Because you’re an ag! OK, that was dumb. Let’s proceed….. The agricultural ETF shown below has been trying to bang out a bottom for ages. It has been in a grinding, multi-year downtrend as defined by the channel I’ve drawn, so if you’re looking for a low risk long position, you might want to consider…
There is a writer we’ll call Don Quixote who is tilting at something that no longer really exists… the evil gold promoters that used to be taken seriously by innocents to the tune of near total destruction of their portfolios. Don once went on about the gold cult and I even highlighted his post because…
When the Nasdaq Composite Index hit 5000 in March of 2000, jubilant investors celebrated the milestone. Shortly thereafter, however, scores of individuals lost their collective shirts. Many witnessed losses of 50%, 60% or 80% of their account values on names like Cisco, JDS Uniphase and Pets.com. Back then, the euphoria was akin to unchecked greed….
(Reuters) – BlackBerry unveiled a new mid-market smartphone on Tuesday dubbed the BlackBerry Leap that is set to replace the Z3 device launched a year ago, in a move to woo buyers in certain emerging markets where BlackBerry still has a fairly large client base. The Waterloo, Ontario-based company said the phone, unveiled at the…
Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so. So does Dennis Byrne who wrote on his blog today Chicago’s Only Salvation: A Detroit-Like Bankruptcy. This is a guest post from Byrne. Chicago’s Only Salvation: A Detroit-Like Bankruptcy…
Is Japan Zimbabwe? How preposterous: Japan is an advanced economy that cannot possibly suffer the same fate as Zimbabwe. Right? Or could Japan get hyperinflation? Below I explain why Japan, and with it investors’ portfolios, might be at risk. The other day, when I was on a panel discussing unsustainable deficits in the U.S., Eurozone…
This Great Graphic shows two time series. The white line is the S&P 500 and the yellow line is the Dow Jones Stoxx 600 (tracks European stocks). Using Bloomberg analytics, we indexed the two time series from the start of 2014. In the 14 months covered here, the S&P has risen by a little more 15.0% and the…
How your company is performing is not obvious unless you compare it to something. What looks like good work could simply be a rising economy lifting even the leaky boats. Or in difficult times, you may be outperforming your competition. Looking at economic data can help you understand your own company’s performance. This article explains…
While growing up back east in the Big Apple our family always had at least one quad-ped with a tail, better known as a dog. The one that was my favorite and best friend was a Chow and German Shepherd mix. He was brown and white and BIG whom we named Bear. He was extremely…
There really isn’t anything significant happening in market internals lately. From all appearances the market wants to go higher, but probably needs to consolidate a bit before another rally. If the market dips keep an eye on breadth to see if anything changes from bullish to bearish for early warning of a significant decline. Here’s…
