Prieur du Plessis

Contributor since: 26 Feb 2010

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• Stocks Markets Anticipating Better Economic Growth

  Published 14 December 2010 | viewed 0 times

  Further to my post of yesterday, "Stocks: anticipator of economic health", where my conclusion was that the stock market is an excellent anticipator of underlying…

• Stocks: Anticipator of Economic Health?

  Published 13 December 2010 | viewed 0 times

  Stock markets are again heading north while market commentators question the health of the world economy and especially the situation in the U.S. But who…

• Richard Russell: 'Stocks are not priced to produce profits over coming years'

  Published 10 December 2010 | viewed 0 times

  In a recent article, Richard Russell, 86-year-old writer of the Dow Theory Letters, focused on dividend yield as a valuation yardstick. I thought it appropriate…

• Trade of 2010 - Long Silver, Short Treasuries

  Published 09 December 2010 | viewed 0 times

  I noted the following on January 10 in a Words from the Wise review: "Will we perhaps look back at these assets [referring to bonds…

• Bullish Sentiment Raises Risk Level

  Published 08 December 2010 | viewed 0 times

  The latest Advisors Sentiment report from Investors Intelligence shows the bulls have edged up to 56.2% from 55.4% a week ago and 29.4% at the…

• Manufacturing PMIs

  Published 06 December 2010 | viewed 0 times

  I remarked in a post on Friday that the November manufacturing PMIs came in much stronger than the market and I expected. Only Spain, Italy…

• Scary Picture: Spiraling U.S. Debt

  Published 03 December 2010 | viewed 0 times

  The graph below, courtesy of Citywire, shows the expected change in government debt in 2011 versus the current debt for a number of countries. As…

• Stock Market Seasonality Points To A Good December

  Published 02 December 2010 | viewed 0 times

  The first trading day of December was off to a running start, with global stock markets gaining strongly yesterday on positive developments in Europe and…

• China Manufacturing PMI: Somewhat Stronger Than Anticipated

  Published 01 December 2010 | viewed 0 times

  The CFLP China Manufacturing PMI for November rose for the fourth consecutive month, to 55.2 compared to October's 54.7. Sources: Li & Fung; Plexus Asset…

• Stock Markets - Mean Reversion Continues

  Published 30 November 2010 | viewed 0 times

  I have argued on a number of occasions recently that I thought stock markets were in a corrective phase, expecting the process to continue to…

• SP 500: Caveat Emptor!

  Published 25 November 2010 | viewed 0 times

  The S&P 500 Index is entering expensive territory with the cyclically adjusted price-earnings ratio at 22.64 approaching the average of 25.0 from the post ICT…

• Moving Averages Flirting With Key Levels

  Published 24 November 2010 | viewed 0 times

  I yesterday summarized my market view in a post entitled "Commodity prices - on a knife's edge". For some additional perspective, I consider the key…

• Commodity Prices - On a Knife's Edge

  Published 23 November 2010 | viewed 0 times

  The prices of industrial metals find themselves at crucial levels as indicated by the Economist Metals Price Index in U.S. dollar - the latest number…

• Emerging Markets Showing Mature Markets a Clean Pair of Heels

  Published 19 July 2010 | viewed 0 times

  I posted a table yesterday showing the public-debt situation of emerging vs mature countries. "The contrast is staggering ... This trend [of escalating debt in…

• Chinese Stocks - Canary in the Coalmine?

  Published 03 May 2010 | viewed 0 times

  In another move by the Chinese authorities to rein in its booming economy, China's central bank yesterday announced the third increase this year in the…

• I Have Just Hedged My Equities By Going Long Volatility

  Published 25 April 2010 | viewed 0 times

  I have often in the past referred to the CBOE Volatility (VIX) Index, also known as Wall Street's "fear index". This is a measure of…

• Key Reversals on Stock Markets Point to Pullback

  Published 18 April 2010 | viewed 0 times

  Stock markets on Friday plunged from their 19-month peaks on the back of the SEC charging Goldman Sachs with fraud related to subprime-related products. Although…

• Put Gold Miners on Your Radar Screen

  Published 14 April 2010 | viewed 0 times

  Ever since I started my investment career as a mining analyst in 1984, I have taken a keen interest in gold stocks. In particular, I…

• The Gold Bulls Are Right - US Inflation is On the Up

  Published 09 April 2010 | viewed 762 times

  Is the rising gold price conveying a particular message about higher inflation ahead? Glancing over a number of economic charts (while I am waiting for…

• US Bonds - The End of a 30-Year Bull Market

  Published 04 April 2010 | viewed 1,409 times

  The US jobless report on Friday sparked a jump in Treasury bond yields, sending the yield on 10-year Notes to 3.95% - the highest level…