Author: Kevin Klombies

Financial Post, Feb. 25, 2009:The U. S. arm of Nortel Networks Corp. is seeking bankruptcy court approval to sell a piece of its application-delivery business for US$17.65-million to information-technology firm Radware Ltd.,...

One of the more important questions with regard to the markets is whether the dominant trend has actually changed. While there are obviously any number of trends that we could argue were or are ‘dominant’ the one...

Given that markets bottom when everyone expects that prices have to go lower we thought we would try to find at least one reason why the cycle lows may already have been reached for the S&P 500 Index. This might be a bit of...

We continue to walk a rather precarious path through the mine fields that describe the markets these days. It would be simpler to join with the crowd and draw support lines across from the bottoms for the S&P 500 Index and...

We tend to throw quite a bit against the proverbial wall on a daily basis. So much, in fact, that often the forest gets lost for the trees as we hammer away at small points and details without fully and clearly explaining what...

A causal relationship exists when one event (cause) necessarily leads another event (effect). We will argue that causal relationships exist within the markets but often with such a lag between the cause and effect that by the...

The one thing that we have to keep reminding ourselves of on a regular basis is that the markets lead the news. In other words a dismal stock market forecasts a dismal economy and not the other way around. We are going to take...

Due to the President’s Day holiday, there will be no new commentary from Kevin Klombies. Please view his commentary archives:...

Why be wrong about the markets eventually when one can be wrong almost immediately? In other words… we are going to take another run at the consumer versus cyclical argument right in front of the release of Coke’s...

One of our basic views is that the problem isn’t that the cyclical sectors are weak but rather that the consumer sectors aren’t strong. Now we have to try to find a way to explain what we mean by this. The S&P...