Markets

Jan 02, 2005 at 00:00

But cutting directly to the bottom line, we believe that the most important subcomponent of the consumer confidence report over the last few months was simply absent from either the…

Jan 02, 2005 at 00:00

The seasonal tendencies are interacting with topping short term cycles and producing some cross-currents in the financial markets. The QQQQ -- which is representative of the NASDAQ 100 -- is…

Jan 01, 2005 at 00:00

The small caps usually hit a soft patch around the 2nd week of December that lasts for about a week. There was little evidence of that in the averages last…

Jan 01, 2005 at 00:00

The last week of the year of trading saw a quiet and thin market, with no London Fixes. This left the market wide open to any who cared to dominate…

Dec 31, 2004 at 00:00

The U.S. government would be well advised to dedicate itself to alleviating the suffering now taking place as a result of the Tsunami flooding in South and Southeast Asia. This…

Dec 31, 2004 at 00:00

Here at home, rampant liquidity excesses stoked extraordinary housing speculation and inflation, especially along the coasts and virtually everywhere "upper end." The California housing Bubble evolved into a full-fledged mania.…

Dec 31, 2004 at 00:00

Decisions have consequences, we preach to our kids. Often these consequences are unintended. The list of unintended consequences of government decisions is long and mostly sad. In my reading this…

Dec 31, 2004 at 00:00

Last year I reported that the Monthly DJIA time paths preceding the 8 deep Monthly DJIA Coppock Curve buy signal dates since 1950 pair off into 4 patterns. Given that…

Dec 31, 2004 at 00:00

Speculation is truly a strange art. It is one of the few undertakings in life that has virtually no external limits. In most undertakings, outside rules are imposed on participants…

Dec 29, 2004 at 00:00

If the love of money is the root of all evil, the depreciation of money must be the mainspring of all shams and frauds. It works silently and covertly, impoverishes…