Turning On A Dime
As I write this the S&P has rallied by almost 6% in just a few trading days. Get used to it. In an environment of uncertainty rallies and plunges are the norm. Two weeks ago things could not get much [...]
As I write this the S&P has rallied by almost 6% in just a few trading days. Get used to it. In an environment of uncertainty rallies and plunges are the norm. Two weeks ago things could not get much [...]
The world’s problems disappeared, magically and overnight. Last week we saw three major rallies. The first was in the S&P 500; the second in the Volatility Indicator (VIX), and the third was in the Euro. It was the latter that [...]
Last week retail bell-weather Best Buy (BBY-NYSE) reported disappointing earnings. As the CEO Brian Dunn put it “store traffic is “choppy,” adding that “consumer spending is episodic … It appears that customers are operating on cues from the broader environment.” [...]
As I write this BP is trying to plug the leak from its well on the floor of the Gulf of Mexico. When all is said and done the magnitude of crude oil that has been pumped into the Gulf [...]
Welcome back. Once again, you’ve entered that portal into another world. Sadly, the views you read here are considered ‘alternative’. Some would say abnormal. I’m proud to agree with them. ‘Normal’ isn’t just boring; in the investment world it’s suicide. [...]
How does fear control your daily actions? Take a look at your life and the choices you’re making that determine what happens in it and you’ll notice that your fear of things- real or imaginary- is basically how you make [...]