There are plenty of "Year in Review" articles in mainstream media and on the Web. Here at "A Dash" we try to add value, so we are not going to tread the same ground. Instead, let us offer a few ideas that seem to have been neglected.
Looking for Causation
Investors looking forward, as they should, need to understand what happened in 2008. The easy explanation, which has plenty of truth, is that there was too much leverage, too much greed, a poor job by rating agencies, and a system that sold homes with teaser rates to... Continue Reading
Submitted ByJeff Miller
There are plenty of "Year in Review" articles in mainstream media and on the Web. Here at "A Dash" we try to add value, so we are not going to tread the same ground. Instead, let us offer a few...
Submitted ByContrarianProfits
Dollar rises to 3-week high vs euro on stimulus hopes… Oil prices fail to hold gains above $48 a barrel… Abu Dhabi Dec gold sales fall 40 pct month on month.
Gold slid more than 3 percent in Europe on Monday as the strengthening dollar knocked the metal’s appeal as a currency hedge, and...
Submitted ByCorey Rosenbloom
Similar to the chart of Crude Oil, let’s take a moment to see the structure of the US Natural Gas Fund - UNG both on the weekly and daily charts. There’s some interesting divergences that might be of interest to you.
UNG Weekly Chart:
The Fund started trading in mid-2007 during a sharp...
Submitted ByContrarianProfits
Debt prices plummet, dollar gains… U.S. stocks fall on profit-taking but rise in Europe… Dollar at 3-week high vs euro on hopes for stimulus plan… Oil gains as Gaza fighting raises Mideast supply worries.
News about a planned U.S. stimulus package helped pull investors into the dollar on...
Submitted ByContrarianProfits
The economic calendar wastes no time getting off to a busy start in the first full week of 2009. The Construction Spending report for November this morning leads off the week, and carrying over from last year, it should show a continued slowdown. Until the housing market stabilizes, and the...
Submitted ByContrarianProfits
As President-elect Obama toots his green-energy horn, the smart money in Silicon Valley is reversing its position on the moneymaking potential of wind, solar and geothermal power sources.
The pullback by Silicon Valley’s venture-capital elite is part of a complete overhaul of its investment...
Submitted ByContrarianProfits
On New Years eve day, gold got sold off in the Far East a bit…and then the down trend accelerated through London trading, with the bottom being the London p.m. gold fix. From there…and to everyone’s surprise…the price took off to the upside with some real authority. True, there hadn’t...
Submitted ByContrarianProfits
The Canadian Markets continued to march off their 2008 bottoms during the first day of trading in 2009. For the tale of the tape, the TSX Exchange added 2.74%, while the TSX Gold Index was the lone loser falling 2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked...
Submitted ByContrarianProfits
The base metals were all sharply higher on Friday. Copper rose from the late pre-dawn hours straight through to afternoon, only just coming off its intraday high to finish at $1.4273/lb., up 14¼ cents from Tuesday.
Nickel staged a very strong upmove, building on Wednesday’s short session gains...
Submitted ByContrarianProfits
Gold slipped in the overseas markets, bottoming at $868 right at the New York open, moved higher to mid-morning, then went flat for the rest of the day in thin trading, finishing at $874.90/oz., down from the shortened Wednesday session but up $1.30 from Tuesday. For the week, gold added 4.4%...