The Fed was created in 1913 in response to the Panic of 1907. Its original mandate was to promote the sort of financial stability that would prevent or at least…
Continue Reading
Gold has sold off for the past week or so in anticipation of this week’s Fed meeting. This is not a new phenomenon. Gold has acted like a “fraidy cat”...
Continue Reading
I’ve got a few updates on some of trade ideas. First, CF Industries had a strong move higher today. I couldn’t really find any news but it does come amid...
Continue Reading
This market comment is part two of I don’t know how many starting with FANG And The Illusion Of Infallibility. The big news in the world of business over the...
Continue Reading
I sold my AOBC position this morning at a loss of about $4. The earnings report last week was disappointing but probably not so bad as Mr. Market is making...
Continue Reading
There are some strange things going on in certain breadth measures of the broad stock market right now. The most popular measure of market breadth has to be the NYSE…
Well, SPY didn’t make the daily DeMark Sequential 13 sell signal last week like I thought it would but it did do so yesterday after it managed to rally to...
Continue Reading
Please note there will be no reports published next week as I’ll be on vacation. Warren Buffett turned 87 years old last week and Business Insider celebrated his latest trip...
Continue Reading