Article Archive | Page 3439

Jul 18, 2009 at 00:00

We have avoided Armageddon, at least for now. The cost to the US taxpayer has been a few trillion. Some in the media are loudly announcing the end of the…

Jul 18, 2009 at 00:00

In the wake of the price action seen this past week I have received numerous e-mails asking if this means a "New Bull Market" has begun. The answer is, No!…

Jul 18, 2009 at 00:00

Market Overview: When we look back a month or so from now, it is quite possible that we will be talking about what took place on July 15th. It was…

Jul 18, 2009 at 00:00

The good news is: • The OEX (S&P 100), OTC (NASADAQ composite) and NDX (NASDAQ 100) all closed at multi month highs on Friday. Short Term Last week we witnessed…

Jul 17, 2009 at 00:00

For the week, the S&P500 jumped 7.0% (up 4.1% y-t-d), and the Dow rallied 7.3% (down 0.4% y-t-d). The Morgan Stanley Cyclicals surged 12.3% (up 23.8%), and the Transports increased…

Jul 17, 2009 at 00:00

Gold started the summer doldrums looking strong and has retreated since, but what are its prospects for the rest of the year and beyond? That will largely be determined by…

Jul 17, 2009 at 00:00

The health care bill unveiled this week by the House of Representatives (with the full support of the Obama administration) is one of the worst pieces of legislation ever drafted.…

Jul 17, 2009 at 00:00

Brazil's, Russia's, India's and China's (BRIC) intention to buy IMF issued bonds raises several questions. The publicly announced plan states that the BRIC countries will buy the first-ever IMF issued…

Jul 17, 2009 at 00:00

Even after a massive recovery with sustained gains the gold stocks are still significantly undervalued. At the major highs of Gold $1030/oz and HUI 520, the costs to these companies…

Jul 17, 2009 at 00:00

In my first article "America's Sick - Part I" I wrote about the health care reform bill being proposed by Barack Obama. Through that writing I touched on the…