» US Markets

As is the case every election year, I’m seeing and hearing a lot about how election years are always positive, and getting a lot of e-mails from non-subscribers asking if the market’s seasonality ever works in election years, since they’re always positive for investors. I can tell you how our...

A friend sends me the following chart to support his conclusion that another round of QE is coming from the Fed sometime in June. The chart tracks the ten-year bond and the performance of the S&P since 2009. Some thoughts on the info provided in this graph: +While both QE1 & 2 were ending, ...

Here is a summary of the four market valuation indicators I updated at the beginning of the month. ● The Crestmont Research P/E Ratio (more)● The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more)● The Q Ratio, which is the total price of the market divided by its ...

As was highlighted in Ryan Puplava’s Market Observation yesterday (link), there are two sectors of the market that are moving to all-time highs as they leave the shackles of the 2000 secular bear market behind. What is particularly interesting is that these two sectors are entirely based on the st...

On Saturday I said this week’s unusually heavy week of important economic reports in the U.S. and globally would likely decide the market’s direction for a while. But so far, even though the reports have been startling in some cases, the market has shrugged them off, and gone into idle mode. The...

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,” said the Cheshire Cat. “I don’t much care where . . . ” said Alice. “Then it doesn’t matter which way you go,” said the ...

Inquiring minds are listening to Marc Faber on the global economy. Link if video does not play: Marc Faber speaks of Imminent Market Crash Faber says China faces a recession defined as a slowdown to 3%. Interestingly, 3% is the same long-term target that Michael Pettis at China Financial Markets ...

Bloomberg authors By Steve Matthews and Tom Keene report Greenspan Says U.S. Stocks ‘Very Cheap,’ Likely to Rise Former Federal Reserve Chairman Alan Greenspan said U.S. stocks offer good value and are likely to rise as corporate earnings increase over time. “Stocks are very cheap,” Greenspa...

The Apple earnings report after the market closed yesterday put today’s markets into strong rally mode, and the Fed’s latest economic projection, released this afternoon, gave a further goose to the rally. The Fed’s 2012 GDP forecast “central tendency” range was raised ...

We wrote in this past weekend’s newsletter that there were two very important issues occurring as of the end of last week.  We stated: “First – we now have a SELL signal on a daily basis. This is disappointing but suggests that markets could decline more in the coming weeks ah...

Google posted robust 1Q results topping the consensus estimates by a wide margin – revenues increased 24% to US$10.6 billion as against US$8.6 billion in the same period, a year earlier. This was significantly higher than the consensus estimate of US$8.2 billion for the period.Revenues were in lin...

I always tell people when they look at their bank account, they think they have got maybe $50,000 in the bank. It says $50,000 CR. Credit. You are a creditor. It is the bank’s property, that $50,000. And they recognize in that document that they owe it to you. So, you have to watch out for that wo...