Author: Michael Kahn

I was interviewed on a radio show this morning by a guy who fancies himself as the “contrarian economist.” I’ll leave his name and show out of this but let’s just say you will recognize him when you see...

With crude oil sinking again today on economic slowdown worries, energy stocks have tumbled and even Exxon Mobil, fresh off its humongous earnings report last week, has broken support. I wrote this up in this morning’s...

Ah Gordon Gekko, fictitious corporate raider of the 1980s. He was a smarmy SOB but as a capitalist he nailed it. When everyone is out for a buck, everyone tries to one up the other guy and product quality goes up and cost goes...

The big trade for the past few years was buying energy and shorting financials. As I wrote last week in Barron’s Online, that relationship got way out of whack and snapped back violently to something more...

Quick, what sectors are EVERYBODY talking about these days?br /br /Energy, mortgages, banks, brokers and homies. Under that filter, up until today’s rout these were your big movers and nothing else existed. Sell energies,...

Anyone seeing the headline of today’s Barron’s Online column without reading the fine print is going to want to do an Obama on me, Jesse Jackson style. Leave it to the editors to make a headline that grabs your...

A few days ago, everyone was looking for a bounce in the stock market and the market obliged by probing new lows. Today, following the dead Wall Street analyst bounce, (OK dead cat, but PETA’s wrath is on you) the market...

Someone commented on the previous blog entry saying (in jest) that we’ve hit the bottom and cited a WSJ blog talking about the VIX hitting the magic 30-level.br /br /Please, right now, everybody stop listening to...

It’s the end of the world as we know it…br /and I…feel… fine….. – REMbr /br /They bailed out Freddie and Fannie just in time for the Asian market open Sunday – as we all knew they...

Or should we say “where there’s smoke, people get fired?”br /br /In a previous post, I wrote that surprises happen in the direction of the trend. Of course, someone gave me a cyber “duh” essentially...