The GNP numbers, while much of it is based on short-term governmnet help, is today keeping the hope of recovery alive. Long-term interest rates will remain the big issue, they are rising again today, and the dollar index should hold above the…Continue Reading →
We moved out of our long positions, built up in the Oct 2008 to Mar 2009 panic period, way to early, and followed with short positions. This action had a substantial effect on our short-term performance. As of a couple of days…Continue Reading →
And that is good. It looks to me that Long-term interest rates turned up on October 21st. What other response to budding speculation can really occur. Washington, both the administrative and congressional side is making a lot of noise about…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 →
September 16th was an important long-term cycle date. The fact that the markets are holding around the area of that date is impressive and bears analysis. In the short-term sense the Stock and gold markets are overbought and will sell…Continue Reading →
One thing that will be a bit surprising to some, but compared to a year ago, an investment in the dollar would have earned you more than an investment in the S&P 500. It is important that denominated in the…Continue Reading →
Yesterdays close of the ETF FXI below 41.03 is probably the most significant event of the week. Saber rattling between Iran and Israel and quarter end portfolio shenanigans were the other factors. Tomorrow we will try to list our end…Continue Reading →