Author: Michael Kahn

OK, I watched too much Glenn Beck this week but the Fed’s after market move made me feel better. I stuck to my guns concerning resistance in the market despite the Nasdaq flipping me the bird earlier in the week. And after...

I think my readers know where I stand but here is a chart that can go either way.The NYSE composite bounced off critical support (as drawn plus the 200-day average) but remains below critical resistance (the earlier Feb high and...

ATHENS, Greece — Police in the Greek capital say a bomb has exploded at the offices of American financial services firm J.P. Morgan Chase Co., causing no injuries. The blast occurred early evening Tuesday in an upscale...

The fiduciary hairs on the back of my neck stand on end when I read analysis comparing the January-February pullback with the June-July pullback. No wonder people lose money listening to sound bites.Last summer, the market made...

While not directly affecting your portfolio, flying Spirit Airlines is just bad for you, your business and your attitude. Aside from nickel and diming you during the ticket purchase process, their fee structure incents...

Let’s see, were to begin. Greece is a lightweight on the global economic scene so why is it causing such a fuss? We’ll, heavyweights own a lot of their bad debt and the European Union itself is threatened. It is also...

From the Financial Times (sent in by Mike Larson at Weiss Research):“U.S. government debt is a safe haven the way Pearl Harbor was a safe haven in 1941.”Brutal!

One speaker at the Money Show was a portfolio at Aberdeen Funds. They run global fixed income funds, among some of the more popular country ETFs.Basically, his point was that we yanks (take that, Red Sox fans) are woefully...

It took a few minutes not to pun put with Greecing the skids and other such nonsense. Apparently, the short coverers last Friday got it right as word spread across the street that Germany was coming to Greece’s rescue.Of...

I read in one of the many chat rooms that I follow that Friday’s afternoon recovery was due to short covering ahead of the weekend. After all, what would happen if they decided to bail out Greece? A stocks rally?...