The latest AAII poll showed a bullish reading of 40% up from 34% last week. As we’ve previously stated, during this bear market, 40% has generally been a level where [ … ]
Category: Chart Of The Day
(Just Charts)
HOW ARE WE DOING?
Performance is everything. Scratch that. Risk adjusted performance is everything. I often stress how important performance and risk adjusted returns are here at TPC. I believe it is one of [ … ]
SOME GREEN SHOOTS
Cullen RocheMr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined [ … ]
THE PAINFUL PROCESS OF DELEVERAGING
The San Francisco Fed is out with an excellent piece on the long-term complexities of massive debt unwinds. This is an excellent summary of the crisis and one of the [ … ]
THE BIG MAC INDEX
The Economist founded the Big Mac Index more than a decade ago as a very interesting way to gauge currency valuations. From The Economist: Burgernomics is based on the theory [ … ]
THE BELL TOLLS FOR A HOUSING BOTTOM?
Recent economic data in the housing market has a lot of people calling a bottom in the housing market. Many industry insiders have even expressed optimism with regards to a [ … ]
NYSE SHORT INTEREST RISES IN APRIL
The latest monthly NYSE short interest data shows a monthly increase to 15.17B shares. Among the largest changes in short interest are Citi, Merck, Pfizer, Bank of America and Regions [ … ]
IS THE STOCK MARKET CHEAP?
Valuation has become one of the major reasons that the bulls point to when buying stocks, but if you look at past troughs during bear markets you’ll notice that the [ … ]
CORPORATE DEFAULTS AS A TIMING INDICATOR
Corporate defaults continue to surge in 2009 despite signs of “green shoots” all about us. We’ve spoken previously of the correlation between corporate defaults and stock market bottoms. S&P is [ … ]