Markets

Dec 20, 2009 at 00:00

Another rally would probably bring it down into the red, where we want it to be to signal an important top. Other signs of a near-term top are too numerous…

Dec 20, 2009 at 00:00

I just got off the phone with a friend who's buying some commercial real estate but isn't sure how to pay for it. Should he use cash and own it…

Dec 20, 2009 at 00:00

The Dollar break seems to be carrying all of the proper technical credentials that might allow it to morph into a major trend reversal ...

Dec 20, 2009 at 00:00

Prices have been range bound, and investors continue to be overly bullish, insiders continue to sell, and the smart money remains indifferent.

Dec 20, 2009 at 00:00

Thursday was a bummer. Is there a disaster ahead? The "blow-off" is continuing as expected but for how long? Questions, questions, but do we have any answers? Let's see.

Dec 20, 2009 at 00:00

I cannot yet make any kind of case for the sort of "hyperinflation" being predicted by some when -- for every $1 created out of thin air by the Fed--$100…

Dec 19, 2009 at 00:00

Federal Reserve Credit expanded $22.8bn last week to $2.191 TN. Fed Credit has declined $56bn y-t-d and $63bn over the past 52 weeks. Elsewhere, Fed Foreign Holdings of Treasury, Agency…

Dec 19, 2009 at 00:00

The Dow theory bullish trend confirmation that occurred earlier this year remains intact. Cyclically, the higher degree low that began at the March low also still remains intact. Longer-term, I…

Dec 19, 2009 at 00:00

The trends that can be identified are modestly positive. I expect the major indices to be higher on Thursday December 24 than they were on Friday December 18.

Dec 19, 2009 at 00:00

Total consumer debt is shrinking for the first time on 60 years. And the decline shows no sign of abating ... Credit card companies have reduced available credit by $1.6…