Market And Investing Wisdoms
- Written by Lance Roberts | Friday, February 22, 2013
I recently penned an article entitle "Visualizing Bob Farrell's 10 Investment Rules" which covered some of the very basic primers of money management and being a successful investor over the long term. However, Bob Farrell is only one of the many truly great investors of our time from which we can learn. What you will find interesting is that not one of them promote "buy and hold" investing for the long term - probably because in reality it doesn't work.
12 Market Wisdoms From Gerald Loeb
1. The most important single factor in shaping security markets is public psychology.
2. To make money in the stock market you either have to be ahead of the crowd or very sure they are going in the same direction for some time to come.
3. Accepting losses is the most important single investment device to insure safety of capital.
4. The difference between the investor who year in and year out procures for himself a final net profit, and the one who is usually in the red, is not entirely a question of superior selection of stocks or superior timing. Rather, it is also a case of knowing how to capitalize successes and curtail failures.
5. One useful fact to remember is that the most important indications are made in the early stages of a broad market move. Nine times out of ten the leaders of an advance are the stocks that make new highs ahead of the averages.
6. There is a saying, "A picture is worth a thousand words." One might paraphrase this by saying a profit is worth more than endless alibis or explanations. . . prices and trends are really the best and simplest "indicators" you can find.
7. Profits can be made safely only when the opportunity is available and not just because they happen to be desired or needed.
8. Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to success in the battle for investment survival.-
9. In addition to many other contributing factors of inflation or deflation, a very great factor is the psychological. The fact that people think prices are going to advance or decline very much contributes to their movement, and the very momentum of the trend itself tends to perpetuate itself.
10. Most people, especially investors, try to get a certain percentage return, and actually secure a minus yield when properly calculated over the years. Speculators risk less and have a better chance of getting something, in my opinion.
11. I feel all relevant factors, important and otherwise, are registered in the market's behavior, and, in addition, the action of the market itself can be expected under most circumstances to stimulate buying or selling in a manner consistent enough to allow reasonably accurate forecasting of news in advance of its actual occurrence.
12. You don't need analysts in a bull market, and you don't want them in a bear market
Jesse Livermore's Trading Rules Written in 1940
1. Nothing new ever occurs in the business of speculating or investing in securities and commodities.
2. Money cannot consistently be made trading every day or every week during the year.
3. Don't trust your own opinion and back your judgment until the action of the market itself confirms your opinion.
4. Markets are never wrong – opinions often are.
5. The real money made in speculating has been in commitments showing in profit right from the start.
6. At long as a stock is acting right, and the market is right, do not be in a hurry to take profits.
7. One should never permit speculative ventures to run into investments.
8. The money lost by speculation alone is small compared with the gigantic sums lost by so-called investors who have let their investments ride.
9. Never buy a stock because it has had a big decline from its previous high.
10. Never sell a stock because it seems high-priced.
11. I become a buyer as soon as a stock makes a new high on its movement after having had a normal reaction.
12. Never average losses.
13. The human side of every person is the greatest enemy of the average investor or speculator.
14. Wishful thinking must be banished.
15. Big movements take time to develop.
16. It is not good to be too curious about all the reasons behind price movements.
17. It is much easier to watch a few than many.
18. If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole.
19. The leaders of today may not be the leaders of two years from now.
20. Do not become completely bearish or bullish on the whole market because one stock in some particular group has plainly reversed its course from the general trend.
21. Few people ever make money on tips. Beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket.
Dennis Gartman's Trading Rules
1. Never, under any circumstance add to a losing position.... ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin!
2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand.
3. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital.
4. The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is "low." Nor can we know what price is "high." Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed "cheap" many times along the way.
5. In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many.
6. "Markets can remain illogical longer than you or I can remain solvent," according to our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormously inefficient despite what the academics believe.
7. Sell markets that show the greatest weakness, and buy those that show the greatest strength. Metaphorically, when bearish, throw your rocks into the wettest paper sack, for they break most readily. In bull markets, we need to ride upon the strongest winds... they shall carry us higher than shall lesser ones.
8. Try to trade the first day of a gap, for gaps usually indicate violent new action. We have come to respect "gaps" in our nearly thirty years of watching markets; when they happen (especially in stocks) they are usually very important.
9. Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In "good times," even errors are profitable; in "bad times" even the most well researched trades go awry. This is the nature of trading; accept it.
10. To trade successfully, think like a fundamentalist; trade like a technician. It is imperative that we understand the fundamentals driving a trade, but also that we understand the market's technicals. When we do, then, and only then, can we or should we, trade.
11. Respect "outside reversals" after extended bull or bear runs. Reversal days on the charts signal the final exhaustion of the bullish or bearish forces that drove the market previously. Respect them, and respect even more "weekly" and "monthly," reversals.
12. Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.
13. Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen... just as we are about to give up hope that they shall not.
14. An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights.
15. Establish initial positions on strength in bull markets and on weakness in bear markets. The first "addition" should also be added on strength as the market shows the trend to be working. Henceforth, subsequent additions are to be added on retracements.
16. Bear markets are more violent than are bull markets and so also are their retracements.
17. Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are "right" only 30% of the time, as long as our losses are small and our profits are large.
18. The market is the sum total of the wisdom ... and the ignorance...of all of those who deal in it; and we dare not argue with the market's wisdom. If we learn nothing more than this we've learned much indeed.
19. Do more of that which is working and less of that which is not: If a market is strong, buy more; if a market is weak, sell more. New highs are to be bought; new lows sold.
20. The hard trade is the right trade: If it is easy to sell, don't; and if it is easy to buy, don't. Do the trade that is hard to do and that which the crowd finds objectionable. Peter Steidelmeyer taught us this twenty five years ago and it holds truer now than then.
21. There is never one cockroach! This is the "winning" new rule submitted by our friend, Tom Powell.
22. All rules are meant to be broken: The trick is knowing when... and how infrequently this rule may be invoked!
Bernanrd Baruch's 10 Investing Rules
1. Don't speculate unless you can make it a full-time job.
2. Beware of barbers, beauticians, waiters — of anyone — bringing gifts of "inside" information or "tips."
3. Before you buy a security, find out everything you can about the company, its management and competitors, its earnings and possibilities for growth.
4. Don't try to buy at the bottom and sell at the top. This can't be done — except by liars.
5. Learn how to take your losses quickly and cleanly. Don't expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
6. Don't buy too many different securities. Better have only a few investments which can be watched.
7. Make a periodic reappraisal of all your investments to see whether changing developments have altered their prospects.
8. Study your tax position to know when you can sell to greatest advantage.
9. Always keep a good part of your capital in a cash reserve. Never invest all your funds.
10. Don't try to be a jack of all investments. Stick to the field you know best.
James P. Arthur Huprich's Market Trusms And Axioms
1. Commandment #1: "Thou Shall Not Trade Against the Trend."
2. Portfolios heavy with underperforming stocks rarely outperform the stock market!
3. There is nothing new on Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again, mostly due to human nature.
4. Sell when you can, not when you have to.
5. Bulls make money, bears make money, and "pigs" get slaughtered.
6. We can't control the stock market. The very best we can do is to try to understand what the stock market is trying to tell us.
