The Dow is just a "pinch away" from a series of resistance lines, ranging from 13 years to 31 years, that have marked important emotional highs & lows in the past suggesting that once the Dow reaches 16,000 or so it will correct.
Read More »Silver: Current Risk Not Worth the Upside Potential – Here’s Why
Silver is less predictable than gold. Its ups and downs are far more pronounced than gold's and occur with greater regularity and its declines are far more damaging. That unpredictability makes silver no longer worth the risk...
Read More »Stocks: Irrational Exuberance Has Returned! Here’s Why (+2K Views)
It wasn't so long ago that irrational exuberance over the housing market had seized investors' logic, and the same thing is happening to US stocks right now. Fair-weather investors are abandoning gold equities and jumping into the US market in the hopes of making an easy buck, just as people bought property near the housing peak hoping to flip it before those adjustable-rate mortgages reset... My advice: don't gamble your savings on the hope that there will be a greater fool who will come along and buy your inflated assets at even higher prices.
Read More »Latest Stock Valuation Table Says What About U.S. Market Levels?
The GNP numbers came out this week for the first quarter of 2013 and there was 1.8% growth yoy to $16.236 trillion...What does this mean to your equity positioning?
Read More »Sentiment Survey Updates On Stocks, Bonds, Commodities & Currencies (+2K Views)
Time for another sentiment update 0n what the various surveys and committment of traders have to say about the future price expectations for the U.S. stock markets, U.S. Treasury bonds, various currencies and a wide range of commodities including gold and silver. "And the surveys say...!"
Read More »Wall Street Claims Secular Bear Market in U.S. Stocks Is Over – Is It Justified? (+2K Views)
Two charts today, both from Goldman Sachs, focus on US equity valuations and suggest that the secular bear market in US stocks is over. Are we really experiencing an historical anomaly that falls into a "this time is different" narrative or is the current secular bear market not over just yet?
Read More »Invest In South Korea – Here’s Why & How (+2K Views)
The financial media gives plenty of attention to China and Japan, but one Asian country that just doesn’t seem to receive its due is South Korea. Some of the most-attractive investment opportunities in the world can be found in South Korea. In fact, the average South Korea stock is about 40% cheaper than U.S. stocks on a price-to-earnings basis, trading at an average of 9.6 times trailing earnings compared to 17 times for U.S. stocks.
Read More »Don’t Get Greedy! The Greedometer Gauge Has a 100% Track Record – Here’s Its Most Recent S&P 500 Forecast (+3K Views)
In the 7 years that the Greedometer has been used there have been zero missed calls, and zero false alarms. The 7th warning began in January and in late February,the Greedometer gauge reached an epic 7900rpm which is marginally higher than the 7700rpm maximum reading seen 3 months prior to the S&P500 peak in October 2007. [This article outlines the development and successes of the Greedometer and the new Mini Greedometer and what they are predicting for the stock market in 2013.] Words: 1420
Read More »What Does Ongoing Low Inflation Mean for Investors?
There’s certainly no shortage of things to worry about right now related to the US economy but one thing we’re not too worried about right now is inflation. So what are the implications for investors? Here are four.
Read More »Watch Out for These 4 Potential Market Risks
The global equity market faces a number of risks and the risks I worry about most are those that aren't completely reflected in relevant asset prices. In other words, if these scenarios [were to] occur, investors...[wouldn't be] compensated for any resulting violent market reaction. Here's a look at four such risks.
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