Markets

Jun 13, 2003 at 00:00

With the benefit of another half-year of observations and insights, this week I would like to take another look at the Put/Call Ratio as a primary index-speculation indicator. It has…

Jun 06, 2003 at 00:00

Since elite sentiment indicators like the VIX and PCR anomalously failed to show even a hint of fear in this entire current bear rally to date, I have been on…

May 30, 2003 at 00:00

Stocks are not merely lottery tickets or abstract pieces of paper, they are fractional ownership stakes in real living and breathing corporations. A share of stock grants investors a fractional…

May 23, 2003 at 00:00

The financial markets in which speculators ply their trade are exceedingly emotional arenas. Capital is an emotional thing and so many countless hopes and dreams are riding on practically every…

May 16, 2003 at 00:00

Sentiment, the collective emotions of all market participants, is the prime driver of financial markets over the short-term. Short-term market movements are like an endless sine wave of perpetually warring…

May 09, 2003 at 00:00

Unlike the troubled US equity markets, gold has been in a powerful bull market for over two years now. The Ancient Metal of Kings has managed to gallop up an…

May 02, 2003 at 00:00

About a century ago Jesse Livermore blossomed into one of the most celebrated speculators of all time. He was trading heavily in the early decades of the 1900s, a wondrous…

Apr 25, 2003 at 00:00

After watching the stock-market trading action this week, I have to admit my admiration for the bulls' success. Not only did they extend the impressive war rally, but they managed…

Apr 18, 2003 at 00:00

For those bulls playing long, their general sense of unease is growing daily. Washington apparently successfully annexed Iraq without any worst-case scenarios erupting, thanks to the phenomenal work of our…

Apr 11, 2003 at 00:00

In many ways the US dollar has become the central linchpin of the entire global economy, including both financial markets and international trade, so it is difficult if not impossible…