My market timing model was in full swing today and it flashed a BUY. Today was a lot of carnage and I suspect that we could go even lower from here. I hope everyone has their stops in place, :).
Normally I wouldn’t move any money in the market until the low at 1276 [...]
I finished reading Gene Callahan’s, Economics for Real People, a while ago but never had the chance to write a blog post about it. I can sum up the book in three words, I loved it!
This book lays out the basic building blocks, in layman’s terms, to what Austrian school of economics is [...]
About a week ago I met up with the MarketDoctor for drinks. We do this from time to time to lament on the sad state of the economy and all that’s wrong with this country, while downing a few beers. Our usual topic of discussion is about the rampant inflation rate that’s been [...]
I drive down a very crowded NJ highway everyday to work and for the past 9 months I’ve been noticing a lot of local businesses closing their doors on both sides of the highway. What’s scary is that its at a rate that I’ve never seen before. Within in two weeks I saw 2 coffee/deli’s close, [...]
It seems that some people are of the mind that the latest rally in the markets is a sucker rally.
“It may be a suckers’ rally,” said Eveillard, who is based in New York. “Investors want to believe. But if I’m right, then there’s truth to the argument that this is the worst financial crisis since [...]
I was surprised yesterday when I came back from a meeting to see that my proprietary market timing model issued a SELL. I advise taking some profits here and being vigilant for another possible market sell off.
Yesterday my model flashed a signal but I couldn’t discern right away if it was a solid BUY or SELL but its actually beginning to look like a very weak BUY signal. The S&P500 has hit a lot of resistance and support lately so its interesting to note that the markets can go either way [...]
