Apr 14, 2011
There's some danger on the S&P 500 chart. The index recently failed to break higher at the previous high point of 1,344 and now it looks like, unless we see a quick upward move, the index could be heading lower towards a lower pivot point at 1,249
Apr 14, 2011
It’s the best kept secret in the equity speculation business: take as little action as possible. If you have the patience to wait for only the most attractive stories during a period of strong investor sentiment, your odds of making money
Apr 14, 2011
Yesterday, President Obama said that he would cut $4.0 trillion from annual deficits over the next 12 years. He plans to raise taxes and cut government spending. The stock market hardly budged. The U.S. dollar and U.S. Treasuries hardly moved.
Apr 12, 2011
It has been a brutal few weeks for some of the smaller Chinese stocks, especially those that listed on the U.S. exchanges via the reverse merger route. Should you be concerned?
Apr 12, 2011
It seems that the only growth stocks out there in this market are related to natural resources (i.e. gold, silver, oil, corn). We might only be halfway through the current commodity price cycle and, even if you don’t much believe in it
Apr 12, 2011
We witnessed a terrorist attack on American soil (Twin Towers, September 2001). We’ve experienced the biggest real estate boom market we’ve ever seen (2003-2005) and the bust of that market (2007 to today).
Apr 08, 2011
China continues to face surging inflationary pressures despite higher interest rates and loan tightening. The country’s Consumer Price Index (CPI), excluding food, came in at 4.9% in February, which continues to be way too high.
Apr 08, 2011
Mitchell brings to your attention what a great stock market investment looks like. In this case, it’s a silver stock; a great example of the ultimate “package” that an investor can hope to find in the huge universe known as the stock market.
Apr 07, 2011
The government, if it were a business, would have been bankrupt years ago. Why? It spends money it doesn’t have. It borrows money from a bank (the Fed) that simply prints it and hands it over to a client (the government) that is insolvent.
Apr 07, 2011
Gold is sizzling hot! The chart is pointing to potentially more gains. All signs point to $1,500 as a short- to mid-term target for gold. The trading volume in the June gold been surging during the breakout and this is bullish.