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Author: Michael Kahn

Smoked TARP on a bagel

Is it weird that so many of the distressed financial institutions are ready and willing to repay the government’s money so soon? I am not going to get into the debate over who needed the money and who didn’t but...

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Reader Poll

Take it ——->The time frame for the poll is tight as I want to have something for Wednesday’s column, if there is something of significance to report.

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Journalists, oy! – redux

I remember seeing somewhere a spoof of the NY Times slogan “all the news that’s fit to print.” It read, “all the news that fits the print.” Note the movement of one letter takes it from printing all...

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Volume

Just a quickie follow up to today’s column. Volume did kick in for many ETFs and the NYSE. Nasdaq volume did not.But if you wait for the perfect setup you end up with none. That’s why they invented...

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Quiet Again – deja vu

Yes, it does feel like we’ve been through today already. Price action is tight. Really good headlines are scarce – unless it is MarketWatch’s yucky redesign that is hiding them. OK, General Motors sunk to its...

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Offense/Defense ratio

As promised, here is a chart and caption lifted from Friday’s Quick Takes Pro. You can take it from here.Offense/defense ratio – This is tech and cyclicals over health and staples. A possible change in trend here and...

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Deflation

I am still surprised to hear the deflation argument these days. Is it because commodities are quite firm? Or the dollar is sagging? Or bonds are rising?The only thing that goes up during deflation is cash and cash is sinking...

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Here Comes the Bull

That was the original title for today’s column but they changed it so it would not be likeHere Comes the Bride. I had Here Comes the Judge a la Laugh-In in mind but even more importantly it was a play on words. No, I have...

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Quiet again

Is it me or was Tuesday even quieter than the day of my “Vewy Qwiet” post last week? Few chat room emails. No news. A dull market (following a big a** rally). It seems that a breakout through 875 on the S&P 500...

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OK, You Got Me

Yes, the market got me. It finally blew through 875 on the S&P 500 and merely average volume be damned. Embrace the good news (housing) and ignore the bad (swine flu, banks needing more capital). Let’s go Joe Investor,...

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