7. Understanding mass psychology is just as important as understanding fundamentals and economics.
8. Learn to take losses quickly, don't expect to be right all the time, and learn from your mistakes.
9. Don't think you can consistently buy at the bottom or sell at the top. This can rarely be consistently done.
10. When trading, remain objective. Don't have a preconceived idea or prejudice. Said another way, "the great names in Trading all have the same trait: An ability to shift on a dime when the shifting time comes."
11. Any dead fish can go with the flow. Yet, it takes a strong fish to swim against the flow. In other words, what seems "hard" at the time is usually, over time, right.
12. Even the best looking chart can fall apart for no apparent reason. Thus, never fall in love with a position but instead remain vigilant in managing risk and expectations. Use volume as a confirming guidepost.
13. When trading, if a stock doesn't perform as expected within a short time period, either close it out or tighten your stop-loss point.
14. As long as a stock is acting right and the market is "in-gear," don't be in a hurry to take a profit on the whole positions. Scale out instead.
15. Never let a profitable trade turn into a loss, and never let an initial trading position turn into a long-term one because it is at a loss.
16. Don't buy a stock simply because it has had a big decline from its high and is now a "better value;" wait for the market to recognize "value" first.
17. Don't average trading losses, meaning don't put "good" money after "bad." Adding to a losing position will lead to ruin. Ask the Nobel Laureates of Long-Term Capital Management.
18. Human emotion is a big enemy of the average investor and trader. Be patient and unemotional. There are periods where traders don't need to trade.
19. Wishful thinking can be detrimental to your financial wealth.
20. Don't make investment or trading decisions based on tips. Tips are something you leave for good service.
21. Where there is smoke, there is fire, or there is never just one cockroach: In other words, bad news is usually not a one-time event, more usually follows.
22. Realize that a loss in the stock market is part of the investment process. The key is not letting it turn into a big one as this could devastate a portfolio.
23. Said another way, "It's not the ones that you sell that keep going up that matter. It's the one that you don't sell that keeps going down that does."
24. Your odds of success improve when you buy stocks when the technical pattern confirms the fundamental opinion.
25. As many participants have come to realize from 1999 to 2010, during which the S&P 500 has made no upside progress, you can lose money even in the "best companies" if your timing is wrong. Yet, if the technical pattern dictates, you can make money on a short-term basis even in stocks that have a "mixed" fundamental opinion.
26. To the best of your ability, try to keep your priorities in line. Don't let the "greed factor" that Wall Street can generate outweigh other just as important areas of your life. Balance the physical, mental, spiritual, relational, and financial needs of life.
27. Technical analysis is a windsock, not a crystal ball. It is a skill that improves with experience and study. Always be a student, there is always someone smarter than you!
James Montier's 7 Immutable Laws Of Investing
1. Always insist on a margin of safety
2. This time is never different
3. Be patient and wait for the fat pitch
4. Be contrarian
5. Risk is the permanent loss of capital, never a number
6. Be leery of leverage
7. Never invest in something you don't understand
I recently sat down with Gerri Willis at Fox Business News, along with Rick Sharga to discuss the economy and whether it is really JUST the weather that is dragging on the economic reports as of late...or is it something else?
This is a subject I have touched on recently stating:
"The recent "polar vortexes" have crippled much of the North and the North East with record low temperatures and severe weather and snow conditions. The economic impact of just the first polar vortex that hit in December is already calculated to be well above a $10 billion dollar hit to the economy. Surging electricity and heating costs are eating into real disposable incomes which is diverting consumption away from retailers. Inclement weather has shut down manufacturing activity and will crimp demand for employment and new orders as witnessed by the sharply reduced employment report in December and this week's ISM survey.
The chart below is the STA Economic Composite Index (for details on its construction read this) from January 2011 to present. As you can see, the trend of economic growth has clearly been on the decline rather than gaining strength as has been hoped by the majority of economists. I have also labeled events that have contributed to the rolling recoveries and slowdowns along the way."
Moreover, as I discuss in the interview below, the trend of consumer weakness, which makes up 70% of economic growth, has declined to levels that are more normally associated with very slow growth economies.
I also agree with Rick's views on the mortgage and housing market. See my latest housing updates below.
- Beware Of Long Term Investing Advice
- 30% Up Years: The Case For "Cashing In"
- Why Benchmarking Your Portfolio Is A Losing Bet
- 10 Investment Rules To Live By
- "Housing" - Is It Really Recovering?
- What Is A "Liquidity Trap" And Why Is Bernanke Caught In It?
- Reiterating Bond "Buy" - 35 Years Of History Confirms
- 4 Tools Of Corporate Profitability & The Economic Consequences
- Evaluating 3 Bullish Arguments
- The Great "American" Divide
- 5 Questions That Every Market Bull Should Answer
- The Fallacy Of The Fed Model
- Why You Can't Beat The Index
- Market And Investing Wisdoms
- Visualizing Bob Farrell's 10 Investing Rules
- 10 Immutable Laws Of Money
- The Next Secular Bull Market Is Still A Few Years Away
- 4 Keys To Successful Long Term Investing
- Thoughts On Long Term Investing
- 10 More Years Of Low Returns
- 5 Mistakes That Will Crush Your Retirement Dream
daily exchange archives
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- • 5 Things To Ponder: Reality Check
- • Quick Reversal In Investor Sentiment
- • Housing: Is It Really Just The Weather?
- • Chart Of The Day: Confidence & Retail Sale...
- • Revisiting Why Benchmarking Is A Bad Strate...
- • FBN Willis Report: Is It Really Just The W...
- • Chart Of The Day: S&P Tracing A Top?
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- • Is Housing Set To Lift Off?
- • 5 Things To Ponder: Sex, Money And The Car...
- • 5 Years Later - What Did The ARRA Achieve?
- • Bloomberg Interview: Saving For Retirement
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- • Answering A Question On Peak Employment
- • Complacency Rapidly Returns To The Market
- • Markets Push Resistance As Yellen Keeps Her...
- • NFIB: Confidence Improves, Obama Creates Un...
- • Have We Reached "Peak Employment"
- • 5 Things To Ponder: Market Correction Over...
- • Was 2009 A Generational Stock Market Low?
- • Putting The Market Mayhem Into Perspective
- • Mother Nature Blocks Economic Run
- • Markets Oversold Enough For A Bounce
- ► January (24)
- • MoneyLife Interview With Chuck Jaffe On "My...
- • Is The Correction Over? Looking For Clues
- • MyRA's: A Few Bullet Points
- • Where Does This Market Rally Rank?
- • 5 Things To Ponder: Random Thoughts Editio...
- • Margin Debt Surges In December
- • The 2014 State Of The Union
- • Market Rout Shows First Signs Of "Panic".
- • 5 Things To Ponder: Valuations, Triggers &...
- • CFNAI: Was It " A Summer Of Recovery" Just ...
- • Chart Of The Day: JOLT Quit/Discharge Rati...
- • Corporate Profits & Income Inequality
- • Past Is Prologue: Repeating The Secular Bea...
- • An Update On The Housing Recovery
- • NFIB/Gallup - Government Is The Problem
- • The Coming Market Meltup And 2016 Recession
- • 5 Things To Ponder: Beer Goggles, Fires An...
