January 19, 2012 –
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RELATED TICKERS: FXY
, INTC
, VXX
What if there was an RSI-type indicator for the market at large that considered in the calculation of ticks towards "overbought" territory a ratio--of percentage increase in average share price for at least a basket of stocks--a ratio of price increase to flat or decreasing or mid-term unsustainable trends in average fundamental values of that stock basket? [more]
March 15, 2011 –
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RELATED TICKERS: ZOLT
, VSH
, CAT
After watching "The American Dream" on YouTube (almost purely entertainment); and the program IOUSA (informational and entertaining and troubling), and reading about the US traversing the road towards stagflation we were set upon somewhere between <$5 Trillion and >$9 Trillion accumulated debt (just troubling), I am left wondering why Japan wouldn't cash out some of the $880B in US debt they hold, or possibly print their way towards an accelerated rebuilding of their infrastructure following Friday's terrible disaster? For example, how much of Japan's central bank (or private finance) net position as the number one holder of US debt could be liquidated to this end? And who would buy it when opportunity cost for any other paper is more attractive? Or does the steam left in QE2 pick up some or all of that slack and the printing press across the Pacific somehow do some real good and avert inflationary pressure while helping finance reconstruction in Japan? In the long term, it's probably not so simple, and then where does all that liquidity end up, assuming we (the US) print more than is needed, as the initial few media references I cited above would suggest we always do? And according to the above LA Times article, Japan's printing presses are on, too, injecting $183B on Monday into the money supply, with talk of intervention beyond that. [more]
October 25, 2010 –
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RELATED TICKERS: O
, VNO
, SPG
August 2010 was the bottom for the US housing market. Don't believe it? [more]
November 20, 2008 –
Steps that brought us to today, an 11 year low in the equity markets: [more]
October 26, 2008 –
If there is one thing I will not do, it's thumbs down companies without a strong indicator of their loss of earnings potential RELATIVE TO OTHER COMPANIES IN THEIR SECTOR. Obviously, this has a cost--about 90 percentile points. I'm not livid with my 4.4 percentile rank. I'm living with it. Anyway, I did my balance sheet analysis of the companies I rated, and most fit the bill as competitive, with strong growth or value indications. That's my GREED doing the talking. [more]