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…
Wish we had something new to say but Wednesday’s action simply more of the same. A good down open did not last…and the NASDAQ leads while commodities stink. We are in hopes we get some pulling back because it is only in the sell downs can we decipher where the real strength is. This second,…
We are big believers in picking your spots when playing markets. As you know, we believe anything is possible, especially with the GRM. (Government run markets!) But there is a time to attack and a time to be patient. Maybe the markets just keep going higher. After the Oct 98 drop, governments interfered and markets…
We are back into the persistent market off of Japan and the ECB as markets continue to love money printing. Don’t worry about recessions. Don’t worry about debt. It is the money printing stupid! Not much has changed. The commodity move lasted for another hour before the Yen and Euro tanked…which in turn, turned the…
I think it was a few weeks after QE3 that we started to title our reports “NEVER GOING DOWN AGAIN.” We did this because the monstrous printing of money put a bid…another bid and another bid into the market. It was persistent with hardly any selling. It almost feels the same. After a topping out…
I think it was a few weeks after QE3 that we started to title our reports “NEVER GOING DOWN AGAIN.” We did this because the monstrous printing of money put a bid…another bid and another bid into the market. It was persistent with hardly any selling. It almost feels the same. After a topping out…
We will get back to our regularly scheduled program tomorrow. Nothing changed. This President came out and took no blame, made no changes and couldn’t care less about the will of the people. He told us there will be vetoes and executive action. This is in contrast to this: Consider this nasty and biased question…
President Obama is the face of the Democrat party. He is the head honcho, top dog, big cheese. Every word out of his mouth, every step he takes, every mistake he makes, every success he has, every truth he tells, every lie he tells, every thing this man does is watched, followed, applauded or put…
GO VOTE! GO VOTE! GO VOTE! GO VOTE! GO VOTE!
There is a reason we have issued a disclaimer both here and on our radio show as the markets were heading lower. The disclaimer simply stated that if QE was indeed reinstated, all bets were off on the downside. Conveniently, as the Fed wound down its QE program (FOR NOW), the BOJ ramps it up….
