Investing and Trading News, with a Contrarian, Sarcastic Twist!
Our hero Jim Rogers has been back in the news quite a bit recently – here’s his latest thoughts: He sees gold heading north of $2,000 in the next decade Ben Bernanke should (still) close the Federal Reserve, then resign He likes the Japanese Yen best at the moment of the currencies, but wouldn’t buy […]
Coast to coast flights are fantastic for getting uninterrupted reading time in, and on my flight back to the West Coast last Monday, I was able to devour Financial Reckoning Day Fallout: Surviving Today’s Global Depression, by Bill Bonner and Addison Wiggin. Bonner and Wiggin are the two top guys at Agora Financial, an extremely […]
With the DOW pushing to new 2009 highs yesterday, I was looking forward to today to see if the S&P could confirm the DOW’s push – which would indicate that this rally is still on. Yesterday’s push was quite impressive across the board, but thus far today, we have not yet witnessed any decisive follow […]
I’m working from the road today, so I’ve got the nice benefit of having CNBC on here – man, are they yucking it up today! With the Dow hitting a new 2009 high, I haven’t heard anyone expressing any skepticism – “all the stars are aligned for higher stocks” is something that was just pronounced! […]
This epic stock market rally has done exactly what it was supposed to do – it’s retraced about half of the losses from the previous crash. It’s got folks feeling comfortable again – while maybe not outright enthusiastic about things, they now believe the carpet is not going to be pulled out from under them. […]
The following article was adapted from the November 2009 Elliott Wave Financial Forecast and reprinted with permission here. Steve Hochberg and Pete Kendall produce stellar analysis for Elliott Wave International – two of my favorite guys in the biz – here, they take a look at trading volume, and what it says about investor confidence. […]
Nouriel Roubini thinks that commodities and equities have gotten ahead of their fundamentals – now pricing in a “V-shaped” recovery, which Roubini thinks is unlikely (I agree). Here’s an interview with Roubini conducted by our friend Lara Crigger at Hard Assets Investor. Well, in my view, commodity prices have increased since the beginning of the […]
A couple of Sundays ago, I spent the morning reviewing the best inflation and deflation arguments and articles that I’d read since the financial world began falling apart. The inflation perspective that I enjoyed the most was that of Terry Coxon, editor of The Casey Report. Below is one of Terry’s recent pieces, which takes […]
With the markets at a potential inflection point (an inflection point down, in my humble opinion), I thought it’d be fun and instructive to revisit a topic we’ve noodled on a bit lately. Does News Actually Drive the Financial Markets? It’s common knowledge that increasing earnings drive stock prices – with the only caveat being […]
A priceless shot from our faithful House of Representatives: Keep working hard guys! I would actually rather see them playing solitaire, checking ESPN.com, and adding Facebook friends, rather than “working”. Give that dog a bone – or a game of solitaire – anything to keep them from passing more dumbass laws and regulations! Hat tip […]
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