European banks are in bad shape – and this is being VERY kind. With all of the problems that the sovereign nations are facing, the stress on the banks has been increased. Austerity is by far not a good solution for the banking industry. A sovereign default is definitely not...
Many subtle changes to the outlook. Often times the FED is a great cheerleader for the economy, but this time it is apparent that they have no good news to share. Keeping rates at historically low levels through until at least 2013 was reason to both cheer and worry. In...
China’s CPI (inflation rate) moved ahead of analysts expectations. The Chinese government has been tightening rates and reining in speculative property purchases as they have a very serious inflation problem. Remember, they dropped the mother load of stimulus two years ago that began a rapid expansion of the economy. The...
Guest(s) – Kevin Hoffmann (Horowitz & Company) and Scott O’Neil (MarketSmith) have a few topics to discuss that will be of interest to those looking for investment ideas. Fundamental and Technical strategies are both covered in this episode. Kevin takes us through building a screen to seek out investment candidates...
Just to state what we see – it looks as if the massive sell-off that occurred yesterday, “felt” like it is close to a capitulation bottom. That said, what any of us “feels” is unimportant. The market direction and volume is the best indicator and history has often shown that...