- • The Only Employment Chart That Matters
- • Market Bulls Should Consider These Charts
- • Fox Business: End Of QE / Summer Correctio...
- • A Quick Look At Retail Sales
- • Will Corporate Spending Float The Economy i...
- • 5 Things To Ponder: Markets, Valuations & I...
- • 5 Things To Ponder: The "2014 New Year's" E...
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- • Correcting Some Misconceptions About A New ...
- • 5 Things To Ponder This Weekend: "It's A Wr...
- • 3 Things To Ponder Over Christmas
- • Will The Consumer Rise In 2014?
- • 5 Things To Ponder: The Taper Edition
- • Fed's Economic Projections - Myth Vs. Reali...
- • Do Stocks Offer Protection From Rising Rate...
- • 2014 A Bull Year? Of Course...But Maybe...
- • Fox Business: Is The Rush To IPO A Warning...
- • Is The Consumer Slowing Down?
- • NFIB - Not Much Holiday Cheer
- • Is The Deficit Reduction Just A Mirage
- • 5 Things To Ponder This Weekend - The Risk ...
- • Woodhill's Formula For Prosperity
- • 6 Things To Ponder: Bulls, Bears, Valuation...
- • ISM Survey Being Driven By Inventory Restoc...
- • ADP Report Points To A 193k BLS Employment ...
- • Asymmetrical Bubbles
- • 10 Lessons To Learn From Poker
- • Low Labor Force Participation Is Not Due To...
- • QE Deflationary? No Kidding!
- ► November (23)
- • 5 Things To Ponder Over Thanksgiving
- • 3 Myth's About Rising Interest Rates
- • 30% Up Years: The Case For "Cashing In"
- • 5 Things To Ponder This Weekend:
- • QE's Economic Miss & Future Valuation Overs...
- • Bernanke/Yellen To Drive Stocks 30% Higher
- • Employment Data Faked For Political Gain
- • Analyzing Earnings As Of Q3 2013
- • Summers' IMF Presentation States Nothing Ne...
- • 6 Things To Ponder This Weekend: Market Bub...
- • Yellen Promises More. Evidence Suggests Le...
- • Too Much Bubble Talk
- • Confessions Of A Quantitative Easer
- • NFIB: Optimism Fades
- • The Market In Pictures
- • Q3 GDP - An Inventory Restocking Story
- • LEI - The Fed May Be Skewing The Data
- • 5+1 Things To Ponder This Weekend (11/08/13...
- • Why The Fed Likely Won't Taper...Anytime So...
- • White Paper: Bond Strategies For A Rising ...
- • Economy In Pictures (Update: 11/4/13)
- • 4 Things To Ponder This Weekend (11/1/13)
- • No Joe, There Is Nothing Weird With Jobs Da...
- ► October (28)
- • Using ADP To Estimate 153k In October BLS R...
- • Larry Summers Admits The Fed Is In A Liquid...
- • Retail Sales Sluggish As ACA Approaches
- • Op Ed: Fed Should Get Out Of The Market's W...
- • The "Party Conversation" Indicator
- • 4 Things To Ponder This Weekend (10/25/13)
- • Chart(s) Of The Day: Is A Major Correction ...
- • Are We Entering The 3rd Stage Of The Bull M...
- • Updating The ADP/BLS Estimation Model
- • Fox26: Debt Ceiling Over - Stocks Set To Ri...
- • "Dow 20,000" - A Discussion With Gordon Lon...
- • Some Thoughts On Debts, Deficits & Economic...
- • 4 Things To Ponder This Weekend
- • The Most Dangerous Line Uttered During The ...
- • Market Update: Stocks Surge As Expected On...
- • Retail Sales Slow As Shopping Season Heats ...
- • 5 Things To Ponder This Week
- • The Long Game Of Hiking The Debt Ceiling
- • Stocks Surge As Expected On A "Deal"
- • Yellen, The Fed & The Debt Ceiling Debate
- • Market Update: Stocks Stumble To Support
- • NFIB: Processing Error Removes Optimism
- • 4 Things To Ponder About The Shut Down/Debt...
- • Market Update: Stocks Stumble On Default C...
- • The Rising Risks To The Markets
- • Surveys Vs. Data - Employment Estimate 160k
- • ObamaCare vs. Affordable Care Act
- • Gov't Shuts Down - Markets Rally?
- ► September (24)
- • Fox Business: Time To Take Profits
- • CNBC - Debt Ceiling & Risk To The Markets
- • Historical Performance During Government Sh...
- • 6 Things To Ponder This Weekend (9/27/13)
- • 10 Reasons The Market Will (Or Won't) Crash
- • Has The Fed Lost All Control?
- • No Strategy Works All The Time
- • Investment Learning From The Law
- • 6 Things To Ponder This Weekend
- • Fed's Economic Projections - Myth Vs. Reali...
- • The Real Reason For "No Taper"
- • "No Taper" = Market Surge As Shorts Run For...
- • Could Stocks Be Ready To Melt Up?
- • Eurozone Recovery Fades - Will The U.S. Fol...
- • Yellen In, Syria Done, 8 Risks That Remain
- • Why Benchmarking Your Portfolio Is A Losing...
- • The Rise Of The Welfare State
- • NFIB: "Small Business Going Nowhere"
- • Commercial Lending Suggests Weaker Employme...
- • The Only Chart Of Employment That Matters
- • Analyzing Earnings As Of Q2 2013
- • Fox Business: Markets In Correction Mode
- • You Can't Time The Market?
- • Q.E. - The #1 Threat To The Economy
- ► August (24)
- • Corporate Profits & What Siegel Is Missing
- • 2nd Q GDP: A Good News/Bad News Story
- • COTD: Earnings & Profits Per Share Suggest...
- • Deep Thoughts From Howard Marks
- • A History Of Real GDP & Population Growth
- • COTD: The Long View On Interest Rates
- • Long Term Stock Returns Depends On When You...
- • Is Unemployment About To Spike Higher?
- • Is The U.S. In A Recession? Interview With...
- • STA Risk Ratio Gives Warning Signal
- • CFNAI: Updating The Most Important Economic...
- • Will Rising Rates Kill The Stock Market?
- • Cramer's Miss On The Corporate/Economic Rel...
- • Inflation Composite Not Suggesting Stronger...
- • The Fed "Taper" And Market Direction
- • NFIB "Making Lemonade"
- • Are We Re-Tracing A Market Peak?
- • 10 Investment Rules To Live By
- • Ray Dalio: Eurocrisis Ain't Over
- • If Housing Is Booming - Why Do We Need Anot...
- • Why Is The "Smart Money" Selling?
- • July Records Biggest Inflows...Into Cash?
- • Why The Unemployment Rate Is Irrelevant
- • Revisions To PCE May Dash Fed's Hopes
- ► July (23)
- • Post-GDP Revisions Reveals Weaker Economy
- • 3 Risks That Could Cause A Short Term Corre...
- • Is It "The Great Rotation" Or "Bad Behavior...
- • Obama's Economic Report Card
- • "Housing" - Is It Really Recovering?
- • CFNAI: Headline Disguises The Supply/Deman...
- • Is This A 2007 Redux?
- • Chart Of The Day: Coincident To Lagging Rat...
