Bear Market

Before I make a new post before the US market opens I wanted to share this video I came across earlier today. I couldn't agree more about what Barry Ritholtz is saying about the secular Bear Market we are in and how it will…Read

Apple, Inc. (AAPL) is the most widely followed stock in the world. No company has the fans and the following that Apple has for both its products and its stock. Truly, it's an incredible company. As an investor, I tend to…Read

According to Richard Dickson of Lowry Research, while the market indices chop around listlessly, a deeper look at the market internals suggests that there is ongoing accumulation occurring. Lowry’s proprietary models of…Read

One of the easiest and most convincing arguments that one can make right now is that US investors are abandoning stocks and flocking to the perceived safety of bonds. It is easy to point to the fund flows which show week after…Read

Global stock markets are in a multi-year bull-market and nominal prices are likely to appreciate for several more months. In our view, we are currently amidst a normal multi-week consolidation phase and most stock markets are…Read

Let it be, let it be, let it be, let it be… Simple words of wisdom – let it be The Dow lost 107 points on its first day of trading after Labor Day. Gold rose to within $3 of its all-time high. What do you make of it, dear…Read

Lately we've been hearing a lot of talk about Kondratieff cycles, Elliot Wave super cycle, end of the world, deflation, deflation, deflation.What the deflationists fail to acknowledge is that in a purely fiat monetary…Read

Zacks Releases Four Powerful ''Buy'' Stocks: The Cooper Companies, Meadowbrook Insurance Group, Alliance Holdings GP, LP and G-III Apparel Group…Read

This post first appeared on April 17, 2008 I am frequently mystified at what goes on in the markets. I am even more mystified when people who ought to know better make pronouncements that appear to be profoundly counter-factual.…Read

Here's an insight about Wall Street you probably won't get anywhere else: The creation of new investment products has nothing to do with investing. It's done primarily to separate you from your money. Sub-prime mortgages…Read

But perhaps stocks are cheap and just looking to launch higher? Here, too, the argument is difficult to make. Equities are simply not valued at bear-market-bargain lows. Read More...…Read

 SEPTEMBER UPDATE Overall, we are seeing divergent data coming through as usual, so we'll have to wait and see where we fall.  In general, I tend to believe the longer term theme that I've laid out that our economic…Read

Today more than ever the stock market seems to be in a stalemate. Today we heard chatter of "another bear market rally," which to us is too qualified a remark to be of any use, but it illustrates our point... …Read

Wall Street did no damage yesterday. It left peoples’ money where it found it…as The Street took off for Labor Day. But the financial press didn’t stop…and neither did we at The Daily Reckoning. The most amazing…Read