Streetsmartpost - streetsmartpost.com - StreetSmartPost
General Information:
Latest News:
Advice to Buy & Hold is a sham and deceit. 27 Aug 2013 | 06:28 pm
Tuesday, August 27, 9:25 a.m. Every time the market returns to a previous peak Wall Street comes out with the observation that “the market always comes back. Buy and hold is the only way to go.” Jus...
Not a pretty housing report. 24 Aug 2013 | 06:50 pm
Saturday, August 24, 10:00 a.m. It was reported yesterday that new home sales plunged 13.4% in July to 394,000 units. And June’s report was revised down from the previous report of an 8.3% increase ...
Be careful how you handle a market bounce. 22 Aug 2013 | 06:29 pm
Thursday, August 22, 9:25 a.m. Yesterday’s 113 point down-day was the Dow’s 6th straight negative close. Markets don’t move in a straight line in either direction. So just based on the fact that the...
Asian collapses are more worrisome than U.S. decline. 20 Aug 2013 | 06:32 pm
Tuesday, August 20, 9:25 a.m. The U.S. market topped out in May when concerns about the Fed beginning to taper back on QE-type stimulus first surfaced. It was rescued when Fed Chairman Bernanke rushe...
Outlook for U.S. and Asian economies took more hits this week 17 Aug 2013 | 08:29 pm
Saturday, August 17, 11:15 a.m. In the U.S., the Thomson Reuters/University of Michigan Consumer Confidence Index fell from 85.1 in July to 80 in August. Retailer bellwethers WalMart and Macy’s unexp...
Just a short-term correction or something worse? 15 Aug 2013 | 06:29 pm
Thursday, August 15, 9:25 a.m. Okay, so a short-term correction has been widely expected, and was called for by the short-term technical indicators two weeks ago. But could it turn out to be somethi...
No fear in investor sentiment 13 Aug 2013 | 06:33 pm
Tuesday, August 13, 9:25 a.m. For all the concerns and warnings in the media about the potential negative impacts ahead from the upcoming gridlocked battles over the budget and debt ceiling, Fed tape...
Has the chance to fix underlying problems slipped away again? 10 Aug 2013 | 09:08 pm
Saturday, August 10, 12 noon. In my weekend column pointing out that the economy’s withdrawal from stimulus addiction is likely to be painful, I noted that “Meanwhile, lingering in the background unc...
Will plunging dollar rescue gold? 8 Aug 2013 | 06:30 pm
Thursday, August 7, 9:25 a.m. The dollar spiked up from the June low to overhead trendline resistance where it triggered another sell signal on technical indicators, and has been plunging back down s...
Emerging markets economic activity worst in four years. 6 Aug 2013 | 06:29 pm
Tuesday, August 6, 9:25 a.m. The HSBC Emerging Markets Index (EMI) declined from 50.6 in June to 49.4, below the 50 level that separates expansion from recessionary contraction for the first time sin...