- • Rising Rates Squash Housing Recovery
- • Bernanke: The Only Game In Town
- • Something Amiss With Retail Sales Numbers
- • 16 Thoughts On Investing And Financial Safe...
- • What Is A "Liquidity Trap" And Why Is Berna...
- • Bernanke's Comments Reverses Recent Sell-Of...
- • NFIB: Some Good, Mostly Not
- • Reiterating Bond "Buy" - 35 Years Of Histor...
- • Consumer Adjusted Oil Prices Hit $120
- • Fox Business: Jobs Report & Where To Inves...
- • The Diminishing Effects Of QE Programs
- • 3 Reasons Why I Expect A Weak June Jobs Rep...
- • Net Bullish Sentiment Drops Sharply
- • Top 100 Most Valued Companies
- • Market Rally: Oversold Bounce In Downtrend
- ► June (28)
- • CPI vs. "Main Street" Inflation
- • Bonds & Stocks: Investors Continue To Make...
- • Personal Income & Spending: Improved But Tr...
- • "Code Blue" For GDP - Paging Dr. Bernanke
- • Economic Data Shows Improvement
- • Fox26: Market Correction & Fed
- • CFNAI: Improved But Still Weak
- • Earnings Season Set To Disappoint
- • 5 Reasons Why Now Is The Time To Buy Bonds
- • Initial "Sell Signal" Is In
- • Deflation: The Fed's Real Worry
- • Fed's Economic Projections - Myth Vs. Reali...
- • 3 Reasons Stocks May Stumble Despite Fed
- • 3-Pitfalls To Fed's Tapering
- • What Inflation Says About Bonds & The Fed
- • Empire Manufacturing Index: Do Not Look In...
- • Chart Of The Day: Interest Rates Vs. S&P 5...
- • The Economy In Pictures
- • Consumer Confidence Spurs Retail Sales
- • Fox 26: Digging Into The May Jobs Report
- • CNBC: My Take On Employment Data
- • Gallup: Consumer Spending Is Up - Retail Da...
- • NFIB: Optimism Improves But Don't Get Too E...
- • Is The Eurozone Crisis Set To Flare Up?
- • Employment - The Macro Trends
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- ► May (26)
- • 3 Reasons For Higher Market Highs
- • Consumer Confidence - Was It Really That Go...
- • Evaluating 3 Bullish Arguments
- • The Fed's Real Worry - A Pick Up In Deflati...
- • Japan - A Few Thoughts On The "Crash"
- • Chart Of The Day: Existing Home Sales
- • Bernanke's Link To "Mother Nature"
- • Five Lessons from Apple's Fall
- • Economic And Employment Composites Indicate...
- • The Great "American" Divide
- • Why Bonds Aren't Dead & The Dollar Will Get...
- • Chart Of The Day: S&P 500 Now At Extremes
- • Fed May Quietly Taper QE Before September
- • 5 Questions That Every Market Bull Should A...
- • Clues To Watch For The End Of QE "Infinity"
- • Should Companies "Twitter" Their Earnings
- • Fox 26: The Disconnect Between The Market ...
- • "Risk On" Rally - Don't Forget The Risk Par...
- • The "Labor Hoarding" Effect
- • Lacy Hunt: Cyclical Hurdles For A Highly Ov...
- • David Rosenberg - The Potemkin Rally
- • Mohamed El-Erian: Putting It All Together
- • A. Gary Shilling - Six Realities In An Age ...
- • Jeff Gundlach - Why Own Bonds At All
- • Niall Ferguson – The Great Degeneration
- • Economic Data Continues To Disappoint
- ► April (23)
- • March Spending Driven By Surge In Services
- • It's A Bit Early To Declare A Winner In The...
- • Durable Goods: Another Straw For The Camel
- • Economic Slowdown More Than A "Soft Patch"
- • Has Real Estate Sales Activity Peaked?
- • STA Economic & Employment Composites Paint ...
- • Random Observations & Rising Risks
- • Fox Business: Market & Investing Debate
- • Goldman Sachs: A Consumption Setback
- • More Evidence That The Economic Peak Is In
- • Gold Crash: What It's Not Telling Us
- • Video - The Potential Impact Of The Obama B...
- • Fox Business: Spring Cleaning Your Portfol...
- • Understanding The AMT
- • S&P 500: Recent Consolidation Allows Push H...
- • NFIB: No Sign Of Economic Improvement
- • What Do Interest Rates Tell Us About The Ec...
- • Economy In Pictures: Have We Seen The Peak?
- • Fox26 - March Unemployment Report
- • The Fallacy Of The Fed Model
- • Chart Of The Day: ISM Composite Index
- • Why You Can't Beat The Index
- • The Great Disconnect: Markets Vs. Economy
- ► March (19)
- • The 2012 Compendium Of Tax Filing Tips
- • Economic Data Shows Underlying Weakness
- • Fox26 - What Should Investors Be Doing Righ...
- • Chart Of The Day: Reality Vs Belief
- • Fed's Economic Projections - Myth Vs Realit...
- • Fox Business News - The Cyprus Effect
- • The Fed Has Already Imposed A "Cyprus Tax" ...
- • COTD: Risk Ratio Pushing Extremes
- • Fox Business News/Melissa Francis - Is Now ...
- • S&P Hits 1560 Target As Risks Rise
- • Digging Behind The February Retail Sales Re...
- • NFIB: "No Sign Of A Surge In Confidence"
- • The Real February Employment Report - In Pi...
- • What The Markets And Taylor Swift Have In C...
- • Chart Of The Day: Retiree's No Better Off T...
- • Dow At Highs - Buy, Sell or Hold?
- • The Dow - Not Really All Time Highs
- • There Is No Asset Bubble?
- • Personal Incomes & The Decline Of The Ameri...
- ► February (19)
- • Get Ready For The Run To All-Time Highs
- • The Real Story Behind The Bounce In Core Ca...
- • Housing, Confidence & Richmond Fed
- • Economic Recovery And The EOCI Index
- • LEI - Is There A Disconnect?
- • Market And Investing Wisdoms
- • Is It Time To Buy Gold? The Update
- • Visualizing Bob Farrell's 10 Investing Rule...
- • Global Recession Tugs At U.S. Economy
- • Chart Of The Day: The S&P 500 Wedge Tighten...
- • In Search Of The Economic Recovery
- • Sex, Lies And Money (Video)
- • Why You Should Own Bonds
- • 10 Immutable Laws Of Money
- • Chart Of The Day: Productivity Not Pointing...
- • Economic Indicators Not Reflecting Exuberan...
- • The Next Secular Bull Market Is Still A Few...
- • Fox26 - Stock Market Rally And Buying Tops
- • Seasonal Adjustments Are B.S. - I Can Handl...
- ► January (31)
- • Chart Of The Day: Incomes & The Cliff Effe...
- • Help Wanted Index Pointing To Employment Sl...
- • Was The Election Bought With Taxpayer Dolla...
- • GDP - Digging Into The "Unexpected" Decline
- • Market/Economy - A Few Observations
- • X-Factor Report 1/28/13 - Will The Market E...
- • Is The Consumer Really Deleveraging?
- • LEI - Revisions Show Slower Growth
- • The Visible Hand Of The Fed
- • Chart Of The Day: Economic Policy Uncertai...
