There is a lot one could talk about here, but it would be difficult to sort out what is important from what is bull. The market remains at an important juncture. We have an open mind. Our Aggressive Portfolio Net…Continue Reading →
The 900 area of the S&P is of crucial importance here. So far the market has jogged around it, and it may take a 10 day average over 900 to get follow through, but in any case this is the…Continue Reading →
Our portfolio that we run on the Marketocracy site allows leverage up to 2.0 (or 200 percent depending on how you describe it) of account value. We disclose our leverage on this site to provide you a window to what we…Continue Reading →
The market gave the signal yesterday and the naysayers are piling on this morning. Maybe they are looking at the wrong leadership. We expect oil, gold, and commodity stocks/ETF’s to lead this next move to 1050 on the S&P. A…Continue Reading →
Technically a close over 900 on the S&P is a breakout with a 1040 short-term objective. Other than that, read the news, it is terrible. Also reread last weeks comments here. There is nothing new to add. 7:55 AM Update…Continue Reading →
Unemployment over 500,000, a big number and the Fourth Quarter GNP numbers will be really bad. There is a lot of talk that it is too dangerous to be long or short in the market, and you will know when…Continue Reading →
All this deflation talk coming out these days has to be taken with a grain of salt. House prices were 46 percent above trendline in 2005 and haven’t even come down to trend which is still headed higher. Now Bernanke…Continue Reading →
What if: 1) Obama’s economic plan is a big success, right out of the bag ? 2) What if change gets the whole world turned around on a dime ? 3) A few trillion dollars really makes a difference ?…Continue Reading →
Yesterdays sharp market decline fell right into what technically should be a right shoulder retest area. Our leverage ratio moved up yesterday to as follows: Regular Stocks/ETF’s 1.092 Long Commodities/Basic Materials/miners .066 Short T-Bonds .096 Long Gold / Gold ETF’s …Continue Reading →
The 150 point bounce off the 740 area in the S&P was easy. It was mostly short covering coupled with a few long-term buyers who are looking down the road. The Key question is whether the short sellers will put…Continue Reading →