Author: Michael Kahn

With no apologies to Superman, this rally is giving us that up, up and away feeling but with a kryptonite chaser. In other words, I am FAR from complacent despite my view that Dow 10, 000 is coming. And if we get there then...

The news today is bad, bad, bad on all fronts. Here are some real headlines:br /br /• Corporate layoffs near 7-year high,br /• Job losses may hit 30-year highbr /• Services contract at worst pace everbr /•...

A reader pointed out a pattern that is not readily visible on the normal bar charts most of us use. Using a close-only chart, a megaphone or expanding triangle pattern appears and it has one interesting implication. Check...

Take that; all you people looking for a bear market rally. While I could not have expected that kind of decline Monday it was rather obvious – well, as obvious as it gets in the stock market – that some pullback was...

The Donald is at it again. How does a guy so obviously business smart default on his debts – again? Or is he crazy like a fox and using this to his advantage? My guess is the latter.br /br /Let’s review current...

This is not a post about how retail stocks are going to stampede higher based on the early indications of Black Friday sales. No, this is a much more somber post about a tragedy that occurred here on Long Island (NYC suburb)...

They say that the stock market is a discounting mechanism and that means it falls well ahead of the bad news. I usually trot out my chart of Enron and point out that it dropped from 90 to 60 and then half of that before the...

Goldmember:br /ulli”Gold, I love gold”/li/ulIn the column today I noted that gold was firm despite the dollar being strong through last week. Something is up and perhaps it is the realization that trillions in...

Colleague Dave Steckler posted this list of funnies in several chat rooms yesterday. Where he got them I don’t know.br /br /1. What is the one thing Wall St and the Olympics have in common? Synchronized diving.br /br /2. I...

I wrote an article for a magazine in August that was never published covering sector rotation at the bottom. It clearly did not anticipate the slow motion market crash that followed but some of the concepts in there might still...