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Get Ready For Gold To Bounce Once More

Get Ready For Gold To Bounce Once More

You know by now that I think gold is above all a commodity, and in a bubble that was more extreme than stocks… a bubble that’s been bursting since September 2011, but… Gold and bitcoin are two examples of bubbles bursting that are NOT following my bubble model as well as most. Both, thus far, are basing out at higher […]
Why A 15 P/E Ratio Represents Fair Value For Most (Not All) Companies

Why A 15 P/E Ratio Represents Fair Value For Most (Not All) Companies

Introduction One of my favorite Warren Buffett quotes is “investing is most intelligent when it is most businesslike”. The reason this quote resonates so much with me is because I believe it represents the essence of value investing. To me, value investing is about positioning yourself as a shareholder/owner/partner in a wonderful business that you […]
Strong Equity Inflows

Strong Equity Inflows

Investors directed sizable investment fund flows towards equities for the week ending 9/19/2018 as reported by the Investment Company Institute (ICI) on 9/26/2018. Total equity inflows for that week equaled $10.2 billion. This completely reversed the $10.4 billion net outflows reported over the prior seven weeks that ended 9/12/2018. Bonds continue to receive inflows as well and […]
Make Your Case, Jay

Make Your Case, Jay

June 13 sticks out for both eurodollar futures as well as IOER. On the surface, there should be no bearing on the former from the latter. They are technically unrelated; IOER being a current rate applied as an intended money alternative. Eurodollar futures are, as the term implies, about where all those money rates might […]
Base Metals, Gold, And Uranium – What Actually Matters

Base Metals, Gold, And Uranium – What Actually Matters

Lobo Tiggre, Founder of The Independent Speculator joins me to share his thoughts on a range of resources. We start with base metals and how the trade war fears are impacting prices. China is also considered on the demand front. We then switch to gold and its inability to rebound after the summer drop. Finally, […]
Moving Averages: Month-End Preview – Thursday, Sept. 27

Moving Averages: Month-End Preview – Thursday, Sept. 27

Here is an advance preview of the monthly moving averages we track after the close of the last business day of the month. At this point, before the close on the last day of the month, all three S&P 500 strategies are signaling “invested” — unchanged from last month’s triple “invested” signal. Three out of […]
Elon Finally Goes Too Far

Elon Finally Goes Too Far

After Elon’s idiotic foray into 420-land (first citing that as the price at which TSLA would be purchased, and then his feckless toke-fest with simple-minded Joe Rogan), the stock had a powerful countertrend rally. …….but stupidly tweeting material non-public information has its consequences………. After hours, people aren’t exactly celebrating this news.
Market Talk – Thursday, Sept. 27

Market Talk – Thursday, Sept. 27

The FED did not set the pace for Asian trading, Fed Chairman Jerome Powell did in the Q+A afterward. The comment that all are referring to today was the FED’s inflation outlook. Guess you really have to ask the question, ‘Have they ever got it right’? The set-up for Asia was not great, with confidence […]
Key Tech Levels To Watch Right Now

Key Tech Levels To Watch Right Now

What levels are important in the /NQ and key tech stocks like AAPL, AMZN, FB, MSFT and others?  Video Length: 00:09:42
Stocks And Precious Metals Charts – Living The Dream

Stocks And Precious Metals Charts – Living The Dream

Gold and silver were lower today as the Dollar regained some strength within its recent trading range. It may be cynical, but I also expected gold futures to take a gut check after the recent expiration. And there it is. Stocks were marginally higher on a renewed appetite for risk, although they gave up much […]