Posts tagged as:

market bottom

For just about the past year (2008-2009), natural gas prices have been in a major secular decline, breaking below the $3.00 mark with some analysts having speculated they could go to zero.  Just this past week, however, we’ve seen a small surge in the nat gas index and investors are responding with inflows of cash [...]

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So, we’re finishing up the eighth straight week of the bear market rally of March-April 2009.  Everyone’s asking how long it will last.  Last week, Schiff mentioned the rally in passing, but this week he addressed it head on.  Simply put:

both some bears and some bulls are wrong going ahead
stocks are up in nominal [...]

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We all want to know when the market is going to bottom.  Well, right now it’s definitely at SOME kind of bottom. So start dipping your toes in if you’ve not been paying attention for a while (buy some of the Canadian banks that Obama likes so much) – there are great sales out there [...]

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This is what was feared would happen.  If the DOW managed to stay above 8000, we might be in for a recovery.  If it drops below 8000 again, all bets are off. Today, following Geithner’s speech, which provided little new information on the stimulus implementation, markets started dropping like it was another Lehman Brothers bankruptcy.
Overall, [...]

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Industrial equipment supplier Toromont’s earnings actually GREW this past quarter.  Earnings were up 25% for the months of October, November and December 2008 – right on through the huge meltdown.  How is that possible?  It seems like this helps build the case for an infrastructure-led turnaround, even though Boeing just laid off a bunch of [...]

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This mess started in the financial sphere and it’s going to have to get cleaned up there first, before strength can spread to the rest of the economy.
Today British bank Barclays PLC reported “better than expected” earnings for the last quarter.  They still lost profits, but not as much as was expected.  Their profits were [...]

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A “Santa Claus Rally” refers to the final week or so of trading of each year – if, that is, there is a rally in the stock markets during this time.  Doesn’t look like there’s going to be for this year.
With the holidays I haven’t been around on this blog as much, but hopefully that [...]

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