Here are the numbers from the Marketocracy Tracking Portfolio of our total positions for the Month of October, Year to Date, and past 12 months versus the S&P 500 Index. October 2008 Year to Date Past 12 Months S&P…Continue Reading →
The comments of the past two days prevail. The S&P’s are trying to hold the 940 level with the coming election jitters setting the mood. Market players and CNBC pundits are still looking for an October surprise. They still have 7…Continue Reading →
Yesterdays comments are still in play. If we decide to move into cash we will send out an update. At the moment we see the market stretching through the S&P 1007 ceiling in the next week. This T-Bond decline looks…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 →
Life is a lot of Probabilities Capitulation, when is it coming? CNBC interview based Indications of a stock market bottom are either: 1) mutual funds start buying, 2) high volume down move making new lows and closing higher for the…Continue Reading →
Sometimes a few basics need to be reviewed like: are we bullish or bearish? To us everything is in degrees and in macro economic/political terms. Technical indicators are used as crutches not deciders, as George Bush would say. Our leverage…Continue Reading →
As I see it there are two choices here which our two Portfolio positions represent. First we believe there will be a 30 percent rally from the 840 level on the S&P. It will be a rally without warning, so…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 →
From a valuation standpoint gold and commodities are now at levels where we believe that they are a buy. While we believe that later in the overall bear market we will see lower levels ($ 550 gold), that is probably a…Continue Reading →
The S&P’s have gone through the 899 level. We mentioned this level earlier today as a lot of technical traders are also keying off it and to a certain esxtent it becomes a magnet. Does it mean anything, maybe or maybe…Continue Reading →