Michael Ashton

E-PIPHANY

Contributor since: 26 Feb 2010

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• Know When To Walk Away

  Published 24 May 2010 | viewed 0 times

  Occasionally (and this seems like an excellent occasion) it is worthwhile to step back and, rather than considering the investing attributes of the market, ask…

• Time-out! New Rules!

  Published 18 May 2010 | viewed 0 times

  It is always important to remember that when you are investing or trading, while the rules appear to be clearly spelled out they may be…

• To Get Those Twenty, They'll Destroy The Market

  Published 17 May 2010 | viewed 0 times

  A decline on Friday and on Monday? The equity market selloff threatened to enter a new phase, as stocks fell on Friday in fear of…

• Never Complain. Never Explain.

  Published 14 May 2010 | viewed 0 times

  The key news of the day, of course, was that NBC canceled long-running show Law & Order after 20 years. The leaves NBC with only…

• Never Happened!

  Published 12 May 2010 | viewed 0 times

  Well, the stock market is back to where it was pre-Thursday, with the S&P rallying some 1.4% today on again-lower volume. There was, for the…

• Rattlesnakes At The O.K. Corral

  Published 10 May 2010 | viewed 0 times

  The weekend finally produced something of substance, although how much substance is clearly still open to question. It has been called an "all-in" bet by…

• Buy On The Sound Of Cannons?

  Published 06 May 2010 | viewed 0 times

  The old saying is that you should "buy on the sound of cannons, sell on the sound of trumpets." I think that adage applies, however,…

• No Pleasing Some Folks

  Published 04 May 2010 | viewed 0 times

  There is just no pleasing some people! Greece finally gets a package of a decent size...okay, so it's not very likely that the deal will…

• Some Second Guessing?

  Published 01 May 2010 | viewed 0 times

  There seems perhaps to be a little bit of second-guessing going on at the moment. Although the Chicago Manufacturing index was stronger-than-expected at 63.8, and…

• Where To Hide?

  Published 28 April 2010 | viewed 0 times

  The water is getting a little choppy, and perhaps dangerous enough to consider not swimming for a little while. Today the June 10y note gave…

• Don't Tap On The Glass

  Published 26 April 2010 | viewed 0 times

  According to Investors Intelligence, cited in Alan Abelson's column in this weekend's Barron's, only 17.4% of advisory services are bearish on the stock market, the…

• The Drama Isn't Over

  Published 25 April 2010 | viewed 0 times

  I am not sure what game it is that equity investors are watching. Overnight, Greece formally asked for aid from the EU and the IMF.…

• More TIPS In Every Pot

  Published 22 April 2010 | viewed 0 times

  Another slow day, with the equity bears/fixed-income bulls winning this time. The bond market ended up at 3.74% on 10y yields with TYM0 up 13.5/32nds.…

• What Price, Price?

  Published 19 April 2010 | viewed 0 times

  It was a relatively quiet day in the markets, despite the fact that stocks were weak overnight (partly because Greece's Prime Minister said the country…

• What A Bunch Of Ashes

  Published 16 April 2010 | viewed 0 times

  What Wall Street really needed right now, as they attempt to mobilize against the potentially-disastrous Volcker Rule and any number of other populist nostrums, was…

• Rotten Only At The Core

  Published 14 April 2010 | viewed 0 times

  The financial news networks are abuzz about earnings, but for me the focus is on the fact that Core CPI matched the lowest year-on-year core…

• Is Time On Our Side?

  Published 12 April 2010 | viewed 0 times

  A week away, and nothing has really changed. The 10y yield is still around 3.84%. Stocks are still going up (although the Dow broke 11,000!…

• Saved By The Bell? Maybe Not

  Published 02 April 2010 | viewed 1,181 times

  It is on days like this that I realize just how little most of the investing world cares about fixed-income. To be sure, the big…

• A Sigh Of Relief

  Published 31 March 2010 | viewed 1,380 times

  First things first: for my money, the last 20 minutes of "Armageddon" is probably the most effective emotional cinema there is. That is in stark…

• Groucho And Holiday Inn Express

  Published 28 March 2010 | viewed 1,577 times

  There's nothing like a potential act of war to press the 'pause' button on a bear market in bonds. The sinking of a South Korean…