That’s me, of course!
But while I came out ahead of most commentators in calling the housing bubble and the banking sector crash, I wasn’t the most vocal or high-profile one. Someone on the shortlist for that accolade would have to be Peter Schiff. On Tuesday he was on Bloomberg covering what he sees […]

… Or: “Is Banking Tanking? - Phase 2″
Comptroller of What?:

Maybe the most important public servant you’ve never heard of: John C. Dugan is the current and 29th Comptroller of the Currency for the United States.
The Office Of The Comptroller Of The Currency (OCC) is established as a Bureau of the Department of the Treasury, […]

Trade Review:

Symbol: DIA (DJI tracking ETF)
Trade Type: Short swing trade
Entry Date: Nov 8
Entry Price: 130.92
Exit Date: Nov 9
Exit Price: 131.29
Gain/(Loss): (-0.28%)
Max Drawdown: 1.91%
Reward/Risk Ratio: -0.15:1
Comments: This attempt to short DIA came a little too late. I don’t mind the small loss. What worries me is the technical health of DIA (and DJI). […]

Trade Review:

Symbol: SPY (S&P 500 tracking ETF)
Trade Type: Long swing trade
Entry Date: Nov 9
Entry Price: 145.69
Exit Date: Nov 9
Exit Price: 145.00
Gain/(Loss): (-0.47%)
Max Drawdown: 0.47%
Reward/Risk Ratio: -1:1
Comments: The first of three attempts (so far!) to enter long on SPY. I don’t mind the small loss. What worries me is the technical health of […]

S&P 500 and DJI have slid about as far as they can without breaching critical support levels. In the process they’ve carved out almost perfect A-B-C declines, and finished with a very nice intra-day reversal pattern yesterday. Pushing below nearby support would strongly suggest something much nastier is about to unfold. I […]

The Semiconductor Sector (SOXX) comprises heavyweights within the NASDAQ 100 Index (NDX) such as Intel, and is the largest weighted sector within the NDX. So it’s not surprising that SOXX and NDX normally track quite closely.
Dramatic divergences like the one we’re seeing right now are extremely rare: I could only find one comparable instance […]

- Or Why I Love Collective2, and you should too! -

Having gotten my TrendSensor Trading Signal systems to a standard I am happy with, my focus has been more on marketing my business and delivering improved service.
As I wrote recently I am in the process of outsourcing trading signal subscriber sign-up, delivery and management to […]

For trading signal subscribers: As the NDX approaches our exit target of 2200 I am going to continue tightening the trailing stop on our open long trade to lock in profits. (learn about TrendSensor Trading Signals here).
Part of the reason I am moving to a more cautious approach is that the rapid pace of the […]

This is an excellent, brief overview of the China Bubble issue, as I wrote about recently. The only 2 points we differ on are that I expect 5500 to be an absolute minimum for the SSEC to top at, not the maximum. I’m picking a 5500 - 6500 range. The 2nd is […]

Feeling No Pain: When key US market indexes dropped 11 - 14% recently, the media everywhere highlighted how markets around the world fell in sympathy with the US market. They overlooked China! (or conveniently ignored it).
During that same period China’s SSEC Index soared almost 20%!
Check out the chart below of SSEC. Click on […]

Buy at AllPosters.com

Imagine this: you find your son playing with matches in your house. “Son, that’s a mighty dangerous game you’re playing - you could burn the house down. Oh, I see you’re almost out of matches, here use these ones that I’ve borrowed … and by the way, if anything […]

Blowing My Own Trumpet:
Back in August 2005, economists everywhere were confidently predicting a “soft landing” for the US housing market. I wonder if they’re so confident now?
Back in August 2005, I was one of the few to identify the early signs of the bursting of the housing bubble, and I wrote about it in my […]