Investing and Trading News, with a Contrarian, Sarcastic Twist!
Riddle me that, Batman! From the SF Examiner: Despite the massive bailout and some signs that the economy is recovering, the nations banks are still failing. The pace at which they are failing is increasing. So far this this year alone eighty four banks have failed, due to tumbling home prices and sky rocketing unemployment […]
Big thanks to my buddy, regular reader, and stock market bear Dave for sending this funny Barack Obama spoof along. The actual video is only about 2 minutes, and then it transitions to a mini infomercial for the company that produced it…a pretty creative marketing vehicle in its own right.
It appears that low prices may be encouraging natural gas producers to pump as fast as they can – according to DailyWealth’s Tom Dyson. Tom says that it’s a matter of survival for these companies – even with prices low, they can’t afford to shut down and wait for a price rebound, because they may […]
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 […]
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