| 12 votes

Is there a doctor in the house? I think the bull market just caught a taperworm infection. What’s a taperworm, you might ask? Well I’m not quite sure exactly what it is... but what I do know is that the symptoms can make a bull very uncomfortable. You see, the latest leg to the market rally has been chugging along…
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| 17 votes

It was another clean sweep for the markets yesterday.  The Dow, S&P 500, small-caps, mid-caps, transports and you name it all closed at record highs. The bulls continue to have the run of the house. And we know the driving force behind this rally hinges on the massive liquidity that the Fed is pumping into the system.  Currently, the Fed…
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| 15 votes

Last week we tackled the question, Should You Sell in May and Go Away? And if you followed along, the main takeaway to my argument was that I felt that this year would take a much different path than the previous three years, which resulted in meaningful corrections that ensued right around this time of the year. If you recall,…
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| 23 votes

The stock market wasted little time in giving you a quick reminder that it’s time to hit the sell button. Yesterday of course was the first trading day in May, and the 1% decline in the S&P 500 was the biggest daily loss to begin a new trading month since last June. And this comes just after the index reached…
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| 15 votes

If there’s one solid clue as to what’s really powering this market higher, look no further than to what transpired immediately after Tuesday’s midday fake Tweet from the Associated Press. “Breaking: Two Explosions in the White House and Barack Obama is injured”   That was the chilling Tweet that was sent out at 1:07 p.m. by the AP’s authenticated Twitter…
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| 28 votes

Gold has absolutely gotten pummeled. Once it broke a key area of technical support, the trap door was sprung and Gold plunged like it was falling down a bottomless pit.  The two-day purge that swiftly wiped away $200 per ounce was the sharpest sell-off in thirty years! And even though the June Gold futures contract settled at $1361 on Monday,…
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| 12 votes

How much do you pay for your auto insurance policy? I know it’s not cheap... But how would you feel if you could cut your premiums by 30% and still maintain nearly the same coverage protection? I’m sure that would be something that would definitely grab your attention, wouldn’t it? Unfortunately I can’t offer you a discounted auto policy, but…
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| 24 votes

The bulls have had plenty to celebrate as they closed out a very memorable first quarter. The Dow Jones Industrial Average gained 11.2% and finished at an all-time high.  It was also the best quarterly start in fifteen years. The S&P 500 gained 10% and made history on the very last trading day of the quarter, finally eclipsing the previous…
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| 15 votes

I'm on holiday this week, but things are getting interesting over in Europe, so I have a few quick thoughts... All the banks in Cyprus have been closed for the past twelve days.  Today they reopen. And they weren’t closed to celebrate the Cypriot New Year or anything like that.  They were shuttered because they were on the brink of…
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| 19 votes

Well it looks like Cyprus has become the latest scare du jour.  After this past weekend’s ill-conceived plan to force bank depositors to shoulder a hefty portion of the country’s much needed bailout, markets were caught off guard, sending stocks lower on Monday and Tuesday. The Cypriot parliament flat-out rejected any terms or conditions that included haircuts on bank deposits.…
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