The Dow Jones Industrial Average shed 1% of its value this week as news surrounding the “fiscal cliff” continued to mount. To the contrary, the 15-51 strength Indicator gained 1.5% and gold rose more than 3%.  Here’s the year-to-date picture. The Dow and gold have been in a street fight for most of the year. One indicates...Read More

“The market” continues to tiptoe towards the action zone’s high point. The Dow Average is up 8% for this year despite lackluster economic growth and poor Market fundamentals. Stock market strength is up 34% year-to date and gold is keeping pace with nominal GDP, up 3%. Here’s the picture. For the most recent twelve months, the DJIA...Read More

I’ve been following the facebook scandal since before the stock hit the street. In Facebook Flop, Too Big to Succeed, I said “IPO’s commonly find their way into mutual funds. So if you own a mutual fund you might have lost a few bucks on facebook and don’t know it [yet]. That’s another hidden cost of pooled investment...Read More