The European Union’s informal Wednesday summit meeting on the eurozone crisis ended last night with results similar to last weekend’s G-8 meeting in the U.S. The leaders emerged to announce they agreed that they’d like Greece to remain in the eurozone, but had made no progress on agreeing how...

I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After the wheels ground to a halt in mid-200...

The Market Is Starting To Recognize Reality is a recent market commentary by Comstock Partners Inc. The piece recognises that, once again, not unlike the situation last summer, optimistic forecast made at the beginning of the year are gradually fading and slowly giving ways to pessimism. I think tha...

As a financial publisher, literally dozens of investment reports come across my desk each quarter, and only occasionally does one capture my attention for more than a couple of minutes. Those that do touch a nerve and have me eagerly turning each page are rare indeed. But when I find one, I read it ...

We have been discussing the confirmation of our weekly sell signal and the implications of lower market levels in the coming weeks and months ahead. It is important to distinguish that the analysis was not designed for short term traders but rather longer term investors and portfolio managers who ar...

           Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE. Images: Flickr (licence) ...

US equity markets again finished pretty much flat on Wednesday after another big up and down session (once again insert any reason for this that suits your fancy here). Despite the recent ‘volatile flat days’ the market internals are still showing little signs of improvements or even hel...

With the market’s decline over the past week our longer term survey (200 day moving average evaluation) worsened with the long term trend of the market close to being downgraded another notch from neutral-bullish to neutral-bearish. Our more sensitive MATA survey fell meaningful from the prior we...

To this day, I wonder why Robert Prechter’s book Conquer the Crash has not been more widely recognized. It described in advance much of what happened in the 2008 financial crisis. Published in 2002, the book provided detailed descriptions of then-future economic scenarios. They were detailed v...

I’m tired of all the coverage of the Facebook IPO. Yet the IPO provides important lessons for investors, investment banks, the Nasdaq, and regulators concerned about the ability of the stock exchanges to handle high volume events. As everyone is aware, the Nasdaq system could not keep up with the...

US equity markets essentially finished flat across the board on Tuesday after marking some sharp gains in the morning and then promptly selling off into the close (insert any reason for this that suits your fancy here) ending pretty much where they started the day.  From a technical perspective the...

We have been discussing for the last couple of months about the weakness that will potentially show up in the economy as the unseasonably warm winter returns to more normalized, and if you live in Texas this means “hot”, weather. Today, we got the latest manufacturing release from the Ri...

Many commentators have surmised that hedging activity has significantly added to the riskiness of banks. That is the basis of the Volker Rule; to stop banks from gambling on finance with taxpayer insured deposits. What needs to be explained , however, is why hedging is so inherently risky. In his M...

Most of the major European indexes closed modestly higher on Monday, the first day of a week that includes a highly anticipated EU summit, and a day after Gavyn Davies featured a sobering chart in his FT commentary, The Anatomy of the Eurozone Bank Run. The EURO STOXX 50 index gained a quarter of a ...

Despite the fact that most US equity markets rallied in the order of 1-2% on Monday (May 21.), I must say that after performing the customary proprietary trend analytics modelling to review the S&P500 stocks I was literally stunned to see the internal technical deterioration on what should norma...

Many are bemoaning the fact that the market was so bad ahead of Facebook’s first day of trading.  They are suggesting that unloading the shares into such a market is a bad sign for the stock, and for the market as a whole. Facebook should come in at #2 on the all-time IPO size list.  So let’s ...