Investing and Trading News, with a Contrarian, Sarcastic Twist!
China’s Shanghai Composite index got walloped overnight – falling 6.7% – and reaching it’s lowest levels since May, reports the Wall Street Journal. Flash Player 9 or higher is required to view the chartClick here to download Flash Player now View the full INDEX:SSEC chart at Wikinvest Could China be leading the broader markets down? […]
Three weeks ago, we discussed the possibility the the dollar was bottoming and poised for a major rally. My reasoning was that: Sentiment was overwhelmingly negative on the buck. I noticed that even traditional contrarian investment sources appeared to be piling on. When there’s nobody left to sell, that’s usually a good sign that the […]
A big hat tip to our buddy Brian Hunt at The Daily Crux for finding this gem of a t-shirt – pick one up for the socialist in your family this holiday season! You can order this beauty – and other fine items – at Liberty Shirt Market.
The newsletter that I most look forward to these days is Bob Prechter’s…his views are unique, insightful, and I’m really starting to believe he’s one of the only guys with a clue right now! It’s important to mention that while Prechter is extremely bearish now, he’s by no means a perma-bear. I tend to discount […]
As financial pundits and common investors breath collective sighs of relief that “the worst is over” and “the bull is back”, let’s explore the possibility that 2009 may be following a script that was originally penned in 1930. After the initial crash in 1929, the markets staged a powerful rally that retraced 60% of these […]
Raise your hand if, a few years ago, you thought you’d see Natural Gas trading below $3 ever again. I never expected it. Yet here we are, just a few years after there was talk of “Peak Nat Gas” in North America, with the Natty sliding below $3. And what a slide it’s been! Turns […]
Here’s a great guest essay I’m pleased to be able to share, from none other than Doug Casey. Nobody can rip into someone quite like Doug in my book. Please read on as Doug gives Baby Bush a belated, but not gentle, bon voyage essay. If you’re offended by this one – you can take […]
Sorry about the headline…I just couldn’t help myself! It’s amazing how a good budget crisis can make a Libertarian out of any politician. “Can we tax it if we legalize it?” First it was the Hippy Lettuce on the table for legalization in my home state, the People’s Republic of California – and now – […]
Famed Silicon Valley law firm Fenwick & West recently release their latest Venture Capital Survey for the 2nd Quarter of 2009. The survey is a great resource, and I’d imagine an even better marketing/PR piece for Fenwick. Their survey results pretty much confirmed what I’m observing in the startup trenches here in Northern California – […]
Interesting times in the markets. US equities have now completed a standard fare “Fibonacci retracement” off of the March 6 lows. Now, where to from here? Bulls and bears alike conceded that a strong rally was quite probable. Now that it’s happened, what can we expect? There seem to be two or three prevailing market […]
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