Jill is back this week with some comments about recent developments in finance-land. She calls out Bernanke, Buffett and Lagarde – with their manic-depressive personalities clashing with doing the right thing. I particularly like how she tells us how this group creates some anxiety, which is never a good answer for markets. Enjoy! There’s no…
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Brian Shannon from Alphatrends.net put up and excellent post for all of us to learn from. When in the heat of battle each day we tend to forget what is most important – not just in trading but in life. The intensity and pressure we are under is extreme and unbearable at times. How often…
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Below is a very interesting piece by my friend Ron Roll, the Gtotoy. He injects a bit of humor and irreverence in this piece from a few months back as he slices up fundamentals against technicals. He makes some great points as to how fundamentals fail to make a difference in trading – especially in…
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Many were expecting something good to come from Chairman Bernanke at Jackson Hole. His speech was the most widely speculated that we had seen in years. After all, was he going to set the tone for another round of bond purchases, which like in 2010 would force a re-allocation of capital towards risk assets, or…
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Jason sends us a great article from Paul Desmond of Lowry’s who tells us what to look for at bottoms. As an aside I will be doing a book review soon of a publication I read last year which tells us similar clues following four different bear markets in the 20th century. Enjoy the article.…
DetailsSome very good explanations from Jill today on the ugliness of politics not just here but abroad. With the domestic economy on the brink she brings up a good point about watching inflation, which can be the tipping point. We have to confess that we’re not among the most diligent readers of the New York…
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There is no sugar coating the market action last week, it was downright awful. What looked like a promising start turned into a disastrous finish with the Dow finishing off 600 points in two days, the SPX off a staggering 70 on Thursday and Friday. The gap down to end the week was a killer…
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Markets made up their mind early in the day as they hit the skids early following some more negatives from Europe. Couple that with some hot inflation numbers and very poor philly Fed numbers and you had a strange brew forming. The breadth was as bad as I’ve ever seen it – nearly 29–1 negative…
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This video is courtesy of econstories.tv In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out…
DetailsMore good stuff from the ‘Queen of Markets’, Jill De Quincey. Today, she talks about the Fed’s decision to sit back for awhile and their ‘hands off policy’. She gives us a nice point of view from an outsider’s perspective. I particularly like the emphasis on too much Europe and the goings on in England,…
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