Invest Like Kim Kardashian
Love her or hate her, Kim Kardashian is plastered all over the internet and social media. Her latest stunt, putting her photoshopped posterior on the pages of Paper magazine tried to break the internet. Good news for Al Gore and the rest of us, the internet is doing just fine. For someone who started off […]
Market Commentary: Markets Close Mixed, Volume Low, Trading Sideways
Written by Gary The averages mostly traded along the unchanged line all afternoon remaining mixed. The The large caps closed in the green, but flat and the small caps closed in the red down -0.3% with the $RUT down -0.8%. Volume remained low, but not the anemic lows seen last week. By 4 pm the averages […]
Swiss Ban EU Immigration
The Swiss voters have spoken – enough is enough – go home Europeans! The Swiss will now block EU immigrants fleeing Germany and other European states seeking to get away from the Euroland insanity. Now European immigrants entering the country will face very strict regulations that effectively said no more. There has been a rising anti-immigrant […]
“The Economy Is Awful” …..Unless You Look At The Data That Is….
Since I don’t watch the TV I missed this exchange this morning…… “Davidson” submits: We are now 4 ½ yrs into economic recovery. Well known market commentators, like one on CNBC this morning, continue to say that the ‘economy is awful’ and all the job growth is low quality with no wage gains, ‘no increase […]
RUT Rolling
The very first step to any would-be corrective activity is to lose the EMA 10′s. That is the gold line on this chart of the Russell 2000. NFTRH has been noting 1) Over enthusiastic dumb money sentiment 2) fading participation and 3) a divergence by junk-quality bond spreads. Finally, the first scant technical evidence of […]
SP 500 And NDX Futures Daily Charts – Overflowing
Equities are in a bubble, but the real economy continues to languish. Paper money is overwhelming, and overflowing. There is some thought that the US can never print too many dollars for the rest of the world to take. Hubris does not even begin to describe the financial system of the Anglo-American banking cartel. Who […]
City Direct Equity Investments – Ugh
A version of this post appeared in the San Antonio Express News. I read with much interest the story last week of the San Antonio City Council approving a direct investment of $1.75 million in city funds to move three startup medical device manufacturing companies to San Antonio. And by “much interest” I mean the story made me want to […]
Vacuous Blabber Association Meets In Brisbane
G-20: Governments are “Growth” Magicians The G-20 met in Brisbane again this weekend for a shrimp-fest at reportedly considerable cost to tax payers (it cost more than $400 million and shut down an entire city for the best part of a week). What did the meeting achieve? According to the communique, it will achieve miracles. […]
3 Seemingly Crazy ETF Ideas
Japan has now registered two consecutive quarters of economic contraction – a persistent absence of growth that defines most recessions. For worse or for better, the world’s third largest economy will simply commit additional electronic money printing resources to acquire more Japanese stock and bond assets. This activity weakens the yen which, in turn, emboldens carry […]
Odds Of Stock Rally Pushing Higher
ECB Ready To Act In a familiar theme of words and little in the way of action, the head of the European Central Bank was jawboning again Monday. From The Wall Street Journal: “The European Central Bank is willing to take additional easing steps including purchases of government bonds if needed to keep inflation from staying […]
