Author: Michael Kahn

With today’s thrashing of 3M on earnings the split personality of the market continues. On one hand, the breakout from the summer trading range could not be any clearer. It even satisfied my requirement that it pause at...

With the former Libyan leader now captured and rumored dead, let’s take a look at how capitalism in the region has fared since Egyptians first threw out Hosni and crew. This is the Gulf States ETF and it is back down to...

Sometimes the charts work, eh

It is a good thing that as a chartist I get to ignore the news. Forget the hope and mirrors coming out of Europe. We all know Greece is going under and they really can’t rescue the banks. I don’t know if you follow...

While the LIBOR rate is still a far cry from its panicky 2008 levels, it has been on the move since the summer.As you can see in the chart, it is still well below its 2010 peak but I am more interested in its change since the...

I am not going to chime in with my view of the Occupy Wall Street protests although it does amuse me to listen to talking heads show their biases. But if this is a legitimate protest movement and one that can cause some changes...

This is the marine shipping stock index and it is still nasty...

A ponzi scheme is the use of new investor money to pay old investors. As soon as new money stops coming in, everyone loses – well, except for the guy who made a commish selling the fund manager his beluga,  Dom...

Here is a paraphrased headline about industrial stock Ingersoll-Rand from the weekend: And “so far, companies are being punished for pre-announcements.” Ingersoll-Rand Co. shares hit a two-year low Friday after the...