- • Chart Of The Day: Richmond Fed Survey
- • The Real Housing Recovery Story
- • Pray The Bond Bubble Doesn't Pop
- • Charts Of The Day: The Economic Recovery S...
- • Bullish Optimism Beginning To Reach Extreme...
- • Getting Started With A Budget
- • Housing, CPI And Why I Only Have A Nickel L...
- • Economic Data - Mixed Bag Of Reports
- • What Are The Odds The Market Will End The Y...
- • Signs Of A Fed Driven Rally
- • Philly Fed Survey - 2012 Revisions Show Muc...
- • Why You Are Powerless Against The Governmen...
- • Consumer Credit - What Deleveraging?
- • NFIB - Higher Taxes Not Included
- • An Argument For The Debt Ceiling
- • Rise Above - Two Outcomes To Debt Ceiling D...
- • Interview W/ Congressman Brady on Fiscal Cl...
- • Heads Or Tails - The 2013 Coin Toss
- • Cliff Deal Charts - Just Charts
- • Cliff Resolved - Deficit Set To Explode
- • Senate "Cliff" Bill Unlikely To Pass House
- ► December (21)
- ► 2012 (282)
- ► December (19)
- • Fox Business - Investing Ahead Of FIscal Cl...
- • Interview With Baker-Patrick On Impact Of F...
- • Consumer Confidence Composite Turns Down
- • Chart Of The Day: Claims Not Translating I...
- • Chart Of The Day: Retail Sales & Excuses
- • "Sandy Effect" Boosts Economic Data
- • Economic Deluge Chart Book
- • Why Reported Inflation Seems Different Than...
- • Chart Of The Day: Sandy Weighs On Empire I...
- • Sandy Effect Pushes Production Higher
- • Fed Downgrades Economic Outlook
- • Trade Deficit - Recession Warning Ticks Up
- • NFIB: More About The Economy Than The Elect...
- • Client Brief: Dealing With Uncertainty
- • Have We Seen The Peak Of Employment?
- • Consumer Debt - Still A Long Way To Go.
- • ISM Composite - Back To Pre-Crash Levels
- • Thought Experiment: Why Obama Wants The Fis...
- • ISM - Outlook Declines
- ► November (23)
- • Personal Income And Spending Weigh On Econo...
- • Bill Ackman: The Basics Of Stock Market In...
- • Q3 GDP - The Devil Is In The Details
- • Housing Recovery: What Has Been Forgotten
- • The Definition Of Insanity: Republicans
- • CFNAI: Not Seeing The Growth Economists' Pr...
- • Chart Of The Day: LEI -- Leading To Laggin...
- • Be Careful Jumping On Bernanke's Bandwagon
- • Market Bounces Off Support - What Now?
- • Chart Of The Day: Decoupling Has Ended
- • Already Weak Manufacturing Impacted By Sand...
- • Retail Sales - You Can't Blame It All On Sa...
- • Personal Finance Seminar Presentation
- • NFIB - Pre-Election Hopes Of Romney Win
- • America Isn't The Greatest Country Anymore
- • "The Star Spangled Banner Is Stupid"
- • Net Export Prices And Wholesale Trade
- • Trade Deficit - Increase In Exports To Be S...
- • Post-Election Wrap Up: Economy and Investi...
- • The Next Four Years Won't Be As Good As The...
- • Recession Probability - 100%
- • ISM Composite, Employment & Black Helicopte...
- • Economic Data Flood - Weakness Behind The H...
- ► October (25)
- • Market Thoughts: Hurricane, Election & Fis...
- • Debt And Deficits - Killing Economic Prospe...
- • Personal Incomes Offset By Rise In Food & E...
- • GDP: The Warning From Exports
- • New Home Sales - Not As Strong As Headlines...
- • Chart Of The Day: Where Do Your Tax Dollars...
- • Richmond Fed Survey - More Evidence Of Weak...
- • Debt - Driving The Economy Since 1980
- • Reviewing Risk/Reward And Entry Targets
- • Chart Of The Day: LEI Coincident-To-Laggin...
- • Philly Fed Bounces - Internals Weaken
- • Housing Starts and Permits: Euphoria May B...
- • Market Rallies As Expected
- • Retail Sales - Not As Strong As Headlines S...
- • Chart Of The Day: JOLT Survey And The Peak ...
- • Trade Deficit - Recession Risks Increase
- • What Wholesale Trade Can Tell Us About 3Q E...
- • Fox Business - Bull/Bear Market Report
- • NFIB - Small Businesses Don't Agree With BL...
- • Unemployment 7.8% to 22% - Is There A Bette...
- • Why The Real Unemployment Rate Is 16.9%
- • Romney Got It Right On Jobs and Taxes
- • What Is The ADS And Why Is It Signaling A R...
- • 3 Major Risks To The 4th Quarter
- • Have Investors Really Missed Anything?
- ► September (25)
- • Second Recession Horseman Goes Down
- • GDP And Durable Goods - Heading To Recessio...
- • Market Sell Off Pushes Toward Support Level...
- • What To Expect From Post-Election Year Mark...
- • Economic Data Continues To Weaken
- • 4 Keys To Successful Long Term Investing
- • QE3 And Bernanke's Folly - Part II
- • Romney Should Be Fighting For The 47%
- • China: A Love-Hate Relationship
- • QE3 - Mortgage Rates And Housing
- • QE3 And Bernanke's Folly - Part I
- • Fed Announces QE - Initial Thoughts
- • Analyzing The ECRI Recession Call
- • Import Prices and Wholesale Trade - Weaknes...
- • Trade Deficit - Exports A Major Concern
- • NFIB - Good News Beneath The Surface
- • CNBC - The Fed, QE3 and Jobs
- • Employment Report - Worse Than It Looks
- • MarketWatch - 3 Factors Deciding The Next P...
- • ECB - A Program To Nowhere
- • When Good Employment News Is Really Bad New...
- • Draghi To Announce Sterilized Bond Purchase...
- • Productivity Increases And The Employment C...
- • ISM and Construction Spending Show Weakness
- • Stage For EuroCrisis Resurgence Being Set
- ► August (30)
- • The Incredible Lightness Of "Hope"
- • PCE - A Tale Of The Consumer
- • Q2 GDP - Nothing Good Happening Here
- • QE3 Mechanism Is Broken
- • Investing For The Next Recession
- • Pigeons At The Table
- • Durable Goods And New Home Sales
- • Monday Reading List
- • Is It Time To Buy Gold?
- • Chart Of The Day: Confidence Waning
- • To The Contrary - QE-3 Is Not Coming Soon
- • Three Things That Will Influence The Electi...
- • No Recession Now - But When?
- • Do You Feel Lucky? Well Do Ya?
- • The Monday Morning Reading List
- • Thoughts On The Market
- • Chasing Yield Can Be Hazardous To Your Reti...
- • Gold, Dollar & Rates Say No QE
- • NFIB - Dear Administration, Are You Listeni...
- • Everything Needs To Go Right
- • End Of Week Economic Data Roundup
- • Want More Tax Revenue? Increase Jobs Not R...
- • Market "Hope" Rally Overbought
- • Are Investors Really That Bearish?
