If you have been around the markets for more than a few months you have probably stumbled across the adage to ‘sell in May and go away’. The strange thing is that it actually works although not exactly in the manner that most...
Read MoreWe are not sure exactly when we first introduced the argument regarding the ‘decade theme’ but we suspect that it was some time back around 2004. We recall adding a list of stocks in January of 2005 that we felt would do well...
Read MoreThe idiom that you can’t make a silk purse out of a sow’s ear is another way of saying, we suppose, garbage in, garbage out. That won’t stop us, however, from arguing that this sow’s ear of a market decline has the potential to...
Read MoreWe are going to return to our ‘decade theme’ today as we search for perspective with regard to the current markets situation. The ‘decade theme’ is based on the idea that the markets have been moving through similar trends over...
Read MoreWe mentioned a week or two ago that Goldman Sachs had argued that the Fed was unlikely to raise the funds rate until some time towards the middle of 2011. Last month RBC Capital Markets suggested that based on a modified Taylor...
Read MoreWe argued a few weeks back that the S&P 500 Index would correct lower with the initial decline in the Asian equity markets. With the SPX closing higher over the past two trading sessions it is possible that indices like the...
Read MoreWe have what we believe is a very interesting chart-based point to make today but instead of simply jumping straight to it we are going to attempt to lay some sort of foundation first. Below is a comparative view of 13-week...
Read MoreOn the bad news side the situation in Greece is rapidly approaching the same level of crisis associated with Dubai just ahead of the $10 billion bail out from Abu Dhabi with Ireland perhaps not that far behind. On the good news...
Read MoreOur expectation has been that the year would start off with equity markets strength and end with a fairly significant amount of weakness. As expectations go, however, we were looking for more than a few weeks of rising prices....
Read MoreIn a recent Goldman Sachs economic report (Global Economics Weekly, Jan. 13, 2010) the concept of ‘twin peaks’ was discussed. The idea intrigued us to the point where we spent some time attempting to put it into a frame work...
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