading decisions. Bollinger Bands don’t tell you which direction the stock is headed, but as the bands pinch closer together, they’re warning a large move is on the way. This is the best time to […]
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