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Author: Michael Kahn

An agita chart

OK master technicians, analyze this one. Big pop on earnings (not to mention an analyst upgrade AFTER it jumped). What is the trend? Where is resistance? What color was George Washington’s white horse?Is it any wonder we...

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A Medical Story

Here is a true story about someone I know.Gentleman X was an older person with a complex medical history. Yet, he was vibrant and enjoying life until diagnosed with a small problem. He went for treatment and the treatment was...

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Here comes the hate

Every once in a while, when I get into a deep analytical slump like the one that plagues me now, I notice the tipping point when the cards and letters get nasty. Hate mail has picked up quite a bit this month, not so much here...

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Try fundamentals

Someone sent me an email (how about posting to the blog instead) after I lamented about the problems with technicals lately, saying I should try fundamentals. Which fundamentals would that be? The 81st bank failure of the year...

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What would Adam Smith say?

On days when I write my column, I like to see if I can do some follow up work to it. Sometimes I need to clarify the tone. Other times I need to un-edit my editor’s changes. Today, or should I say yesterday, I wanted to do...

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This time its different

No, not the most dangerous words in investing but conditions at the current decline are different than they were at previous one or two day pullbacks. Bad news is finally being punished. Volume finally swelled on the dip and...

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Stocks have jumped the shark

I have seen many infomercials on the tube promising to teach us to trade our way to financial freedom. Up market or down, sideways or even what we have today, they parade their incredible success stories in front of...

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How Sweet it is!

Have you seen a chart of sugar lately? Based on price action you might expect the world to lapse into a diabetic coma. Check this:Apparently, there is a shortage in one of the great sugar consuming countries – India...

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Lies, damned lies, and statistics

“Lies, damned lies, and statistics” is part of a phrase attributed to the 19th Century British Prime Minister Benjamin Disraeli. If you believe what the government is feeding you then good luck.I am far from an...

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