US equities continued to slide today as the recent makeover rally designed to put some lipstick on some new tech pigs has continued to retreat. Stock had their worst week of the year. I hope you were able to take something off the table. New housing sales slumped badly according to this morning’s economic data….
The recent Wall Street Journal article, Silicon Valley Doesn’t Believe U.S. Productivity Is Down, notes the widespread improvement in technology that should be improving productivity across the economy, but isn’t showing up in the statistics. The article notes that plenty of good free apps are not included in output statistics, but also points out that if productivity were…
Deflation is back on the front burner and it’s going to destroy all of the careful central planning and related market manipulation of the past 6 years. Clear signs from the periphery indicate that a destructive deflationary pulse has been unleashed. Tanking commodity prices are confirming that idea. Whole groups of enterprises involved in mining…
The last time crude dipped as fast and as sharp as it has this year was in the 2008-2009 financial crisis. But, the silver lining in that dip is that investors who bought shares of this ETF that tracks master limited partnerships tripled their investment. Tim Plaehn shows you why now is the best time…
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five most undervalued Dow stocks reviewed by ModernGraham which are suitable for the Defensive Investor or the Enterprising Investor according to the ModernGraham approach. This is a sample of the types of screens included in ModernGraham Stocks & Screens,…
The discount on CEF is remarkable. The gold to silver ratio is quite high. Both metals are oversold. If the precious metals rebound silver will have quite a bit of catching up to do, and will likely outperform to the upside as they have outperformed to the downside. Beta giveth, and beta taketh away. Silver has done…
Photo Credit: Ed Schipul (Flickr) Question: Why are there so many mutual funds? Answer: Mutual fund providers tend to make lots of money on each fund so they create more products to sell. The large number of mutual funds has little to do with serving investors’ best interests. Below are three red flags investors can…
“Davidson” submits: The two major monitors of economic activity which I find most helpful in a long term investment approach are the trends of housing markets and the trends of employment. The Housing Market Index(Chart 1: HMI) and Monthly Supply of New Homes for Sale (Chart 2: Monthly Supply of New Homes for Sale) continue to…
Gold is jumping after the overnight double flash-crash…testing back towards $1100… Bitcoin is back up to pre-“Greece is Fixed” levels… Charts: Bloomberg and Bitcoinwisdom
Over the past week most of my core market health indicators fell. Most notable is my measures of the economy which have gone negative. As a result, the core portfolios are adding a larger hedge or raising cash. Below are the current core portfolio allocations. Long / Cash: Long 40% – Cash 60% Long /…
