When you look around these days and assess “the market’s” condition it really does seem like déjà vu all over again. Monetary policy has been cheap and easy for way too long, fiscal governance is irresponsibly spending, and the underlying economy is overinflated and fragile. It’s all way too reminiscent of January 2007 – but without...Read More
4th quarter GDP numbers were released today and they stink (really no surprise.) Total market activity grew just 3.9% in 2011 – but only 1.7% when adjusted for inflation. Inflation, the cost of money, outpaced economic activity by posting a 2.1% increase in prices. The Dow Jones Industrial Average leads GDP up during economic expansions...Read More
The Dow Jones Industrial Average ended today at 12,700. The 15-51 strength Indicator closed at 51,260. It gained 1.04% today, outpacing the Dow by ten times, which ended the day down a mere .1%. Lack of actual news has slowed stock market volatility. Investors and traders look almost paralyzed, wishing “the market” up five straight sessions, but...Read More
The Dow Jones Industrial Average is a market indicator that is priced in current dollars – just like Nominal GDP. Both “markets” go up and down, expand and contract, inflate and deflate, and both are dependent on the same currency. These dynamics can easily change the Action Zone’s range. That’s why it needs to be updated. Here’s how...Read More
This is where I stand and how Lose Your Broker got here. It’s an hour long show, and once again, I think you’ll find it entertaining. I hope you enjoy it! CLICK HERE TO TAKE A LISTEN, Talk soon,Read More
I haven’t blogged for a few days and there’s a reason for that – there’s not much to say, nothing much has changed with the Market and its condition thereof. As mentioned in a previous blog, the Dow Jones Industrial Average continues to tip-toe towards the point it reached right before things got really crazy last year (12,800). First...Read More
One of my first blogs ever posted was entitled: Pricing “the market” and Establishing Action Zones. That blog explains the logic behind the Action Zone – an area in which the Dow Jones Industrial Average should trade. The purpose of the Action Zone is to help investors determine how “the market” is valued based on historical...Read More
If the most recent jobs report was something to write home about the Dow Jones Industrial Average wouldn’t have laid an egg since the news broke. The report revealed that the unemployment rate – not unemployment per se – decreased a mere .1%. Excuse me if I don’t throw a party. First, 200,000 jobs isn’t nearly enough...Read More
I have some thoughts about today’s market, and making money in it, but I’ll hold that for another day. Besides, nothing much has changed. Today I was lucky enough to land my first public radio spot on Ashford Radio. It’s an extremely progressive internet radio site. Please take a break and click below to listen...Read More
Randomly picking stocks, throwing them together, and then waiting for a Muse to place a perfectly timed sell call doesn’t constitute a portfolio or investment. People who do this are not investors. They’re gamblers. Ditto for people who own mutual funds and allow their brokers to buy and sell them on a discretionary whim. These...Read More
