Chip Stocks Slammed as PC Orders 'Fall Off a Cliff' [View article]
If you're itching for a contrarian trading/investing opportunity, I wouldn't look at Intel long or short then. There are too many people watching and analyzing stocks like Intel to gain an edge either way, IMHO.
I am trying to point out that if you trade Intel merely based on news and fundamentals, you are toast, because the real smart knowledge is already baked into the stock price.
Markets Breaking Down from their Rising Wedges [View instapost]
Great analysis Andy, I'll agree with Bron, am with you on this as well.
Combine the rising wedges with the newfound bullishness, and it sure looks like we're ripe for some sort of decline. Will be interesting to see if it is violent enough to take out the July 1 lows.
Is a Big Decline in Equities Ahead? [View article]
Thanks Bildar! Appreciate it - though admittedly, I was either early or wrong on the current call :) Same thing thus far - we'll see how things tip from here.
In my reading today I've seen a few "permabears" switch their short term outlook to mildly bullish, because of the S&P topping it's MA. So we shall see, but I have to think that the long side is pretty crowded right now, at least from a short term perspective.
Renting vs Buying - 7 Reasons You Should Never Buy a Home [View instapost]
Thanks and wow, that is an awesome reduction - and yeah, probably best kept as cash under the mattress for now :) Or very short term paper via TreasuryDirect.gov. Not a lot of enticing options but in a few years our cash should continue to grow in value as asset prices continue to decline all around us.
Our 3 Favorite Leading Stock Market Indicators [View article]
Yes, agree, that is the pattern - people flee the dollar and head to stocks, commodities, gold - just about everything except treasuries.
But when that trade reverses, it sends the dollar up, and everything else down. If we have in fact seen the initial reversal of this "reflation trade" - 1st with the dollar's upturn started last Dec, then the S&P toppiness since April - we could be in for a doozy repeat of 2008.
IMHO it all hangs on the dollar. If the dollar's current decline is a mere correction in a larger uptrend, then we should see other assets decline roughly in tandem.
Why Richard Russell Disagrees with Robert Prechter About Gold, US Dollar [View instapost]
Why Richard Russell Disagrees with Robert Prechter About Gold, US Dollar [View instapost]
Today's Market Action: Deflation is Back! [View instapost]
Chip Stocks Slammed as PC Orders 'Fall Off a Cliff' [View article]
Chip Stocks Slammed as PC Orders 'Fall Off a Cliff' [View article]
I am trying to point out that if you trade Intel merely based on news and fundamentals, you are toast, because the real smart knowledge is already baked into the stock price.
Markets Breaking Down from their Rising Wedges [View instapost]
Combine the rising wedges with the newfound bullishness, and it sure looks like we're ripe for some sort of decline. Will be interesting to see if it is violent enough to take out the July 1 lows.
Why Aren't Long Term Interest Rates Skyrocketing? [View article]
Why Aren't Long Term Interest Rates Skyrocketing? [View article]
Is a Big Decline in Equities Ahead? [View article]
Is a Big Decline in Equities Ahead? [View article]
Is a Big Decline in Equities Ahead? [View article]
In my reading today I've seen a few "permabears" switch their short term outlook to mildly bullish, because of the S&P topping it's MA. So we shall see, but I have to think that the long side is pretty crowded right now, at least from a short term perspective.
Is a Big Decline in Equities Ahead? [View article]
Is a Big Decline in Equities Ahead? [View article]
Renting vs Buying - 7 Reasons You Should Never Buy a Home [View instapost]
Our 3 Favorite Leading Stock Market Indicators [View article]
But when that trade reverses, it sends the dollar up, and everything else down. If we have in fact seen the initial reversal of this "reflation trade" - 1st with the dollar's upturn started last Dec, then the S&P toppiness since April - we could be in for a doozy repeat of 2008.
IMHO it all hangs on the dollar. If the dollar's current decline is a mere correction in a larger uptrend, then we should see other assets decline roughly in tandem.