Whichever Way the Wind Blows

Posted on Friday, November 1st, 2013

Let’s not call them the smart money. I have always been wary of that term. Let’s just call them the big money boys. What are the big money boys saying? Some of the largest and most famous money managers on the planet have been warning in recent weeks that asset prices have gotten out of… read more.

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.