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Markets

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The Double-Edged Sword of Financial Fear

Jul 05, 2010 at 10:08

Worries over the fragility of the economic recovery continues to haunt investors and dominate the new headlines. The latest headlines point to a widespread expectation of a double-dip recession by…

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Obama's Fascist Economics is Failing

Jul 05, 2010 at 09:39

It is absolutely clear, except to the most bigoted Democrat, that Obama's economic policy of borrow and spend and then borrow and spend more and more has been a total…

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Turning Points

Jul 04, 2010 at 16:01

The current trader-dominated market activity is creating a high level of volatility in which it is often difficult to determine the lasting strength or weakness in moves. There are several…

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Are We Sure States Can't Declare Bankruptcy?

Jul 04, 2010 at 13:59

Saturday's New York Times has an article on Illinois' finances that is must reading for anyone who thinks the U.S. has turned the corner ...

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The Stock Market Crash From April 26th, 2010 Continues. How Low Do Markets Go?

Jul 04, 2010 at 13:48

Since April 26th, the S&P 500 has plunged 16.2 percent, the NDX has dropped 16.1 percent, the Industrials have lost 14.0 percent, and the Wilshire 5000, which is essentially the…

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Technical Market Report for July 3, 2010

Jul 03, 2010 at 13:46

The market went from oversold to extremely oversold last week. A bounce of some kind is overdue. I expect the major averages to be higher on Friday July 9 than…

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Bears Should Beware

Jul 03, 2010 at 13:35

I'm going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close to a major bottom. (That…

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20 Questions with Robert Prechter: Long Decline Ahead

Jul 03, 2010 at 12:39

The 7¼-year cycle has been quite regular since the first bottom in 1980. The next bottom was at the crash in October 1987. The next one was November 1994, which…

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Gold ETF: Time To Buy?

Jul 03, 2010 at 12:28

On Thursday, the SPDR Gold Trust (symbol: GLD), which is the ETF that tracks the performance of gold, saw its worst one day performance since February, 2010. No one would…

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The Dismal Science Really Is

Jul 03, 2010 at 11:10

There's a reason economics is called the dismal science, and weeks like this just give it further meaning. In economics, there is what you see and what you don't. This…