Graham Summers Says The Carry Trade Doesn’t Matter – I Think He’s Wrong
S&P 500 (black line) and $/Yen (orange line), December 27 2006 – March 26 2007
The Market is Schizophrenic Right Now – 9 to 1 Up and Down Days
Mark Hulbert had an interesting article on Marketwatch after last Wednesday’s (March 21) close: “Nine to one: A rare and bullish technical event occurred Wednesday”. Over 90% of the volume of all NYSE-listed stocks was up last Wednesday – the…
Stocks Aren’t Cheap – The Coming Earnings Season Could Be a “Rude Awakening” For the Bulls
One of the arguments you hear alot these days from bulls is that stocks are cheap. At a P/E of 17 (based on 2006 earnings) for the S&P 500, stocks just aren’t all that risky, they say. But this is…
The Kirk Report Links to Top Gun’s Post “A Role for Ancient Sanskrit Scholars in Today’s Market – Ben Changes One Phrase and The Market Goes Nuts” and “My Investment Philosophy”
In one his regular surveys of investment stories and analysis on the internet posted today,“Weekend Reading”, Charles Kirk of The Kirk Report linked to Top Gun’s post “A Role for Ancient Sanskrit Scholars in Today’s Market – Ben Changes One Phrase…
A Role for Ancient Sanskrit Scholars in Today’s Market – Ben Changes One Phrase and the Market Goes Nuts
Sanskrit n. : 1. An Indo-European, indic language, in use since c1200 b.c. as the religious and classical literary language of India. To the casual observer, today’s market action is sure not to make any sense. The Fed left the…
The Vernal Equinox – A National Holiday in Japan (Wed March 21, 2007)
The Tokyo Stock Exchange is usually open from 5pm – 11pm PST (9am – 3pm the next day in Tokyo) and so I was just trying to check it on Yahoo! before calling it a night, as is my routine. And…
The Kirk Report Links to Top Gun’s Post “The Wrong Question and The Right Question About Today’s Market”
Charles Kirk, author of the highly respected Kirk Report, linked to Top Gun’s post on “The Wrong Question and the Right Question” in one of his regular surveys of investment stories and analyses on the internet, “Kirk’s Clicks”, last Monday (March 12,…
The Irony of a Blackstone IPO
Hypocrisy n. : 1. The practice of professing beliefs, feelings or virtues that one does not hold or posess; falseness. 2. An act or instance of such falseness. CNBC and The Wall Street Journal yesterday broke the news that private equity…
Top Gun’s Analysis Excerpted on the WSJ’s MarketBeat Blog
The Wall Street Journal’s David Gaffen has excerpted Top Gun’s post “The Wrong Question and the Right Question About Today’s Market” on his MarketBeat Blog.
The Wrong Question and the Right Question About Today’s Market – And How Today Proves It
The Wrong Question is: Is the market going up or down? I’ve seen a million different dudes on CNBC in the last week arguing for why the market is going to go up or down, as the case may be. The guys…