cma

Friday Roundup: Commodities, Emerging Markets

David refers to his use of TBT. But numerous commentators have said taht all the inverse and/or leveraged ETFs use swaps so that there is serious erosion against the benchmark over even a short time, i.e., like holding long out-of-the-money options (calls or puts).
I would appreciate David's comment on this with regard to TBT of periods in excess of a month.

Friday Outlook: Commodities, Global Markets

David, you sometimes post the Demark chart, which is great, since no one else does, but we need the interpretation, please!

Thursday Outlook: Commodities, Emerging Markets

Who is the constantly mentioned "Chucky"?

Tuesday Outlook: Commodities, Global Markets

David bought XLU and DIA today with the markets up 2.46% from the lows. Trend-following has somehting to say for it as a strategy, but when you miss 25% of a move, that undercuts the entire philosophy: 5-10% late, yes, but not 25%, since you may miss almost the entire move that way.

Tuesday Outlook: Commodities, Emerging Markets

Notice that Fry tends to do his update after big down days, not after big up days, to reinforce his broken-record bearish view. His cash book is warping his analytical view.

Tuesday Outlook: Commodities, Emerging Markets

Fry is nowa broken record on the equity markets, letting his cash position turn him inflexibly bearish. He missed the bottom and mistakenly downplays Marty Zweig's research which showed that if you have two 9:1 up volume/down volume days within a 30 day period, you have very high odds of a major stock market bottom.
We have now had 3 such days: 10/28, 11/13 and 11/24.
Fry is getting sloppy and losing his objectivity.