Been Down So Long (It looks like up to me)
Markets are making 4 and 5 year highs. The noise out of the talking heads has been anything but bearish. Those who listen to all the...
5 Year Performance, Selected Markets
SPX, Dow and Nasdaq have all dramatically underperfomed other asset classes over the past 5 years. Despite all the cheerleading about the...
Where are the Bears?
I noticed yesterday that the WSJ’s MarketBeat picked up quotes from both Raymond James’ Jeff Saut and myself, with each of us...
Earnings Expectations Slip Slightly
Interesting discussion this morning on earnings expectations and subsequent market performance. It seems that after several years of...
The Fundamentals of Market Tops
David Merkel wrote this a year ago; Its a brilliant set of observations of what market tops look like. David starts by noting he is...
Who do you trust?
I get some fabulous and informative email. This one was from someone who was wondering about why they should follow my longer term calls...
February CPI Tame
I would be remiss if I failed to address yesterday’s CPI data, which can be described as tepid. And as you may have surmised, this...
Watch the Block Trades
While the S&P 500 ETF (SPY) has inched towards multi-year highs, block money flow — a gauge of net institutional buying and...
Bad Moon Arising
Even as the short term firms up, dark portends persist. Today, we review the interim positives – and longer term negatives – as they...
Dennis Gartman’s Rules of Trading
via John Mauldin, comes Dennis Gartman’s "Not-So-Simple" (But Really Utterly So) Rules of Trading R U L E # 1Never, ever,...