For some unfathomable reason, the human mind tends to think in terms of extremes. For example: "Death or Glory", "Success or Failure", "Accelerating growth or Collapse".
Bear's Lair
Bear Markets always follow Bull markets and a severe stock market correction is long overdue. Bears Lair will spot, monitor and analyze the stock market correction as it develops.
Some readers may have seen a trades list produced by Goldman Sachs recommending that investors short gold next year. This report has been allocated to the circular filing along with the government inflation statistics.
In an article this week that examined the troubles brewing in Citigroup's mortgage business, the Wall Street Journal focused on Natalie Brandon, a 51 year old married woman from Granada Hills, CA, who is currently unable to make th
The US Federal Reserve is behind the curve. Great consequences have resulted and are likely to continue to result. Many words can be used to describe this group.
The World Game was created in 1961 by Nobel Laureate Buckminster Fuller.
Dear Fellow Deviants,
Dear Fellow Travelers standing by for the next flight to Genius,
The Dow Jones Industrial Index is now badly oversold from a technical perspective, and it looks more likely that the markets will bounce up than "collapse".
As internal debates in the Gulf and Asian nations intensify over the need to continue propping up the U.S.
The competing currency wars are beginning to escalate. Since 2002 the battles have certainly shown signs of economic damage. But they are really heating up. The winners are difficult to define. The losers are all nations involved.
When home prices skyrocketed in the early part of this decade, everyone seemed to forget that the subprime borrowers were high risk by definition.
Did you know that warrants have been in existence for many decades but very few investors know about them? Why?
In the last several weeks, tremendous movement and change has occurred in foreign currencies. Almost all foreign currencies have made multi-year highs against the crippled USDollar.
The chart below is a close-up of the Dow Jones Industrial Index as at close of business in the USA on November 15th 2007 (courtesy bigcharts.com)
This looks suspiciously like an OBV sell signal to me
Although yesterday’s reaction may have seemed severe, it is was actually perfectly normal, and served to bring things off the boil, which is necessary if the larger uptrend in gold and silver is to continue.
Recent reports of better than expected job growth and a 3.9% gain in 3rd quarter GDP have spawned much talk about how the resilience of the American consumer is enabling the country to weather the subprime storm.
There's the Housing Bubble and the Commercial Office Space Bubble. There's the Bond Market Bubble and its two progenies, the Junk Bond Market Bubble and the emerging Market Debt Bubble.
The public and investment community continues to be bombarded with denials as to the importance of the seemingly endless slide in the USDollar, along with curiously shallow commentary that the US$ slide seems overdone.
Drug addiction is precisely the correct analogy of what has happened to the world’s capital markets during the Greenspan’s Chairmanship of the Federal Reserve.
Last week I mentioned how silver was underperforming gold at this present time but demonstrated that this was something to be expected.
If you have ever wanted your child to study Technical Analysis so that they can become a millionaire like you, instead of maybe ending up living off you for half their lives and bringing their washing home etc, but have not summone
The following table shows Exxon's Gross Profit Margins over various periods:
Yesterday, as the dollar fell to new record lows and oil and gold prices surged to new highs, Wall Street remained fixated on wholly meaningless government data that managed to report the lowest inflation in the last half century.