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Author: Michael Kahn

Web of Euro Debt

From the Ritholtz blog citing an article in the May 1 New York Times.http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.htmlQuite interesting and scary. I wonder what the web looks like if you expand to US, Japan...

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Zanger update

In Monday’s column, I got some of Dan Zanger’s views on the market and he gave me some examples of stocks that had blow-off tops. This was one of the reasons he became bearish, looking for a 10% correction. I could...

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Retail Does Not Agree?

Monday, I wrote a piece in Barron’s Online saying retail was ready to pull back. Indeed, things looked good Tuesday as everything tanked but take a look at Wednesday’s action in stocks like Macy’s. Bullish...

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Yeah, its real

I’ve been getting a lot of email asking if this is the “big one,” as in down we go to the March low or below (do you like the rhyme?). Well, that is a bit premature (and I don’t think we see a new low)...

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(sung) Just another melt-up Monday

With no apologies to the Bangles (since Prince penned that tune), it is indeed just another melt-up Monday (Manic Monday Lyrics). The market is still kissing Valentino on this one as the reasons cited for the lastest Monday...

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Gold to $1350

I’ve been talking about gold going to 1350 since it peaked last December. At the time, I said a correction was in the offing, as follows:A similar retracement now would bring the yellow metal down to $1,000 an ounce where...

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Copper/Gold ratio

This is taken from this morning’s Quick Takes Pro newsletter: Copper is industrial. Gold is a hedge. When this ratio is rising it suggests the economy is getting better. We had a breakdown from a trendline in February but...

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From an investment bank insider

I have been in touch with a former insider of one of the embattled Wall Street firms and he/she really knows the score. Here is what he/she told me:”I have not bought Goldman Sachs yet. But I think the case stinks to the...

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Follow the Junk

Treasuries may have reversed to the downside today but junk bonds have not cared what Treasuries do lately. But weak junk tells me the stock market is not doing one of its famous #$@$^ you reversals. Somebody just wants it to do...

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