- • Chart Of The Day: Follow The Money
- • Bullish Data Says No Q.E. Coming
- • BLS - Jobs Increase As Businesses Cut
- • Fed And ECB - No Action As Expected
- • CBNC - ECB and Knight Trading Glitch
- • Economic Reports Confirm Deterioration
- ► July (20)
- • Consumer Spending Points To Weaker Employme...
- • FOMC, ECB and Jobs - A Trifecta Of Potentia...
- • 2nd Quarter GDP - Weaker In All The Wrong P...
- • ECB Spurs Short Covering Rally
- • Major Sell Signal Triggered
- • Richmond Fed - Recession Risks Increase
- • CFNAI And Market Update
- • Thoughts On Long Term Investing
- • LEI, Philly Fed, Housing And The 100 Days O...
- • Corporate Profits Surge At Expense Of Worke...
- • Markets Have Trapped Fed On QE3
- • Will QE 3 Save Us From Recession
- • Consumers Flash Warning Signal
- • Import-Export Prices And Jobless Claims
- • Trade and Mortgage Data - More Evidence Of ...
- • NFIB Weakness And Recession Risks
- • Looking At The Economic Forest
- • Homes: The Case Of M2V And The Elusive Reco...
- • Coming This Fall - The Best Time To Invest
- • Euro Crisis: 366 Days Later
- ► June (25)
- • Consumer Spending Leads To Lower Q2 GDP
- • Q1 GDP - Consumer Weaker As Weather Saves T...
- • Durable Goods - Highly Volatile But Trend T...
- • June Rally Complete - Summer Sell Off Ahead...
- • The Fed And Goldilocks Economic Forecasting
- • Negative Economic Trends Clearing Way For Q...
- • CHART OF THE DAY: Fed Lowers Economic Outl...
- • No Q.E. As Expected - "Twist" Extended
- • No QE3 Tomorrow - Replay Of 2011 Continues
- • CHART OF THE DAY: JOLT Survey And Peak Emp...
- • Have A State Pension? Don't Count On It.
- • Inflation, Dollar And Interest Rates Open D...
- • Retail Sales In Decline
- • Deflationary Presssures Rising - PPI
- • CHART OF THE DAY: Negative Net Export Pric...
- • NFIB - Shows Flaws In Current Policy Mix
- • Why Spain's Bailout May Spell The End Of Th...
- • Trade - A Wholesale And Int'l Disappointmen...
- • Risks To The Market Rebound
- • Forecasting The Rebound And Bottom
- • St. Bernanke's Fight Against The Deflation ...
- • CHART OF THE DAY: US Best Place To Invest
- • ISM Composite - Economic Weakness Returns
- • TheStreet.Com - Gold Run Not Over
- • The Lie That Is Social Security
- ► May (27)
- • Yahoo! Summer Portfolio Management Ideas
- • Yahoo! Low Interest Rates Hurts Economy
- • Fox Business - Tending Your Portfolio
- • CNBC - Eurozone Slowdown Will Impact US
- • Housing Recovery - Hope and Reality
- • Interview - Southwest Airlines, Facebook an...
- • Durable Goods Disappointing
- • 4-Issues For The Market Ahead
- • Richmond Fed Showing More Weakness
- • Sell Signal Confirmed - Initial Targets Set
- • Risk Ratio Indicating More Correction Comin...
- • Confirmed "Sell Signal" Approaches
- • Industrial Production And The Recovery
- • Composite Inflation Index Declines
- • Real Retail Sales Under Pressure
- • Sex, Money and Largesse - The Hidden Depres...
- • Trade Defict - Confirming Weaker Q1 GDP
- • The Clock Is Ticking On The Next Eurozone C...
- • Initial Sell Signal In - Confirmation Is Li...
- • NFIB - Optimistic But Still At Recessionary...
- • Economic Trends Don't Paint A Robust Pictur...
- • Strategic Investment Conference - Dr. Lacy ...
- • Strategic Investment Conference - David Ros...
- • Strategic Investment Conference - Dr. Woody...
- • Strategic Investment Conference - Niall Fer...
- • 3 Likely Triggers Of The Next Recession
- • ISM Report Bucking The Trend
- ► April (19)
- • The "Consumption Dysfunction" Continues
- • Q1 GDP - Weaker Than Expected
- • Social Security Has A Real Problem - Employ...
- • Decline In Durable Goods Indicative Of Broa...
- • Impatience Will Lead To Our Demise
- • Market Cracks Support - Correction Gets Ser...
- • LEI - Slower Growth Of The Growth Update
- • Philly Fed Points To Weaker Profits Ahead
- • Mother Nature's Bail Out Coming To An End
- • 10 More Years Of Low Returns
- • 5 Mistakes That Will Crush Your Retirement ...
- • Earnings Likely To Be "Better Than Expected...
- • Market Hits Support - Now What?
- • The Return Of Economic Weakness
- • The Correction Has Started
- • The "Real" Employment Report - March 2012
- • Now The Media Is Hooked On QE Crack
- • Wave 5 Of The Cyclical Bull Market
- • CHART OF THE DAY: Signs Of Recovery?
- ► March (24)
- • The Consumption Dysfunction
- • WTF! Chart Of The Day
- • An Update On Margin Debt
- • Hyperinflation Isn't A Threat
- • Surprise! Jobs Drive Consumer Confidence
- • Death Of The Gold Bull Market?
- • Housing And The Elusive Recovery
- • LEI - Slower Growth Of The Growth
- • The Long Road Ahead
- • The "Fly" In Ryan's Budget Ointment
- • 1.8 Million Jobs Lost In 2012
- • Why 4% GDP Will Remain Elusive
- • The Stretching Of Limits
- • Rising Costs And Profit Margins
- • Retail Sales - A Lot About Weather
- • Correction: There Has Been No Correction
- • CHART OF THE DAY: Ceridian-UCLA PCI
- • NFIB - Index Up But Internals Weaken
- • Employment Report And The Market
- • Is The Investing Game Rigged?
- • OIl Prices Will Hurt The Consumer
- • Has The Correction Started?
- • The Immediacy Trap
- • 1st Quarter GDP To Be Much Weaker
- ► February (22)
- • Oil Prices WILL Slow The Economy (Revised)
- • Don't Feed The Animals
- • The Housing Recovery In One Index
- • Consumer Sentiment Responds To Market Rally
- • The Straw That Potentially Breaks The Camel...
- • Media Headlines Will Lead You To Ruin
- • Philly Fed Future Activity Points To Weakne...
- • Housing Headlines Improve - Reality Doesn't
- • The "Real" American Dream
- • Industrial Production - The Revival May Hav...
- • Consumer Confidence Has Everything To Do Wi...
- • NFIB - Optimistic But Still In The Foxhole
- • Financial Stress Composite Rising
- • Trade Data Trends Signal Weakness Ahead
- • Consumer Credit And The American Conundrum
- • Is Now The Time To Jump In?
- • Gold - The Technical Rundown
- • Bringing The NILF Mystery To Light
- • Gallop Points To Weaker Employment Report T...
- • Earning Less - Why The Poor Get Poorer
- • ISM - Misses Expectations
- • ADP Signals Weak Job Report Friday
- ► January (23)
- • Chicago ISM - Has The Recovery Peaked?
