TECHNICAL VIEW . The Principle of History. Two historical technical observations today: 1. Capitulation: Where the Heck is It? CNBC keeps interviewing floor traders and reporting from the New York Stock Exchange that everyone there is anxiously looking for that big bout of capitulation, selling, to end...
WHERE YOU SHOULD STAND TODAY. The Ideal Portfolio (another Schwartz View ). Yep, let me offer up one man’s view of what the ideal portfolio should be today and why: · Very minimal exposure to the stock market! This major, modern day margin call on institutional investors is causing havoc...
OIL VIEW . I’ve been reading a lot about oil, the current state and the history of oil as we see prices keep rising and we all wonder where a top is. So below are some interesting tidbits which I’ve unearthed from the Internet (a great modern day development!) for you to ponder, some obvious...
LOOKING BACK : One major day-trading tenet is to look back at each trade & learn from both your successes & mistakes. This rule should apply to investing, speculating, everything. So let me do so today. THE SOFT AGRICULTURAL THEME . Yesterday I cleaned out my files and found when I first began...
THE BIG PICTURE & THE ECONOMY Today’s Big Picture view comes down to whether the US economy is going into a severe, long lasting recession or not. My belief remains that we are, that’s where today’s slow-motion economic slowdown is leading us, but the jury remains out & lots...
UPDATE ON THE STOCK MARKET . Tuesday, April 29th, 2008: 6:30 a.m. The stock market has some uncertainty – there’s that awful word again – about tomorrow’s Federal Reserve 2:15 p.m. interest rate policy announcement. For the first time in a very long time, we’re not quite sure what the Fed is going to...
THE REAL ECONOMY VS. THE PAPER ECONOMY The Real Economy . Oil at a record, rice too. Gold hitting $1000 an ounce, silver way up. Corn prices boosted by ethanol demand. Food riots in Haiti, Guatemala, Argentina and more. 24 countries dropping food import tariffs because they are seeing food shortages...