It’s only eight weeks till Christmas, and time to start making your investment plans for 2010. Why? Because market rotation starts earlier and earlier as investors try to get one step ahead of each other.
The good news is I believe 2010 should be easier to trade than 2009. And that’s [...]
From the monthly archives:
October 2009
Here’s a chart to start your morning. The dollar is down, and gold, oil and most everything else is up … for now.
So, is the dollar rally short-term? Almost certainly, if history is any guide. All the major trends are still down. But can the dollar rise further from here? Yes, it can. Be careful [...]
Here is a weekly chart of the S&P 500 …
Note that the index is testing the uptrend that has been in place for the year. A breakdown from here could send the S&P 500 to test support at 885. Even if it doesn’t break down, there is strong overhead resistance from a big downtrend. That should [...]
I have a new video on UncommonWisdomDaily.com today. You can read a rough transcript by pointing your web browser here: http://tinyurl.com/yfqnfos
Darn, I guess I just missed the Air Supply concert in Jakarta.
Where’s that Members Only jacket of mine?
Bidu reported a 42% increase in quarterly profits and lengthened its lead over Google. Bidu now has a 75% market share of the search market.
Here’s what Google doesn’t understand. Most Chinese can’t afford a computer but EVERYBODY has a mobile phone. In China, the mobile phone is the computer and Bidu has concentrated its [...]
If you want to buy a luxury home (condo) in Hong Kong, defined as costing more than $2.7 million, the amount of your down payment has been increased by the Hong Kong Monetary Authority from 30% to 40%.
Not because of rising defaults, like in the U.S., but to cool down real estate speculation.
Quite [...]
Who are the largest computer companies in the world? According to IDC:
Hewlett Packard has 20.2% share of the global computer market.
Dell used to be #2 but it was just passed by Taiwan’s Acer Computer with 14% of the market. Dell’s market share has dropped to 12.7%.
This reinforces my point that you don’t want [...]
The dollar rallied good and hard today. Things looked bad for the buck in the early going, as China started talking about increasing the amount of euros and yen in its foreign reserves (at the expense of the dollar).
But then the dollar’s fortunes reversed – traders switches sides on the view that the dollar had [...]
Today, this is the story in London’s Daily Telegraph: “Food Will Never Be So Cheap Again.”
For investors wishing to rotate out of overstretched rallies – Wall Street’s Transport index and the Russell 2000 broke down last week – this is a rare chance to buy cheap into a story that will dominate the rest of [...]
