The Smart Money Will Be Selling Into Wednesday's Rally [View article]
Look at the last couple of market tops on the SPX, not the exact highest point but the 2 or 3 weeks after the very top. Plenty of time to get out. Search Google for " what a stock market top looks like" or "how to recognize a stock market top" because this is not what it looks like. Topping is a process not a one day event. If you get out now, you might get lucky but you might miss significant upside. Be patient. I have never regretted selling late, but have often regretted selling early. Rich
Eric, Great article. Once QE ends, how long do you think the effects will last? Do you expect deflation sometime after the end of QE? I imagine gold will drop in price once QE ends. Thanks Rich
Kindle Fire Demand Is Weaker Than Amazon Wants You To Think [View article]
With an IPAD you can read Apple, Nook or Kindle book formats. Even my 80 year old mother has decided to buy an IPAD. The IPAD is an expensive toy, but they are handy to have.
If you are in the 50 plus age group, a bigger screen is better. Seems that retiring boomers have more money. Also, I find Windows 8 frustrating from a work perspective. Still betting on Apple. Rich
Employment Data Could Ramp Up The Odds For Quantitative Easing [View article]
More QE at this point will lead to even higher gas prices and US consumers will be further weakened. Just looking at gas futures and the trajectory of wholesale gas, we are on the way to $4.50/gal by 1 Nov with more QE. I don't think this will help the President's reelection prospects.
ECB Must Implement Massive QE As Lesser Of Two Evils [View article]
The ECB will buy Spanish and Italian Bonds or provide money to banks to buy the bonds. Either they buy bonds or Spain and Italy will need a bail out and that is not affordable. May be lots of friction before we get to the answer, but the ECB has no choice. Not sure this is much of solution, but in the short term the markets will soar.
U.S. Stock Market Complacency On Verge Of Collapse [View article]
James I love your articles and I love reading ZeroHedge, but I am not sure they contain usable investing information. Out of fear, I got back into the market too late after the crash and took profits too early. I am a little smarter now and invest smaller amounts with a clear set of rules. I take profits often. With all the CB money sloshing around in the market, it is not predictable, but with investing rules you can stay in the game until the big role over, which could be this Monday or a year from Monday or never. I rode today's drop down because it was inside of my defined risk tolerance. By Tuesday, I may be out of the market and riding it down may not look too smart. On the other hand, short seller covering will likely prevent significant loses. Best of Luck to you.
If I were European leaders, I would promise Greece anything and buy Spanish and Italian Bonds to drive down bond prices in the short term. In the intermediate term, I would print euros. I am not sure there is a good long term plan if the first 2 fail to stimulate growth.
To QE Or Not To QE, That Is The Question [View article]
The economy is still growing so why QE3? So what if equities fall--oil will just fall with them and lower cost gasoline will be better for the economy that high stock prices. Maybe QE if oil drops to $80 and the we see a rash of negative economic indicators.
Spain: 2 Recent Developments With Long-Term Consequences [View article]
There might be one bad bond auction, but the ECB will step in and buy Spanish bonds. Expect the ECB to move from pro austerity to pro growth in the near future. I would also expect a very large liquidity infusion into a number of EU countries over the next few months with an associated positive impact on equities.
3 Signs The Market Rally Will Likely Continue Next Week [View article]
With the market up as high as it is, hard to believe that investors won't take their profits and step to the sidelines once earnings season ends or Europe flares up again.
The Smart Money Will Be Selling Into Wednesday's Rally [View article]
The Smart Money Will Be Selling Into Wednesday's Rally [View article]
The Latest Game Changer For Stocks [View article]
A Global Tactical Asset Allocation Model [View article]
Kindle Fire Demand Is Weaker Than Amazon Wants You To Think [View article]
Apple's Decline: Thanks, iPad Mini [View article]
Employment Data Could Ramp Up The Odds For Quantitative Easing [View article]
ECB Must Implement Massive QE As Lesser Of Two Evils [View article]
U.S. Stock Market Complacency On Verge Of Collapse [View article]
Ben's Comments About More Easing [View article]
The Calm Before The Storm [View article]
To QE Or Not To QE, That Is The Question [View article]
Spain: 2 Recent Developments With Long-Term Consequences [View article]
3 Signs The Market Rally Will Likely Continue Next Week [View article]
Where The Market Is Headed From Here [View article]