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Author: Michael Kahn

Jealous of China

A source in Australia told me that everyone’s personal vantage points skew their perceptions of China. He said analysts routinely underestimate growth rates there thanks to thoughts that the currency is being held too weak...

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Quiz on Technicals

Dovetailing with Monday’s Shanghai chart in the newsletter, check out the Hong Kong ETF. Are you a buyer or seller and why?I cannot dispense actual trading advice right here but let’s list the evidence:Resistance...

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Fee Fi Foe Financials

Funny how I’ve been complaining about fees and calling financials foes over the years. Thank you Jack and the Beanstalk.Goldman got b-smacked Friday by the SEC, who suddenly grew a spine. The talk is that Goldman will...

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Letters to the Editor

After getting trashed in the comments section this week on both Barron’s Online and the American Association of Individual Investors website (waiting for the same from an upcoming Forbes excerpt) I looked back on some of...

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Chinese Fire Drill

Chart of Shanghai Composite. Nice triangle. Can go either way.Guess which way the FXI China/Xinhua ETF (FXI) is trading in the premarket today after a hot Chinese headline like this: China’s quarterly GDP expands...

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Dismal Dollar

Today’s column was about the breakdown in the US dollar index and how that means more than just euro strength. After all, the dollar index is 57% euro so dollar weakness vs. the rest of the world is far from guaranteed....

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Cover story AAII

http://aaii.com/journal/Why Technical Analysis Mattersby yours trulySubscription required. This is also available at a bootlegged source but I am not going to reveal it. For pennies, you can be an AAII member (no...

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Copper topper

Check out this chart of copper. Remember that the dollar was smashed yesterday and although it closed well off its worst levels it was down big. Commodities “should” have had a better day.Gold and oil were also down...

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They left PALM for dead

I could not find anyone who liked Palm after its latest collapse. Everyone thought it had no chance as the competition ate its lunch – and dinner. But take a look at this chart:Sure looks like a selling climax and buying...

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I feel the Earth move

Not rapture but more like Carol King:I feel the earth move under my feetI feel the sky tumbling down, tumbling downThis is not what the song is about but the news is full of two things lately – earthquakes and airline...

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