Monthly Archives: August 2011

Translating Financial Gurus

Posted on August 26, 2011 by J.Wenger

Here is an example of how to translate financial talking heads. Hat Tip: The Big Picture Sources: Thanks Jim Abstruse Goose http://abstrusegoose.com/391

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Japan 2.0 Chart Pattern

Posted on August 23, 2011 by J.Wenger

With the sell-off in equities in the month of August, the U.S. markets are now mirroring the Japanese sell-off back in 2000. From a technical analysis perspective, the chart below is creepy. It suggests that US stocks could fall a … Continue reading →

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Banks Charge for Deposits

Posted on August 20, 2011 by J.Wenger

It was only a matter of time, but we are starting to see actual NEGATIVE interest rates on bank account balances. On August 6th, the Bank of New York Mellon Corporation (BK) announced a new annual fee will be charged on … Continue reading →

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Market Commentary – Bear Market Far from Over

Posted on August 20, 2011 by J.Wenger

Below is more commentary from another investing firm (Comstock Partners, Inc.) on the recent market turmoil. The market erroneously assumed that the recovery would follow the pattern of typical post-war expansions and rallied strongly from the early 2009 bottom to … Continue reading →

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Markets aren’t falling – Deja Vu – 2008

Posted on August 8, 2011 by J.Wenger

Remember…the markets aren’t falling…they’re just undergoing a gravitational altitude correction. http://media.mtvnservices.com/mgid:cms:video:thedailyshow.com:164179 The Daily Show – Crisis in the ChartlandGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook http://www.thedailyshow.com/watch/mon-march-17-2008/crisis-in-the-chartland

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Market Futures – Ugly Edition

Posted on August 7, 2011 by J.Wenger

“Hold on to your butts.” – Samuel L. Jackson – Jurassic Park Sunday evening and market futures are down ~2%.

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United States loses AAA credit rating

Posted on August 6, 2011 by J.Wenger

I guess it serves me right for heading to bed early on a Friday night. I wake up to terrible news for the US investor. Our bluff has been called. I can’t say I’m surprised. We were living on borrowed … Continue reading →

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