Reality Check
My pal Cody wrote a column yesterday titled Reality Check. He wrote: "Nothing drives me crazier than when people point to the...
“Unnatural”
Raymond James’ Jeff Saut offers his take on the recent market action: As for the “here and now,” we have deemed the recent...
S&P500 Relative Sector Performance Year-to-Date
Via Mike Panzner, comes this list of sector runs for this year: Sector Performance Table Sector YTD Change Telecom Services +28.50...
P/E Ratios as a Buy Signal?
I get all sorts of email. Some of it, I simply do not know what to do with. I respond to polite requests, I look at suggested specific...
PermaXXXX?
I went to CNBC an hour early yesterday, to have lunch with Herb Greenberg. For those of you who don’t know Herb, he is one of the...
High-Tech Strategist
Doug Kass channels Fred Hickey’s macro concerns, in Fun With Fred: • Hickey points out another fallacy with the 1995 market...
Julian Robertson on Irrationality in Markets
I was speaking with Herb Greenberg on Monday about Julian Robertson. He had mentioned this little tidbit, buried at the end of...
Momentum versus Economics
Momentum traders continue to drive stocks higher, regardless of what the economic data is. The latest bit of Reality intruding into the...
Newsletter Sentiment Skews Very Bullish
There is a rather interesting and important column by Mark Hulbert this Sunday in the NYTimes. In it, he discusses the state of Bullish...
Technical Review – DOW JONES TRANSPORTATION INDEX
Dow Jones Transportation Index (TRAN) – Daily Chart (2003 – present) > After a marvelous three plus year run, the Dow Jones...