Mark J Lundeen
2014 has been a very good year for the “policy makers.” Seeing the Dow Jones up 8.32% on the year tells us that, but more importantly we can see their success in enforcing “stability” in the economy by the lack of days of extreme...
Using data from the US Treasury, updated through August of this year, let’s take a look at who is purchasing US Treasury bonds:
In early November we find the Dow Jones moving from one new all-time high to the next while the price of gold (and silver) only seem to go down, that is until today. This is certainly not hard to understand; the Western central banking...
A week ago everyone was bearish; this week with the market’s recovery it feels safe to buy a growth stock again. I’m not so sure everything is fine; in fact I’m still damned bearish on the stock market. But before I go into that let’s...
Two weeks ago (October 3rd) I noted the bearish NYSE 52Wk High & Low data that began just days before the Dow Jones reached it latest all-time high on September 19th. I included the table below (with data updated to October 3rd),...
Once a year I have a physical. My blood work came back and I’m normal except I have high cholesterol levels. My doctor wants me to take a cholesterol lowering drug, but for reasons I’m not going into here I don’t want to. A year ago...
On Wednesday, October 1st the stock market was experiencing a little selling pressure. There was some concern with CNBC’s talking heads that a market correction could be imminent. Well that could be, but so far the chart below shows no...
It’s fair saying that since 1920, the only Dow Jones bull market that actually proved profitable to the average retail investor was the Roaring 1920s bull market, if they sold before the bottom fell out from under them. And without a...
Historically tax-free municipal bonds (Blue Plot below) have yielded less than taxable best-grade corporate bonds (Red Plot). This has been true for two reasons: Their owners receive tax free income. State and local governments service...
As of the first week of September gold investors have good reason to feel depressed; gold is down $50 since August 07th with no sign of the long expected turnaround. Still, for all the depressing market psychology we gold bulls must...
