investing

Highlights The US dollar is generally firmer against most of the major and emerging market currencies to start the new week.  It has staged a reversal of sorts before the weekend and there has been follow through today.  The euro…

By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report One of the big hints that gold stocks will be ready for take-off is when they stop following the broader markets and strictly track gold, particularly if the market falls and…

The euro has been sold off in early North American activity.  It does not appear to be news/event driven, but rather some week end profit-taking that triggered some stops.   We do note that many were looking had targeted the…

After three days of major market gains, call me naive, but this must be the place! Seriously though, I do think we are in a secular bear market and expect prices to go lower. Remember the 200-day moving average is still above 1100. We're a…

A good talk by the author of the study of complexity in financial markets. Also see these three books about chaos theory, roughness and fractals (all on the CW reading list): Benoit Mandelbrot – The Misbehavior of Markets Mark…

The bond guys PIMCO have decided to move into equities. They are doing so cautiously.  I mentioned some comments they made by Gross regarding safe, high dividend stocks like utilities. At the time, he was suggesting almost all asset…

Must-reads Technicians Eye Market Signals - Barrons.com Economics: Why are firms saving so much? | The Economist World Cup Frank Lampard's 'goal' against Germany should have stood – linesman | Football | guardian.co.uk…

Here's a chart that Bespoke Investment has drawn up. Bespoke says: The percentage of stocks in the S&P 500 now trading above their 50-day moving averages is down to 4%.  At the March 2009 lows, the reading only got down to…

“When data contradicts theory in a discipline like physics, there is excitement amongst scientists . When data contradicts theory in finance, there is dismissal.” Robert Arnott Big shift to passive Active management in the equity…

Another one from David Rosenberg before I end it for the night...seriously. This one is from his morning piece, but it applies equally well now: THE NEEDLE AND THE DAMAGE DONE The needle, in this sense, is the equity market, and the…