Markets

Dec 01, 2008 at 00:00

Gold: Is this September all over again, a sharp couple day rally and then a more casual topping out and decline? This time the rally didn't even come close to…

Dec 01, 2008 at 00:00

In terms of "real economy", GE and Dow pretty much fit the bill, no? In their wildest dreams, we have to believe that most investors of the moment never would…

Dec 01, 2008 at 00:00

We acknowledge that wealth destruction could lead to less money being borrowed into existence in the future, and, consequently, to deflation. After all, tens of trillions of dollars have been…

Nov 30, 2008 at 00:00

We remain in Buy Mode, looking for the markets to move higher into 12/11. That being said, the markets appear set up for a retracement lower following last week's light…

Nov 30, 2008 at 00:00

When I complain about the lousy state of economic commentary I also include the Reserve Bank of Australia. In a recent speech he gave in Melbourne Glenn Stevens, the Reserve's…

Nov 30, 2008 at 00:00

Overall, the market had a positive week but volumes were light due to the Thanksgiving holiday shortened week. If we can see some follow through under normal volume conditions, then…

Nov 30, 2008 at 00:00

This bear market rally looks as if it has longer to go, but not before a short-term correction which could come as early as Monday/Tuesday.

Nov 30, 2008 at 00:00

There are no fixed stops to this portfolio, but we will actively monitor and manage positions. Cash balances will earn modest interest rates, depending on average daily balance in money…

Nov 30, 2008 at 00:00

Until a retest of the lows occurs, we recommend caution on long entries. A cash position is best until an opportunity presents itself for a long entry on a successful…

Nov 30, 2008 at 00:00

The Fed is replacing cash and cash like assets that have been eradicated either as a direct loss or through a devaluation as assets are savagely re-priced lower. The funds…