The ES and NQ are very close to breaking out to new all-time highs this week and possibly over the next few weeks. The NQ is very close to these new high levels already. Traders must not take this move for granted as increased volatility and a very real chance for a price correction become even greater...
IN THIS ISSUE: 1. December Jobs Report Was Stronger Than Expected 2. Yet Some Bad News in the Very Good Jobs Report 3. US Stocks Plunge the Most on Record Last Week 4. China’s Massive $4 Trillion in Reserves is Dropping Fast 5. Crude Oil Price Hits 12-Year Low, Down 10% Last Week Overview In the...
Can It Get Any Better Than This? A Korean Black Swan? Maine, Montana, San Antonio, and Bismarck What in the world is going on?! As I write this letter from the Maine woods, the S&P 500 has just cleared 1,700 for the first time. The German DAX continues to set all-time highs above 8,400. The United...
As long-time readers know, I get a large volume of research sent my way. I can't get to all of it every week, but I really do try. And today's Outside the Box, from a new (to me) source, hooked me from the first few paragraphs. Correlation is not causation, as we all know. That brings us to the...
By now, you've no doubt heard that Standard & Poor's has downgraded the U.S. credit rating one notch. Let's first understand that this downgrade is more a political statement than a financial one. And it's not likely to affect U.S. Treasury yields much. I think we all agree that the...
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IN THIS ISSUE: 1. Passive Buy-and-Hold Investment Strategies 2. Buy-and-Hold Advantages & Disadvantages 3. Basics of Active Investment Strategies 4. Active Strategies Advantages & Disadvantages Introduction I have written often about the differences between passive “buy-and-hold”...
Everywhere I turn is another article about Quantitative Easing Part 2. Will they or won’t they? My question last week was will it make any difference? After I sent my letter out, I came across this missive from the always fascinating Ed Yardeni. I like to read Ed because he is not afraid to take...