BlowOff Top? and Gold

Posted on Friday, October 25th, 2013

The recent advances in the market look stretched as the S&P is up slightly on the week. Concerns are rising that the speculators have taken over the market. In fact, margin debt at the NYSE has now reached an all time high at $401 Billion. Expectations that a weaker economy will keep the Fed’s foot read more.

Party Like It’s 1999??

Posted on Friday, October 18th, 2013

In our last blog post we mentioned that there was never any panic in the markets as investors remained confident that our leaders in Washington DC would come to a compromise at the last minute. They did and the only people that seem to be panicking now are the bulls. The stock market is up read more.

Blackthorn Q3 2013 Quarterly Letter

Posted on Friday, October 11th, 2013

If you have read much of what I write (and I won’t hold you accountable if you don’t) you probably would have surmised by now that we are entering into what is my favorite time of the year. At least as far as investing goes. It doesn’t get more exciting then rounding the corner and read more.