Advertisement

Author: Michael Kahn

Banks

The banks are in self preservation mode.  – Eric Von BaranovNothing we did not know and nothing that wasn’t dropped like a bag of hammers on Count De Money, er, Henry Paulson back in 2008.  But the...

Read More

Beware the SLX

Today’s column is about the steel sector, its momentum conditions, breakouts and potential upside targets. Since it is not yet on the site I’ll have to limit the details but you should see it by 4-4:30 NYT at...

Read More

Belgium?

Channel NFL coach Jim Mora when you say this.  Belgium? Belgium? You gotta be kidding me! Word this week is that S&P just put Belgium on a negative watch this week.* So they don’t have a government in place (for...

Read More

Hindenburg Schmindenburg

Well, it happened again. The dreaded Hindenburg Omen flashed Tuesday but curiously it went rather unnoticed – except by professionals it would seem. When it happened in August, it got a lot of people’s panties in a...

Read More

Deflation – not

From the St Looie Fed (hat tip to the Longwaves chat room)Does this look like deflation? The technician in me sees either a bear flag or a dip to the rising trendline. But if prices went up parabolically then more often than not...

Read More

Gasoline rising

In case you are a city dweller and don’t drive, here is a little tidbit from my local village email newsletter about gasoline prices. The Hess located at 42 Jericho Turnpike offers the lowest gas price per gallon in three...

Read More

Investors don’t have a chance

I lamented over this one jusst after it happened so consider this a follow-up.With trading action like this, regular investors do not have a chance. And now it has a textbook resistance breakout just to rub it in our...

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.