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.

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.

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.

Despite the Fed’s recent communications that they are planning to “taper” the current monetary program by the end of this year – the index is suggesting that their interventions, in one form or another, are unlikely to end anytime soon. The threat of “deflation” remains the Fed’s primary concern.

I wrote several years ago that Japan is a bug in search of a windshield and in January I wrote that 2013 is the Year of the Windshield. Japan is a country that is on the brink of fiscal and economic disaster

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

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.

U.S. Federal Reserve Chair Bernanke addressed the Joint Economic Committee of the U.S. Congress on The Economic Outlook [saying in a nutshell] "We clearly understand the game we are playing, but we are boxed in and have to stay with our current strategy. We hope for the best because we are out of options

US equities remain the only major asset class not [to] experience a bear market or an annualised negative performance during the current investment cycle. This is very rare. The last time US equities posted even a -1% annualised total return was back in middle of 2009, almost five years ago. [As such,] this asset class now presents the most risk to long term investors. [Read on, there's more!] Words: 676; Charts: 3

It's hard to believe there is more upside left in the stock market considering this year's rally...[yet, while] the indices may be wildly overbought in the near term, ...stocks could have a few more years of big gains ahead.