So much is happening today I can think of about five different headlines and the one that I used above is probably not the most important. A couple of the other headlines that I considered were “Gold Blowoff”, “Deflation Lurking”,…Continue Reading →
A little good news as Washington Healthcare battle continues. Here is today’s NYT article on deficit reduction. http://www.nytimes.com/2010/03/18/us/politics/18simpson.html Todays market and the market over the past six months is one marked with lackluster volume. Three reasons seem obvious to me:…Continue Reading →
As Washington grapples with Financial Regulation and the Volcker Rule gets closer to passing it may be time to revisit why the financial markets need tightening up. So, why not revisit Hank Paulson, our local boy who made it big, going…Continue Reading →
First, it would appear that the no-brainer beginning of the year buying by pension and mutual fund buyers is probably about done. As always they probably have done a great job for another year of your 401K by buying at…Continue Reading →
I’m back from visiting the Medicine Wheel in Wyoming, plus other points, maybe the energy will come back. With the exception of oil, the markets are generally up 1 to 2 percent since the September 16 cycle point but that…Continue Reading →
Obama has a big job to try and rectify all that has happened to this country in the past 28 years. He won’t be able to get nearly all of it done and the people who supported him will hold…Continue Reading →
Bank lending practices coupled with Greenspan’s no-regulation approach have been a big factor in the economic scene that has developed. Now the banks have no money and they squirrel away all the bailout money the government gives them, instead of…Continue Reading →
Yesterdays market action was a much needed bounce off an extremely oversold panic condition. A coordinated action by a number of country’s central banks including our Fed no doubt added some buzz. As our longtime readers know, we have not agreed…Continue Reading →
The two smartest guys in the world have given us the answers that all the markets were awaiting. Karl Rove on Fox news said that the markets were declining this week due to Republican selling based on the rise of Obama in…Continue Reading →
The stock market seems to be settling into a trading range with the forces of recession battling the forces of stimulus. The range we are working with is 940 to 1060 on the S&P. 1000 is the swing-point which the…Continue Reading →