Markets

May 19, 2012 at 19:26

There are very few bears out there. Market bottoms occur when investors are bearish, and sustainable rallies start with short covering and with a lot more investors on the sidelines…

May 19, 2012 at 13:31

... what happened over the past 3 months was US stock markets held up as other markets were puking lower, which causing me no end of trouble, as the other…

May 19, 2012 at 09:37

Seasonally May is week and this May has been one of the weakest. The seasonally weak period ends this Friday. I expect the major averages to be lower on Friday…

May 19, 2012 at 09:35

Summary: Long term - on major sell signal. Short term - on sell signals. Both long and short term on sell signals and cycle is down but at levels of…

May 19, 2012 at 09:21

Last week's suggestion that traders should be selling rallies proved to be the right strategy all week long. The SPX lost 58 points and market internals deteriorated even further.

May 18, 2012 at 19:38

Working at my desk today was somewhat surreal. Global risk markets were closing out a dreadful week. Newswires were full of disconcerting articles - J.P. Morgan, Greece, Spain, Italy, China,…

May 18, 2012 at 19:10

These past couple of weeks may well have been the Bears breakthrough of the 2011 October rally. I believe that I will take further bearish positions in the near-term. I…

May 18, 2012 at 19:08

Today was all about Facebook's dismal market debut. From screw-ups with 2-hour delayed confirmations from the NASDAQ out of the gate to the syndicated underwriters intervening at the offering price…

May 18, 2012 at 15:04

While it might not look like it now, the most investable trend over the next 20 years is going to be in the resource sector, the renewable and non-renewable resources,…

May 18, 2012 at 14:44

We began the week by making a ballsy prediction about the precious metals complex. We believed a major bottom could happen this week. In the wake of the European debt…