There is lots of talk about how this incredible rally from the beginning of the year and even from last Oct 3 is just a mirage, that it cannot last. We often hear this from those less fortunate – those on the sidelines. Of course, much of that chatter is coming from those who have [...]
Hard to believe 2011 is almost finished, yet there seems to be so much left before the clock strikes midnight on Dec 31st. If I were to describe this as a turbulent year that would be an understatement. World events have dominated the news, emotions swung on the pendulum of fear to greed. Markets are [...]
Let’s all agree on something – the market is always right. Therefore, a five day rally is meaningful, right? After all, markets had not seen such positive a move since late June. But then, the markets unraveled. All the problems of Europe are gone now – poof! Just like magic, snap of a finger Greece [...]
Jill brings us a good article about the latest happenings in Euroland. She points out that Germany is the only solvent country who can provide solutions, I suspect carrying that burden has become rather intense. Honest assessments are the best way for us to make decisions, and while the euros seem to come up with [...]
Momentum can be played on both sides of the market. When money is flowing and running hot the upside gains are delicious, but when money is flowing out then the rewards for playing downside can be just as tasty. We play in a market ruled by liquidity and given the trillions of capital thrown at [...]
The bulls were running in Spain this week, which makes the second straight week as the bulls on Wall Street were charging prior. This past week finished slightly higher as the dismal jobs report Friday was a hint that the economy is not totally healed. The surprise was the difference between what ADP projected for [...]
It’s only too obvious, isn’t it? The markets are showing some cracks in the armor as the end of QE2 is upon us. Should be no surprise really. In 2010 when the first round easy money ended the indices were hammered mercilessly (last summer) until the deflationary forces proved too difficult to overcome. It was [...]
‘Actions Speak Louder Than Words But Not Nearly As Often’ – Mark Twain
I pay more attention to what is being done than what is being said. We can listen and believe in whatever is spoken but at the end of the day it is the actions that count most. We see what is being done everyday by market players – buy, sell, hold. We hear analysts say [...]
Read More