How Now Brown Dow (Theory)?
Today’s column was on Dow Theory and how I do not believe it fired a buy signal. Thanks to a professional chat room, I was referenced to Robert Colby’s research on the topic –...
Read MoreToday’s column was on Dow Theory and how I do not believe it fired a buy signal. Thanks to a professional chat room, I was referenced to Robert Colby’s research on the topic –...
Read MoreYes, poor Goldman Sachs is the public’s whipping boy. Gambling with government money for sure but aren’t we all just a wee bit jealous over how they can turn shinola into gold? I know I am. So here is a Quick Take on...
Read MoreSo today the SEC put the hammer down on the short selling of shares of stock that you do not own or can not borrow. Is this a new rule? No. It’s just enforcement – sort of like all the other laws on the books that...
Read MoreFor all you Bob Welch fans, this one’s for you. Still a youngin? How about Fleetwood Mac?Sentiment is a wonderful tool these days. Certainly, charting is going a bit awry as the failed head-and-shoulders – before...
Read MoreI just read a blog post from a guy who presents himself as a friend to technical analysts but when we are not looking he throws out zinger after zinger in his missives. To wit:Plenty dismiss the notion of chart watchers divining...
Read MoreToday, I got yet another newsletter from a well-seasoned market analyst (perks of writing a public column). In it, he says that we can push the rally a little while longer and based it on a few factors including my beloved...
Read MoreIn last week’s sector column I suggested that the banks looked like they were rolling over. Of course, the market took all boats higher last week but the BKX index failed to make a higher high – no not a higher high...
Read MoreThe point of today’s column was to show that despite some of the news that’s out there, the market still has not blessed the housing sector with recovery. Don’t get me wrong, I do think the worst is finally...
Read MoreKudos got to the human spirit today and because of it I have no doubt the current crisis will end. Of course, the human spirit also will start the next crisis but let’s enjoy the moment.Do you remember where you were 40...
Read MoreLike many of my peers around the metro New York area, I am heading to the Pocono Mountains in Pennsylvania this weekend to visit one of my kids at camp. If I had all the money I spent on the luxury they call...
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