Past and Future Between a Rock and a Hard Place In the world of trading the island top pattern is as rare a site as is the multi-million year old Taughenbaugh mesa. A classic example of mountain-top erosion, it was …
When the Bond Sugar High Wears Off The word “cake” and all it implies comes up a lot for me lately. The market rewards corporate profits and investors by letting them “have their cake and eat it too.” We see …
Long Bonds: The Market Rainbow’s Dead-End Photo by JR Lancaster Have the interest rates finally bottomed? If so, will that take the market’s somewhere-over-the-rainbow rally down a dead-end? After closing last week on new all-time highs, this week begins with …
Look Ma, 18,000 in the Dow and No Gremlin! For roughly a year and a half to describe market conditions, I’ve borrowed and used a concept from two classic TV shows. The Twilight Zone’s Terror at 20,000 Feet and The …
18,000 in the Dow-A Climb to Nowhere? Photo: JR Lancaster Last night we went paragliding. And we almost got the Dow to launch to 18,000! However, just as the Dow got within 20 points away from altitude, it did what …
The Dow Paraglides Towards 18,000 Wyoming Paragliding is a sport in which a wide parachute is attached to a person’s body with a harness. This allows one to glide through the air after jumping from or being lifted to a …
Has the Market Baked a Mud Pie or Fudge Cake? We came upon this sight while hiking after some heavy rains in Southern Utah. A captivating paradox where mud looks tasty enough to eat. After a long weekend and a …
Pockets Filled With Gold Mish as Charlie Chaplin Photographed by Kerry Sherck The film Charlie Chaplin wanted most to be remembered for is “The Gold Rush.”Indeed, last week’s market saw its own version of a gold rush. Cash gold ended …
Last weekend’s Daily asked, “But what if there is a man behind the curtain who can make everything all better simply by bringing him the broomstick of the Wicked Witch? What might that look like this week? We further queried, …
Don’t Put Away Your Umbrella Just Yet Do You See What I See? My friend’s garden illustrates the contents of my head concerning the market. Spectacular indeed, with many flowers blooming, some still budding, bees harmoniously feeding and dark clouds …