The major headline may have been the rise in the price of oil to almost $120 per barrel but the majority simply favors to ignore the negative news and continue to hope and expect that everything is just fine. Sooner or sooner reality will set in and the markets will collect fines for the ignorance.

Supply-Demand has nothing

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Thursday saw a sharp rally on Wall Street but the rally had a bearish touch to it while all economic reports released pointed towards a (severe) recession. False hopes, expectations and ignorance will not solve the problems the economy faces.

The majority hopes that the rate-cuts will have the positive economic impact that w

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This post (sorry it one day lat due to 'third-party problems') reflects on what happened during the trading day and gives the key economic reports a closer look.

Three major benchmarks broke key support levels ( as expected) and further downside should be expected. Unfortunately, the majority of (professional) investors re

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This post gives a (somewhat long) review of what influenced global equity markets today and gave the economic reports of the day a quick look.

What happened this week was probably a bit too easy to predict but the majority seemed to be surprised which is another reason why false optimism and ignorance will always cause you t

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A continuation from Thursday's rally was seen today and this was required in order to ensure the health of the bear market.

Why?

No market will move in one direction without periods of counter trend moves. Those counter-trend moves are a strong sign the markets function well and will fuel the overall trend of the market

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This post gives a short view of why P/E ratios (which are among the most widely used fundamental analysis tools utilized) are worthless. It outlines why P/E ratios are worthless and lists four reasons investors/traders should always keep in mind.

In addition it gives one key fact many often chose to forget or ignore. Many '

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Another great month has closed and the majority has missed out on all the opportunities which were presented to them.

Why do they consistently miss out?

Because they subscribe to the thought that mutual funds are a safe and sound investments which is the start of their problems. Laziness decreases health and wealth at the

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This post takes a look at the retail sales report from Thursday (among a few other things). Most idiots really bought into the sales pitch that retail sales were stronger than expected but what would you expect from individuals who can't tell the difference between the male and female reproductive system?

To chase an illusi

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Quick overview of the trading week which was filled with five days of great market action. The bears have been in control all month long and Friday's close has been a great finish. Opportunities are more than enough but the majority favors to pass those opportunities for whatever it is they seek.

Why do so many individuals

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What do you get if you continue to ignore problems and cherry pick only what you want to hear and know about?

The type of equity market condition we are currently in. A healthy bull-trap within a huge bear market. A bull-trap which has been ignited by false hopes and expectations that do not reflect reality. The bulls have c

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Equities saw limited action over the past two days ahead of the FOMC announcement tomorrow. This FOMC meeting is completely irrelevant and the bulls will take anything as a positive sign and will attempt to continue their 'Rally to the Slaughterhouse'.

What could stop them?

Reality and the bears which patiently wait for

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Today's trading day was a great finish to a great week and may have marked the end of the bull rally in this young, strong and healthy bear market. Today offered yet another example of ridiculously high earnings expectations, aka ignorance, and how expensive it can be.

Another important economic report released today clearl

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The bulls may have send the strongest capitulation sign which marked the end of the bull rally as of yet. The 'Septic Tank' and at least seven of his plumbers have voted to lower interest rates by another 25 basis points to 2.00% and they continue to ignore the long-term effects of their idiotic monetary policy.

Plenty of

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Inflation continued to surge higher and the continued ignorance on headline inflation reached a pathetic point. The vast majority (of the worst professional investors...the entire mutual fund industry) focus their attention on core inflation and argue more for more rate-cuts.

Energy and Food, which are excluded from core inf

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Equity Markets surged from the first second the markets opened until the last second markets closed. The reason behind today's rally was 'More leakage from the 'Septic Tank'.

The bulls clearly were in control all day but one thing market participants need to keep in mind is that a wounded animal (in this case the Bear) i

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Another great day on global equity markets and another day the majority opted not to participate. Rumors of problems at Lehman grabbed the attention early on while 'Septic Tank' Ben took the first step to become a real-estate czar. Clear Channel gets a life-line but safety at airlines is somewhat questionable while a small Ca