- • Home Prices Fall Further
- • PCE Points To Weaker GDP Ahead
- • Q4 GDP - "Prognosis Still Negative"
- • Fed Meeting - Reconciling A Weak Economy
- • Why Home Prices Have Much Further To Fall
- • IMF Cuts Global Forecast - US Won't Dodge T...
- • Complacency Risk Is High
- • Prices Paid And Coming Earnings Weakness
- • Housing Is Not Affordable
- • Industrial Production Confirming Changes To...
- • Patiently Waiting For The Golden Cross
- • Consumer Sentiment Rises - Still In Recessi...
- • Why QE3 Won't Help "Average Joe"
- • Industrial Production May Be About To Weake...
- • Consumer Spending May Dissapoint
- • NFIB - Small Businesses More Optimistic
- • Markets Throw Off A Buy Signal
- • The Real Employment Situation Report For De...
- • Improvement In Employment - At Least For No...
- • Markets Getting Over Bought / Over Bullish
- • Market Rallies To Resistance - Now What?
- • ISM & Construction Spending - Modest Improv...
- ► December (19)
- ► 2011 (277)
- ► December (22)
- • 2012 Outlook - Anything Other Than The Apoc...
- • Q3 GDP - "Prognosis Negative"
- • The Eurozone Is Saved?
- • Market Rally To Nowhere
- • Housing Starts Up - Patient Still Critical
- • NAHB Housing Market Index
- • A Little Followed Indicator Hints At Recess...
- • Inflation Pressures Rising In The Core
- • Economic Deluge - Economy Shows Some Positi...
- • Is The Gold Run Over?
- • Import Prices Jump - Recession Odds Increas...
- • NFIB - Bounce Off The Bottom
- • No Holiday Cheer In Retail Sales
- • A Million Dollars Ain't What It Used To Be
- • STA RIsk Ratio Turns Up - We've Seen This B...
- • Consumer Sentiment Ticks Up
- • What Are Initial Claims Not Telling Us?
- • Is Consumer Spending Really Surging?
- • Could Gasoline Prices Trigger A Recession
- • Market Rallies Into EU Meeting
- • ISM Composite Index Ticks Up
- • The Real Employment Situation Report
- ► November (29)
- • Economic Data - Headlines Bullish
- • Markets Surge As World Engages In Global Ba...
- • Was That The Consumer's Last Gasp?
- • Housing - The Margin Effect
- • Economic "Run Down" - Weakness Emerges
- • GDP - Revised Down
- • Is Market Warning Of The Next Lehman Event?
- • EOCI Index Improves - Is It All Clear?
- • Philly Fed Survey - Predicting A Peak In Ea...
- • US Debt To GDP Now 98.9% And Rising
- • Inflation - A Continued Problem For Consume...
- • Economy Shows Tenative Signs Of Improvement
- • Debate - Is US Becoming Japan
- • Presidential And Decennial Cycles - What Ab...
- • Consumer Sentiment Driven By Market Rally
- • Net Export Prices Turn Down
- • What "Average Joe" Really Thinks
- • Blood Bath As Italy Faces Crisis
- • Are Oil Prices Confirming ECRI Recession Ca...
- • Oil Price Spike Update
- • No Joy In NFIB Report
- • Market Vs Economic Cycles And Sector Rotati...
- • Employment - The Good, Bad & Ugly
- • ISM Non-Manufacturing Index - Not Adding Up
- • Productivity Up - Costs Down
- • Fed's Outlook Much Weaker Than Reported
- • Food Stamp Usage Sets New Record
- • Fed Trapped By Inflation
- • Manufacturing Not Showing GDP Strength
- ► October (24)
- • STA Risk Ratio Turns Up
- • Buy Signal Is In - But Move Slowly
- • Recession Still Likely Despite Bump In GDP
- • A Haircut, Boost and Drop
- • New Homes Sales - Glued To The Bottom
- • Consumer Is Key To Next Recession
- • Case-Shiller 20-City Index Flat As HARP Wil...
- • CFNAI - Better But Still Negative
- • Understanding Federal Debt: Point - Counter...
- • Temporary Bounce In Philly Fed Confirmed By...
- • Inflation Rises Along With Housing Hopes
- • Snipe Hunting In The Housing Market
- • Der Spiegel is Der Wrong
- • Inventories, Sentiment and Sales - Behind T...
- • The Empire Is Tarnished
- • A JOLT To The System
- • NFIB and PCI - More Signs Of Weakness
- • 1929-45 Vs Today - Following The Same Path
- • Unemployment Report Worse Than It Looks
- • Bearish Sentiment Abounds
- • ISM Composite Index - Been Here Before
- • Yield Spread Confirming Recession Call
- • Market Breaks Its Neck
- • ISM Manufacturing Index - Backlog Drawdown ...
- ► September (34)
- • 5 Months Down - Time For A Bounce?
- • Economic Trifecta - But No Winners
- • Economy Upticks & Jobless Claims Fall
- • Gallup - Economic Confidence Slides
- • Can Margin Debt Give Us A Clue On Market Di...
- • Euro Tarp - Why It Will Be A Screaming Fail...
- • Consumer Doldrums
- • Chicago Fed National Activity "Slowing Down...
- • End Of Week Technical Wrap Up
- • The Yield Spread Is Lying About The Coming ...
- • Leading Indicators Predict Weaker Economy
- • Why The Fed's "Silver Bullet" Won't Kill Th...
- • Fed Buy's Paltry $ 400 Billion - Need A Hug...
- • Market Weak - Waiting On The Fed
- • Housing Still A Drag
- • Consumer Confidence Remains At Lowest Level...
- • Coordinated Central Bank Intervention Creat...
- • Philly Fed Survey - Predicting Recession
- • CPI Rises - Inflation Hits Home
- • Consumers Tapping Out Savings To Spend
- • PPI - Pushing A Slowdown
- • NFIB Confidence Slides Lower
- • Export Prices Still A Negative For The Econ...
- • The Great American Economic Lie
- • High Yield Spread Signaling Recession
- • The Economy Weakens More
- • Obama's $ 400 Billion For Jobs And Counting
- • Trade Deficit - Points To Possible Uptick I...
- • Another Domino Falls For The Market
- • Corporate Profits Are In Trouble
- • Are Stocks Undervalued?
- • European Markets Down Sharply
- • Jobs - What Jobs?
- • Why Unemployment Is About To Surge
- ► August (38)
- • Market Bounce OR New Bull Market
- • Chicago ISM Confirms Weakness
- • Consumer Confidence Collapses - Again
- • Personal Incomes Still Under Pressure
- • Annotated Bernanke Speech - The Elusive Eco...
- • Corporate Profits - Hinting At Recession
- • GDP - Revised Down
- • The Deficit Spending Trap
- • Will Ben Go For Another Round Of QE?
- • Boomers - Are Going To Be A Real Drag
- • No Job = No New House
- • Beware Of Long Term Investing Advice
- • Technical Market Overview
- • EOCI Index Now At Recession Levels
- • Composite Inflation Index Warning Of Slower...
