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Author: Jeff Pierce

Upside Volume

81% of today’s volume was to the upside. It’s not exactly the high number I thought it would be, but the late day sell off took some froth off of the bull’s victory. clipped from...

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Financials Lag, Again

They can’t even seem to break above the May highs and volume is pathetic. I’m not trying to look for any sign of gloom, I just wanted to point this out. If you haven’t taken major profits at this point, or even...

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Mixed Signals

The good news that people are indeed saving more of what income they do have. The bad news is that company’s inventories are rising relative to their sales and that points to a continued sluggish economy. However the...

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Gann Wisdom

“The man who guesses and gambles on hope is sure to lose while the man who follows science makes profits. There is cause and effect for everything and by the time element and the cycle theory everything can be...

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A Prescription for Disaster

By Peter D. Schiff Guest Columnist Money Morning The healthcare bill unveiled last week by the U.S. House of Representatives (with the full support of the Obama administration) is one of the worst pieces of legislation ever...

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