Slumdog indeed
I’d like to say that the relatively modest volume on the NYSE and Nasdaq today, not to mention the major ETFs, was a sign that the market’s sell-off was an overreaction but I cannot. The only silver lining was, well,...
Read MoreI’d like to say that the relatively modest volume on the NYSE and Nasdaq today, not to mention the major ETFs, was a sign that the market’s sell-off was an overreaction but I cannot. The only silver lining was, well,...
Read MoreI spoke at the Traders Expo in NY Sunday and wanted to share some observations:1- The place was packed. Evidently traders are still interested in trading.2- Only two presentations I could tell were focused on “surviving...
Read MoreThe Dow Theory sell signal kicked in (see Barron’s Online column) and Friday the Dow was down 200 or so points intraday to close down 100 (I use round numbers when on the road as I am now). Yep, the media and pundits...
Read MoreI am out of my element here talking about economics but I recall what I and many others did with the very first one then-President Bush sent us last year. I took my check from the government and promptly paid my bills. I did not...
Read MoreI was thinking about baseball the other day, sometime after A-Roids news hit and before the stock market smacked me upside the head. I have one simple question – what the hell is going on with America’s pastime? Can...
Read MoreOK, headline writing is a corny job but colleague Ian MacAvity recently called himself an auric insect. Auric (adjective) – of or pertaining to gold. Insect – bug.Ian is a gold expert so he can be as corny as he...
Read MoreI heard something on the radio this morning that took my bullish leanings (not actions) and twisted them all about. On the local rock station, one that is the current home of Opie and Anthony and the former home of Howard Stern,...
Read MoreI have to chime in on this topic as it is getting some cyber press in chat rooms and websites.There is a proposal floating around out there to put a 0.25% tax on securities transactions. It does not sound like much. But it is...
Read MoreI had a quick email discussion with one of my newsletter subscribers about treasury bonds. It’s no secret that there was a flight to quality rush not unlike the 49ers of yore – and I don’t mean the NFL...
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