America's Economic Future – A Discussion By Ted Kavadas
Up until this point I have not commented upon the situation at MF Global. Two recent articles highlight the current state of what appears to be known and unknown concerning the situation, including the potential of customers to “get their money back.” These two articles are the January 30 Wall Street Journal article titled “Money …
Starting on May 3, 2010 I have written posts concerning the notable divergence that has occurred between the S&P500 and Chinese (Shanghai Composite) stock markets. The chart below illustrates this divergence; it shows the S&P500 vs. the Shanghai Composite on a daily basis, since 2006: (click on chart to enlarge image)(chart courtesy of StockCharts.com) – It is notable …
On October 17 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief fourth update to that post. My overall analysis indicates a continuing elevated and growing level of danger. I continue to believe the October 4 1074.77 low on the S&P500 will not be a …
U.S. Dollar weakness is a foremost concern of mine. As such, I have extensively written about it. I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar. Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits. The negative impact …
Yesterday (January 4, 2012) The Wall Street Journal had an article titled “Street Wary on Its Random Walk.” In this article, 2012 S&P500 price forecasts from 13 financial firms are displayed and discussed. As seen in the subtitle, the strategists at the 13 firms expect, on average, for the S&P500 to end 2012 at 1334, …
On June 29 I wrote a blog post titled “Financial Stocks – Notable Price Action.” I continue to believe that the “price action” of various financial stocks is disconcerting. I view the poor performance of these financial and brokerage stocks to be one indicator among (very) many that serves as a “red flag” as to …
In the June 29 post (“Financial Stocks – Notable Price Action”) I wrote the following: I think that the relatively poor “price action” of various financial stocks is notable. It is one of many current indications that overall stock market health is not as strong as a casual glance at the major indices would indicate. …
Gold has recently been in a correction (or consolidation) after a very steep rally. It appears as if Gold is at a critical juncture at present. As seen in the chart below (which depicts Gold on a daily basis, LOG scale, since 2008) Gold, at $1594.60/oz, is currently right below both the 200dma (depicted in …
In the December 19 edition of Barron’s, the cover story is titled “Buckle Up!” Included in the story, 10 “stock-market strategists and investment managers” give various forecasts including 2012 S&P500 profits, 2012 S&P500 year-end price targets, 2012 & 2013 GDP growth, and 10-Year Treasury Note Yields. As seen on page 27: The mean prediction of …
On October 17 I wrote a post titled “Danger Signs In The Stock Market, Financial System And Economy.” This post is a brief third update to that post. My overall analysis indicates a continuing elevated and growing level of danger. I have written numerous posts of some of what I consider both ongoing and recent “negative …