Markets

Dec 21, 2003 at 00:00

If reason were a political choice, the opposition would abhor such legislation and denounce it as glaring misuse of political power. It would condemn legislation and regulation that allow one…

Dec 21, 2003 at 00:00

The CI-NCI Ratio appears at last to be topping out. Based on its formula alone (it being a 189 day moving average) the overall trend of this indicator should be…

Dec 20, 2003 at 00:00

The Saddam capture popped the S&P above its projection completion target of last week. The next and final projection is near and below 1097. 1091.06 was reached last week. That…

Dec 20, 2003 at 00:00

Except for 2002 the R2K has been up every year during the last 6 days of the year, So the question is: How similar is this year to 2002? The…

Dec 20, 2003 at 00:00

Since August 2000, the USA as well as most other western markets have depreciated almost in synchrony according to complex patterns of drops and local rebounds. We have proposed to…

Dec 20, 2003 at 00:00

World wide demand is up as a recovery starts to manifest. The Wild Card? Can you say China, boys and girls? Marshall Steeves, oil analyst for Refco, told me that…

Dec 19, 2003 at 00:00

And while this week's market action brings holiday cheer, there were unmistakable signs of a new degree of excess. Despite surging stocks and continued strong economic data, Treasury and corporate…

Dec 19, 2003 at 00:00

Since speculation is ultimately little more than putting our scarce and valuable capital on the firing line when probabilities seem to be in our favor, standard-deviation analysis provides a valuable…

Dec 19, 2003 at 00:00

We have pointed out that gold has not moved in terms of the Euro for some time now. Look at all the precious metals against the Euro and you see…

Dec 18, 2003 at 00:00

The current rally in housing stocks started in March 2000. Since then, the S&P 500 Homebuilder index had leapt almost 450% at the peak last month. While the homebuilders have…