Month: April 2016

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it […]

The Deflation Myth

Deflation, Deflation, Deflation. Central bankers around the world can’t seem to get enough of the D word. Deflation is rampant and needs to be purged, they say, justifying rate cuts and even negative interest rates. The U.S. Federal Reserve bucked the trend last December in raising rates to a paltry 25 bps (its first hike […]

“Dennis Gartman said Monday that crude oil wouldn’t trade back above $44 ‘in my lifetime.’” – January 25, 2016 The longest downtrend in history for Crude Oil is officially over. It began in late July 2014 when Oil first dipped below its 200-day moving average at a price of $98. Crude would not move back above […]

The Black Swan Siren Song

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch There are few things more alluring in the investment world than the thought of predicting and profiting from the next black swan. Shorting, buying out of the money puts, […]

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“Overbought!” “Oversold!” There’s not a day that goes by without a pundit using one of these powerful words to support an existing bias. Most interesting, some pundits use the term “overbought” to further a bullish outlook while others use it to justify a bearish outlook. The same is true with the term “oversold.” Unfortunately, there’s […]

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