May 26, 2013
by Patrick
Comments Off on Shifting Excess Capacity Into More Leisure Time
ObamaCare will have the effect of introducing a European ideology of using the benefits of mass production to allow workers to have more leisure time instead of encouraging more consumption. This will allow consumption to be in equilibrium with safe … Continue reading
April 24, 2013
by Patrick
Comments Off on Dope Sheets: Twitter Crash
The biggest story of the day is being portrayed as a “pop from Twitter Crash.” The markets were on a stop hunt. Wreckage from the twitter hack could be seen on Twitter immediately after the 4 minute crash in the … Continue reading
April 16, 2013
by Patrick
Comments Off on Market Wrap: All That Glitters is Golden
The headlines stress the fall in gold is the largest since 1980. This date has no significance. The price is all that matters right now and it still hasn’t shown support. The bombing in Boston was a truly terrible way … Continue reading
September 7, 2012
by Patrick
Comments Off on Looking to DNC for clues on market direction
Non farm payrolls report will be the first important piece of new info out since the lazy, news- devoid days of summer ended. I was looking to the President’s DNC speech tonight for clues to the NFP number. I got … Continue reading
March 29, 2012
by Patrick
Comments Off on When the Fed Will Tighten
A look at the current market leaders would usually reveal to the astute investor the probably direction of future Fed policy on rate decisions. The clear market leaders (aside from AAPL) are retail, bank, and housing stocks. The historic pattern … Continue reading
January 2, 2012
by Patrick
Comments Off on 2012 Long Shots
Since returns are asymmetric, gains from unanticipated events is where a great deal of the alpha in this market resides. Here are my long shots for this year: 1. Mark Hurd leaves the struggling ORCL to replace John Chambers at … Continue reading
December 11, 2011
by Patrick
Comments Off on Reasons for the rally
It looked like the train was coming off the rails on Thursday, only to resume full steam ahead on Friday. It’s easy to be skeptical: the negatives are well known and well articulated by most. Take the facts to understand … Continue reading
November 10, 2011
by Patrick
Comments Off on Rumors Swirling
As of this writing at 2:15pm, it should be noted that the market is holding up rather well, especially considering the excessive amount of rumors that have circulated today. First, there was a rumor that France’s credit rating would be … Continue reading
September 25, 2011
by Patrick
Comments Off on Weekend Dope Sheets
We’re back at support. Normally, we buy close to support, but this time, the odds don’t favor many stocks. However, at the end of the video, I show the only sector that is worth a shot. It’s actually a classic, … Continue reading
August 23, 2011
by Patrick
Comments Off on Looking for upside
So we will know Tuesday morning if we have a tradable bottom. I think we do: