Investing and Trading News, with a Contrarian, Sarcastic Twist!
The screens were flashing all green today, as our noted “all or nothing” trade resulted in everything moving up today! Except for? The dollar, of course! This screen shot from Barchart.com reflect a bull market in, well, everything! Of note, Treasuries were up today – who the heck is still buying these things? A mystery […]
This morning, the US Department of Energy reported, well, HUGE inventories in oil. Oil’s decline hastened on the news. I’m wondering if oil has placed in its short term top, on it’s way back down to the $40 range, or perhaps lower (maybe even $20 as predicted here?) After rallying north of $140 last summer, […]
In the inflation/deflation debate, there’s certainly no shortage of moving parts factoring into the outcome. Thus, I have to admit that although I’ve been leaning towards the deflation side of late, at the end of the day I don’t have a clue (nor does anyone else, honestly). One strong argument on the inflation side is […]
In honor of our ongoing bear market rally – which appears to be getting a bit long in the tooth to say the least – I thought we should channel the wisdom and charisma of the legendary Peter Tomarken. You may remember Peter as the host of classic 80’s game show Press Your Luck. In […]
CNN reports that states are digging deep to repair budgets that appear beyond hope. Republican Jack Murphy, a Georgia state Senator, proposed a “pole tax” that would have charged club patrons a $5 entrance fee. Doesn’t Jack realize that the cab drivers will all have $5 off coupons for the dudes they drop off? Fortunately […]
It’s another “all or nothing” day in the markets – with equities down, the US Dollar and Japanese Yen are, of course, up. This time joined by – surprise – our old friend, the Australian dollar (ugh – got chased out of that position too early 
) Looking at a 6-month chart of the […]
Legendary investor and China bull Jim Rogers told Bloomberg that he hasn’t bought any new Chinese stocks since November. He said they’ve risen too far, too fast, and that they will “probably collapse” at some point. Then, he’ll buy more. Rogers is investing in commodities in lieu of equities as a way to play the […]
We have a special treat for readers today…we were fortunate recently to conduct an interview with Jay from MarketFolly.com, one of the very top blogs on finance and investing. Jay places a special focus on what the gurus are buying, especially the who’s who of hedge fund managers. His coverage is second-to-none, a true must-read. […]
We’re going to have a little fun and conduct a short experiment – let us know, are you bullish or bearish on the US dollar? Click here to take our poll I’d like to see if we can gauge popular sentiment, to see if this provides us with an indicator of sorts – be it […]
How do you master the maddeningly difficult exercise of trading? As we mentioned this morning, paper (imaginary) trading just doesn’t cut it. You don’t have the stomach churning fear of losing money when the market goes against you. No, the only way to do it is to get out there and do it yourself. I […]
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