Last week in Wall Street was somewhat stable and without any excessive hiccups. Yet it still was driven by fools. The recovery from the recent correction, if we can call it a correction, has been steady. As you can see in the chart above, we experienced a strong V shaped recovery. A week ago, Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Yellen’s plan for boosting the weak jobs market is no plan again
Our impotent government along with FED has been feeding us with fake job data since 2008. Everybody knows it, but nobody does anything about it. Where are all those “shovel ready jobs” Obama was feeding the nation during 2012 election? Did he mean shovel ready hamburger flipping at McDonalds? Our nation is suffering from Continue reading →
Caution ahead: Market bounce is breeding overconfidence
Today, I found an interesting video. It is not interesting because of the announced overconfidence on the markets that all the dividend growth and value investors probably know of, but there was one very interesting point about market participants’ behavior, which sparked my attention. Many times, I was stunned by how irrational investors can be Continue reading →
Paul Craig Roberts on the US economy and paper versus physical gold
In today’s headline story, all eyes were fixed on Fed Chairwoman Janet Yellen, who delivered her first public remarks to the US House Financial-Services Committee. In addition, in a lawsuit filed on Monday, the non-profit group Better Markets has challenged the constitutionality of the $13 billion JPMorgan Chase mortgage settlement with the US Justice Department. Continue reading →
Milton Friedman – Lesson of the Pencil
I wish that many of the leftists watch this video, as today, so many are forgetting the principles of free market and think that any form of socialism, central control, or regulations is better. Well, it is not.
Is a phony recovery showing its ugly teeth?
The earnings season so far is actually more disappointing than that absolute underperformance suggests. Too many of the earnings beats are by just a penny or so and too many earnings surprising are coupled with misses on revenue. Others combine an earnings beat with a cut to guidance for the first quarter or all of Continue reading →
FED’s taper, no-taper talks will push markets higher with nice dips in 2014
Anytime FED says it may probably taper if the economy shows some improvement, investors run for cover, panicking and selling everything they have. A few days later the FED says that the economy hasn’t improved enough to taper and backs off. (MORE: mREITs Would Love an End to the Fed’s Free Money) A Continue reading →
Thanksgiving Day
U.S. equity, options and futures markets will be closed on Thursday, November 28, 2013 and will close early on Friday, November 29, 2013. This is in observation of the Thanksgiving Holiday.
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