Is this Rally all about the Fed?
The relentless rise in the U.S. stock market over recent months has emboldened the perma-bulls. The business news cable networks are parading out this crowd in all of their glory to gloat over the market’s rise.Click here to read more.Never mind that many of these pundits are the very same cheerleaders... Read the full story
VIDEO: Expectations for Central Banks Concern Plosser
Click here to read more. May 9 (Bloomberg) — Federal Reserve Bank of Philadelphia President Charles Plosser talks about global central bank policies, the U.S. economy and stocks. Plosser, speaking with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance,” also discusses... Read the full story
Mini Flash Crash
Here’s a snapshot of last week’s mini flash crash initiated by a false tweet. Trading programs scour social media and then trade on the information. See the early afternoon crack in the market? It may have ruined the back nine for the poor guy with the executed stop loss that never got back in. It’s... Read the full story
Stocks Hit New Highs: Bear Market on the Way?
Today stocks hit new all-time highs on the S&P 500. Happy days, right? Not so fast. Here’s what’s scary about the stock market’s recent climb to new highs and how it could all fall apart. Click here to read more. Take a look at the chart below. On it you’ll see the monthly growth rates for... Read the full story
Stocks you can Trust Today
With the Dow soaring to record highs you have to wonder what you can trust in the stock market. Are gains in the market just an expression of Fed easy money policies, or should you jump in for a quick buck? Read the full story Read More →
A Winning Stock Policy for You
Thinking about all the cash Apple is holding on to makes me wonder about its dividend policy. Some of that cash would probably be better off in the hands of stockholders. I’ve been spending some time reviewing my copy of Security Analysis by Benjamin Graham and David Dodd. I’ve had the book since... Read the full story
This Stock Rally Is a Dud
Investors are not paying attention to the real returns of this stock market. Rich Karlgaard, publisher of Forbes, wrote a spot-on piece recently in The Wall Street Journal. He pointed out that the S&P 500 is up 124% over the past four years, but gold is up 88%, oil 106%, and silver 167%. The broad... Read the full story
America’s Businesses Not Feeling the Love
With the stock market soaring one would expect businesses to be exploding with optimism. Since the beginning of 2013 the S&P 500 is up 6.4%, that’s explosive growth for such a short period. But rather than confirming the optimism being implied by investors, business owners and management are sounding... Read the full story
S&P Ripe for a Correction
After rocketing upward by 4.8% already in the new year, the S&P 500 is entering extreme overbought territory. On the chart below you can see the ratio of the S&P 500 price index to its 50 day moving average. The ratio is nearing 1.05, traditionally a turning point. What’s driving equity prices... Read the full story
Stocks Soar: Don’t Miss the Boat
It seems Mr. Bernanke’s bludgeoning of individual investors is finally starting to pay dividends. Four years of pinning short-term interest rates at zero with a promise to hold them at zero for another two years and a commitment to buy massive quantities of long-term Treasuries and mortgage backed... Read the full story
