My apologies to the French and the late King Louis XV, for slightly reworking a phrase attributed to him, “Apres moi le deluge” (After me the deluge). The king had it right. Within 18 years of his death the French Revolution erupted. A better word for “deluge” might be “cataclysm.” Apres “Brexit” le deluge? Based on…
Tag: Mark Hulbert
“Nasdaq surge is triggering tech-bubble flashbacks”
This was Barbara Kollmeyer’s ‘if it bleeds, it leads’ banner headline, Friday, July 17 (MarketWatch). Ms. Kollmeyer goes on to say, “some strategists are starting to think either history could repeat itself for technology stocks, or we could be opening a nastier chapter in the book of bubbles.” For all the gory details, click HERE….
Where’s all that sideline cash?
According to Mark Hulbert, the cash on the sidelines is a myth. What appears to be a bullish argument for the stock market turns out to be a compelling case for why it’s in trouble. I’m referring to the notion that a huge amount of cash is sitting “on the sidelines,” as investment professionals say….
Session 123–Here we go again!
It’s September for Pete’s sake! And, the pundits are feasting on seasonality and the fact the that bad things have happened in past Septembers and Octobers. Just because the market has had a few bad experiences in these months (like September of 1929 and October of 1987), the “nattering nabobs of negativism” are out to…
Session 106–What’s up with the ten-year U.S Treasury Note?
Well, for one thing, the price is up. Conversely, the yield is down. As of 9:30 PM CDT, 5/8/14 the yield stood at 2.61%, down from 3% at the end of 2013. This, according to the media wonks and pundits, was not supposed to happen. Rates were supposed to go up as people fled the…
Session 101–April is the new May?
Despite the title, session 101 is not about the weather or climate change. It is about that old market saw, “Sell in May and go away”…a reference to a quirky market seasonal pattern showing, on average, a greater propensity for market profits in the winter vs. less profits in the summer months. Mark Hulbert (The…
Session 100–From bad to ugly to totally disgusting!
Scary…Painful…Ugly Well, what did you expect? This looks like that ugly correction we have mentioned in several posts made in the last year, worrying about a problem that had yet to happen (a la Mark Twain). The chicken looks like it finally has come home to roost, and it is probably a good thing…
Session 93–“10 things the gun industry won’t tell you”
Interestingly, this was the “Number 1″ searched article in this morning’s (March 8, 2014) edition of MarketWatch.com, followed closely by: 2. ” 7 signs we are near a market top” 3. “How to prepare for the next bear market” The banner headline was: “How the S&P 500 gets to 2500 next year” What struck me the most…
Session 76–“‘Crisis’ is a state of mind”
“Stock market could be hitting dangerous triple top.” With headlines like this you don’t have to be concerned about the integrity of that “Wall of Worry.’ What is even more overwhelming is the lengths to which the authors quoted in this piece would go to make their fearful point. What is a ‘triple top?’ In…