The Big Bang
In the previous blog post, I made the following comment and thought it needed its own post.”As for the wall of worry and the slope of hope, I think none of our precious sayings and assumptions hold water these days.I...
Read MoreIn the previous blog post, I made the following comment and thought it needed its own post.”As for the wall of worry and the slope of hope, I think none of our precious sayings and assumptions hold water these days.I...
Read MoreJust to be clear, today’s column takes a longer-term view. Buying them now after the past one week of rocket ship to the moon gains is not a good idea.My point was that I like them a whole lot better now than the last time...
Read MoreThanks for reading this blog. I do appreciate your coming here.Not including this announcement, the post below this one is my last for a few days. I am actually taking Friday off and it will be my first day off in eight years. I...
Read MoreOn July 24, I blogged about some frothiness in the market but the correction never came. Today, my column deals with more objective evidence. Yes, the AAII survey is there but thanks to an interview I saw with my friend Rick...
Read MoreWe can all agree that the banter on a certain morning financial TV show can get out of hand. Yesterday, one of the morning anchors said something unbelievable and spot on. He said that with the market trading where it was 10...
Read MoreMy wife just said we are getting clunked by the clunkers.We are looking for a new car for my newly driving son (heaven help all drivers) so we will not be trading in any clunkers. Therefore, all of this temporary demand is...
Read MoreThat was sort of the working title for today’s column. I am glad the editor came up with something better, even if more boring.The dollar is looking might sickly, isn’t it? If the European banks are in better shape...
Read MoreMy favorite market maven on financial TV is Charles Payne. When I first saw him on the weekend Fox business block a few years ago I wondered how this kid was getting so much face time, especially since I had never heard of him...
Read MoreI have never been too vocal in the CNBC is Bubblevision argument although admittedly I have made reference to it before. However, this morning I saw something that did bolster the view many have the this news station is a bit...
Read MoreI remember back a bunch of years to when I was the Editor of the Market Technicians Association newsletter and we were putting a cover story together about the bear market then in progress. I found a picture of a growling bear,...
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