There was no place to hide last week as the ugliness spread across almost the entire market. Every single style-cap lost at least 3%, with most huddling together with losses between 3% and 4%. Once...
In late May, we ran a column titled, "Options for Options," announcing the debut of option trading on the SPDR Gold Shares (NYSE: GLD) grantor trust. Since then, we've received a fair...
First a note on general market conditions: S&P bounced higher from support level (August 06) just above 1270. This is positive over the very short term (perhaps the next week). Look for a rally...
The market is going from mildly oversold to very oversold as the major indices continue to move south. We are not quite at the levels we saw in March (with the average stock 28% oversold) and January...
Gold's Day Has Come The Fed's policy statement yesterday amounted to a move from being mildly accommodative to neutral. Neutral in an environment of negative real interest rates (and growing more...
Within the sectors, the only positive haven for the entire week was the Materials Sector, up 0.4%. Despite a couple of days of falling oil prices, Energy lost less than one percent and was second in...
Last week we brought financials back into the spotlight as move write downs and shadows cast on how much more is to come. Earnings from Goldman Sachs and Lehman were the catalyst, but for good...
I think that this week's (and especially today's) positive action in the prices of silver, gold, and platinum, while recognizably higher, has gone underappreciated and unreported in the financial...
The markets failed to deal with the financial downgrades among other issues yesterday leaving me leaning to the downside short term. What does this mean? From my perspective everything is setting up...
It should come as little surprise that the six-pack portfolio, consisting of coal and natural gas names, continues to rip. It is now up over 7% (in a down market) versus being up 4.35% (last update...
