S&P 500 could go as high as 3,000. Pick your number. Predictions like these are meaningless as long as a target for the dollar has not been named. Sure the Dow could go to 30,000. But in that case I think the dollar index will be below 70.
Cracks Appear in World Equity Markets: A Taste of Things to Come? [View article]
Logic behind Japanese Equities:
1) 20+ year bear market, longest in history 2) Unloved, Ignored, zero mainstream media coverage (except negative) 3) Decent valuations 4) Strong corporate ethics 5) High quality goods and services 6) Overvalued bond market 7) ...
Cracks Appear in World Equity Markets: A Taste of Things to Come? [View article]
The question is which market... Dow keeps going up, emerging markets crumble. Interesting "decoupling". I think something is not right, but I'm not sure what it is.
I am 50% cash, apart from gold, gold junior stocks, agri commodities, and Japanese equities.
Beware Safe Haven Trades: Treasuries and the Dollar About to Collapse? [View article]
As a side note, I don't think TBT is the right choice to indirectly short the 20+ year bond. It inherently decays for reasons well known. A better deal is to short UBT (ProShares Ultra 20+ Treasury) to capture the decay AND the Treasury bear. Or perhaps buy LEAP puts on TLT.
The Treasury sells $24B in 10-year notes at 3.665% (.pdf). Bid-to-cover ratio of 3.23, vs. a recent 2.87; indirect bidders take 71.3%, vs. a recent 44.4%. Direct bidders take 0.5%, vs. a recent 16.6%. [View news story]
Who cares about direct/indirect. It's all FED. Either via domestic banks, Caribbean banking centers, or the puppets at the BOE/ECB.
Indian Market Correction Offers a Buying Opportunity [View article]
How can there be such a difference between INDY and EPI?
us.ishares.com/product...
Russia: Best or Worst of the BRICs? [View article]
Indian Market Correction Offers a Buying Opportunity [View article]
Good call.
Indian Market Correction Offers a Buying Opportunity [View article]
online.wsj.com/public/...
India Stocks Continue to Slide [View article]
Has This Rally Only Just Begun? [View article]
Predictions like these are meaningless as long as a target for the dollar has not been named.
Sure the Dow could go to 30,000. But in that case I think the dollar index will be below 70.
ETF Update: From Russia With Oil [View article]
Chart Review: TIP, TBT, EWZ [View article]
Gold: A Bad Investment and Getting Worse, Part II [View article]
Cracks Appear in World Equity Markets: A Taste of Things to Come? [View article]
1) 20+ year bear market, longest in history
2) Unloved, Ignored, zero mainstream media coverage (except negative)
3) Decent valuations
4) Strong corporate ethics
5) High quality goods and services
6) Overvalued bond market
7) ...
Gold: A Bad Investment and Getting Worse, Part II [View article]
what would make you change your mind regarding gold?
Cracks Appear in World Equity Markets: A Taste of Things to Come? [View article]
Dow keeps going up, emerging markets crumble. Interesting "decoupling". I think something is not right, but I'm not sure what it is.
I am 50% cash, apart from gold, gold junior stocks, agri commodities, and Japanese equities.
Beware Safe Haven Trades: Treasuries and the Dollar About to Collapse? [View article]
A better deal is to short UBT (ProShares Ultra 20+ Treasury) to capture the decay AND the Treasury bear. Or perhaps buy LEAP puts on TLT.
Beware Safe Haven Trades: Treasuries and the Dollar About to Collapse? [View article]
The Treasury sells $24B in 10-year notes at 3.665% (.pdf). Bid-to-cover ratio of 3.23, vs. a recent 2.87; indirect bidders take 71.3%, vs. a recent 44.4%. Direct bidders take 0.5%, vs. a recent 16.6%. [View news story]