The S&P 500 and Dow Jones Industrial stock averages made new all time highs last week as bonds sold off, the 10 year Treasury note yield briefly breaking above 1.7% before a pretty good sized rally Friday brought the yield back to 1.65%. And thus we’re right back where we were at the end of […]
Is the stock market getting ready to blast off again? There are hints on the charts that say the answer to that question looks like yes.
Jens Weidmann fought the good fight – a superior intellectual warrior overwhelmed by the onslaught of rank inflationism. He is a statesman in an age of few, a too often lone voice for sanity in a world of monetary absurdity.
FEEDSo the best strategy for the past ten years? That’s easy. NOTHING. Don’t buy. Don’t sell. Just put everything into stocks in 2011, stick yer thumb up any available orifice, and let the gains roll in.
That’s how we’ve become a nation of imposters: our imposter stock market hits a new high and the imposters cheer because it proves the scam is still working.
Faster chip, higher resolution, more ports: the new MacBook Pro by Apple will be available in store October 26. The highly anticipated machine will bring back MagSafe technology for its charger, while axing the unpopular Touch Bar and bringing back phy…
Tesla has defied all the critics and is at a new lifetime high today. The P/E is nearly 500, by the way. Here’s the lifetime history of this moneymaker:
Honestly. It’s almost beyond belief. And I am NOT playing games with that arrow. That is seriously to the millisecond when he made his declaration. If I wasn’t such an idiot, the 100.00% perfect record of anti-Gartman would be something…
FEEDWell, incredibly, WeWork is actually a public company now, under the clever ticker symbol WE. I’d like to predict here and now, based on absolutely nothing but my distaste for these people, that the stock will be vastly lower in a year than i…
The car industry is one of the sectors most impacted by supply chain disruptions and global chip shortages cause by the coronavirus pandemic. This hasn’t stopped it from being under scrutiny for its role in climate change, whether due to the production…