My comments in USA TODAY!
SOURCE: http://www.usatoday.com/story/money/markets/2014/11/21/stocks-friday/19331459/
SOURCE: http://www.usatoday.com/story/money/markets/2014/11/21/stocks-friday/19331459/
SOURCE: http://www.dailymail.co.uk/news/article-2843247/NHL-star-Jack-Johnson-forced-declare-bankruptcy-parents-squander-30million-fortune-back.html
There was no doubt we were headed into a bear market as we had a classic topping pattern leading to the October plunge. This was no coincidence as the U.S. was winding down (for now) it’s printing of money. The last 2 times the U.S. stopped, markets dropped 17 and 20% respectively. It should be…
SOURCE: https://www.zerohedge.com/news/2014-11-19/21-facts-prove-government-dependence-out-control-america
Firstly, the small caps are again underperforming with the Russell 2000 rolling over. As we have told you, market is waaaaay overdue after the easy money-induced move higher. The only sign we need to look for is the small caps as they have shown the way when the market is ready to correct. We think…
Bottom line, there just continues to be very little in the way of selling leading to a grind higher. Markets remain stretched and extended to the upside off of the recent “v-shaped” move. Bullishness is back to being off the charts. But until price action changes, it is folly to think otherwise. Recessionary news from…
Japan in deep recession…market has one down day after soaring…and right back up. Much of Europe is blah but markets rally up. You know the game by now. Markets drop…just announce more QE and do more QE…inflating things even more. Remember, all is well as long as markets continue to react well to the trillions…
After an outlier “V” shaped move up, we are starting to feel that signs of a pullback are close at hand. We are not suggesting anything disastrous but a few percent would go a long way in setting the charts up better. It would also give us a chance to decipher real strength. A few…
SOURCE: http://www.militarytimes.com/story/military/capitol-hill/2014/11/14/final-salute/19023459/
We have told you for a very long time that insiders refuse to buy their own stock in the open market. This tells us that insiders do not feel there is much value at these levels. For one down and out area, that may be changing. Southern Copper (SCCO) Chairman bought 500,000 shares at $28.90…$14.4…