- • 7 Things That Make Me Worried
- • The Difference Between "WHAT" and "WHEN"
- • Empire Fed Index - 3 Strikes You're Out
- • Rosenberg On The Economy
- • Consumer Confidence Collapses
- • Trade Deficit Points To Sub-1% 2nd Qtr GDP
- • 7 Things My Mom Taught Me About Investing
- • Blood In The Streets - Part II
- • Ceridian UCLA Consumer Pulse - Going Flatli...
- • Market Bounce - Was It Stealth QE3?
- • FOMC Meeting Ends - No Change To Stance
- • NFIB Survey Says...Higher Taxes Won't Work
- • Panic Attack! Markets Extremely Oversold
- • Employment Report Less Than Meets The Eye
- • Market Trashed Again! Panic Hits.
- • Recession Almost A Certainty
- • QE 3 Coming - But Won't Save The Economy
- • Yield Curves & The Fed Model
- • ISM Composite Index - Continues Decline
- • Market Trashed - What Now?
- • Personal Income Under Pressure
- • ISM - Clinging On For Dear Life
- • Debt Deal - A Complete Failure
- ► July (38)
- • We Are All Guessing
- • Dismal Economic Numbers
- • 10 Lessons Learned From Poker
- • STA Risk Ratio - Still On Sell Signal
- • GDP - 2nd Quarter Estimate
- • Consumer Un-Confidence
- • Are We Headed For A Second Recession? Upda...
- • Chicago Fed National Activity Index Confirm...
- • Decline In Profits Leads Index
- • EOC Index Shows Economic Weakness
- • Help Wanted - Not So Much
- • Existing Home Sales - A Resumption Of Decli...
- • Housing Starts - Bouncing Along The Bottom
- • You Can't Have A Jobless Recovery
- • NAHB Housing Index - No Signs Of Life
- • Commentary: A Default Would Devastate D.C.-...
- • Tax Reform -The Overlooked Solution
- • Empire Index - Harbinger Of Bad Things To C...
- • Consumers Believe It's Really A Recession
- • Inflation Index Flashes Warning
- • Bernanke Gives US Congress "The Finger"
- • Retail Sales & Jobless Claims
- • Why The Trade Deficit Is Warning Of Weak GD...
- • QE 3 - "To Infinity And Beyond"
- • No Fear - That's Not A Good Thing
- • More Fed Stimulus - As Expected
- • NFIB - No Jobs For You
- • Why Economists Don't Have A Clue About Jobs
- • Raising Taxes Won't Raise Revenue
- • Why The Jobs Report Is Worse Than It Seems
- • Why Oil Price Spikes "Feel" Worse
- • The Average Investor Doesn't Stand A Chance
- • How To Just Get By On Food Stamps
- • Jobless Still Jobless- Teens Hired For The ...
- • ISM Composite Index Showing Contraction
- • Outperforming The Market By 30% With No Ris...
- • ISM Report - Little To Be Excited About
- • Greenspan - QE Was A Failure
- ► June (38)
- • Market Failed At Resistance - Now What?
- • Full Employment - Hope vs Reality
- • Existing Home Sales Reflect Balance Sheet R...
- • Myths Of Retirement Planning
- • Implications Of Household Debt Deleveraging
- • LEI Warning Of Economic Stumbling Economy
- • Greece Ripple Effects Could Create US Finan...
- • Consumer Confidence Falls
- • Economy Failing Right On Time
- • New Home Starts - It's The Job Market Stupi...
- • Composite Price Index - Pushing Upper Limit...
- • Empire Composite Index Signals Economic Con...
- • PPI - Ratio Pointing To Economic Weakness
- • NFIB Employment Expectations Dispells 5% Ec...
- • Trade Deficit - A Roadmap To Economic Stren...
- • How Far Might A Bounce Go?
- • What Is Really Driving The Weakness In The ...
- • Obama Says He Has No Fear Of A Double Dip
- • NYSE Margin Debt
- • Beranke Speech - A Prelude To QE 3
- • Don't Get Suckered!
- • QE3 - Just A Matter Of Time
- • Job Report Shocker
- • Where's My Bottom
- • STA Risk Ratio Indicator Update - Still Cor...
- • ISM Composite Index Confirmed Market Top
- • Not The American Dream I Was Told About
- • Never Buy Stocks Again? Seriously?
- • Where Is The Confidence?
- • ISM Manufacturing Report Hits The Brakes
- • A Weaker Dollar Equals A Weaker Economy
- • Market Bounce
- • SF Bay Bridge - "Made In China"
- • Consumer Confidence At Recession Levels
- • The Decline Of The American "Saver"
- • Greece Fire - NY Post
- • The Breaking Point
- • Financial Profits Reduce Economic Prosperit...
- ► May (32)
- • Consumer Confidence Falls
- • Slide In Corporate Profits - Part II
- • Personal Incomes Still Feeding The Gas Tank
- • Change In Corporate Profits Leads To Market...
- • Economic Surprises - The Wrong Kind
- • New Orders For Durable Goods - Another Nail...
- • STA Buy/Sell Indicator Flashes Sell Signal
- • New Home Sales Not Inspiring
- • STA Economic Output Index Takes A Plunge
- • Debt To GDP And A Sustainable Level
- • The Virtuous Cycle Of The Economy
- • Economy Shifting Into Slower Gear
- • 7 Impossible Trading Rules To Follow
- • Housing Starts Fall - Again
- • Cyclical Bull Markets In Secular Bear Marke...
- • Empire Manufacturing Index
- • More Inflation For Consumers!
- • Headline Inflation Pushing Up
- • Weakness In GDP Continues (X-M)
- • Small Business Optimism Getting Worse!
- • Import Prices Flashing Warning Signal
- • Home Prices Following The Path To Destructi...
- • The Hyperinflation Index
- • Unemployment Rate Climbs To 9.0%
- • The Link Between Productivity & Jobs
- • Commodities Stumble
- • Jobless Claims Jump
- • ISM Composite Index vs S&P 500
- • ADP & ISM Non-Manufacturing Index Have A Lo...
- • Gallup: More Than Half Of Americans Still S...
- • "Let Them Eat IPads"
- • Have We Seen The Peak In This Business Cycl...
- ► April (22)
- • Fallacy Of The Falling Dollar
- • 1.8% GDP Not So Great!
- • Bernanke's Folly - High Oil Prices Are Flee...
- • Consumer Confidence - STILL Not So Confiden...
- • Tracking The Next Gasoline Induced Recessio...
- • New Home Sales Tick Up
- • STA Risk Ratio Throwing Off Warning Signal
- • The Philly Fed Survery Says....#&^%@!!
- • Americans Receive MORE In Government Handou...
- • NYSE Margin Debt Reaching Danger Zone
- • Housing Starts Not Starting
- • Pitchfork and Torches For The Rich
- • S&P Downgrades US Credit Outlook To Negativ...
- • Why You Can't Invest For The "Long Term"
- • Jobless Claims & PPI - Not Looking Better
- • Who Pays The Taxes!
- • Retail Sales Confirms Consumer Weakness
- • Gallop Poll Confirms NFIB Index - Economy S...
- • Small Business Still Not Optomistic
- • Trade Deficit Narrows - But Not In A Good W...
- • NYSE Margin Debt Climbs
- • High Commodity Prices Not The Result Of The...
- ► December (22)