Month: August 2009

Markets continue to show signs of being extremely overdone on the upside with technicals currently deteriorating faster than the DJIA may be able to retrace to 10,000. The Trail of Rally post of May 11, which predicted the summer rally, complemented the bottom call made in the Giant Bear Miscalculation post on Feb 20th this…

Markets reversed the early break on the week and rallied to make new highs for the move since the March lows. Bears have had to take their lumps as market technicals have pushed into over bought configurations not seen since October of 2007. But there is no place to hide if you are short as…

Problems creeping into the Spring/Summer rally as various supporting elements begin to bruise. China’s stock market is cracking which brings problems for so many equity growth supporters who have had little proof from the rest of the world’s economic data that anything but a slow choppy march was ahead for most investments. Yes, when the…

Money funds yielding nothing is being written about these days as there seems to be some surprise to the notion of stubborn low yields despite the rise in stocks since March. It should not be a shock that most of the profits from yields are being spent on expenses by the fund managers since little…

This one hundred plus day rally for the index markets has seen the DJIA rally over 43%, with the SP500 and NQ100 exceeding over 50% gains. The particular migration back to 10,000 DJIA will continue with enough downside bend and turn activity scary enough to make many stop looking up. But this current rally is…