ManyPeaks.com

One of our readers (and valued clients!) asked for more detailed charts regarding yesterday’s post about Europeans’ returns owning United States stocks versus those a US investor achieved.
The chart below shows both the Euro vs. Dollar relationship and the Dow Jones Industrial Average for the past 10 years. Euro vs Dollar is always […]

If you’re a European investor who’s owned the Dow Jones Industrial Average since 2001, you’ve taken a much bigger beating than us dollar-denominated locals. The greenback’s plunge is of course the culprit.

The “Euro-Dow” sits at the equivalent of only 7200 — versus the true 11,300 close on Friday.
Thanks to Alea Blog for this startling […]

We have been honoring some of my mentor RevShark’s words this week. Saved from a long-ago post on RealMoney.com, I break out this quote whenever the market gets dicey.
“Keep the Damage to a Minimum.
If you can avoid taking a large hit now, you will be much better positioned when things get better.”
Words to invest […]

Both technically — our forte — and fundamentally.
Our friends at 1440 Wall Street posted some solid logic today from Pimco’s El-Erian today regarding when it’s smart to buy either the debt or equity of companies in an industry that’s recapitalizing rather than expanding. Umm, kind of like where the financial sector finds itself today.
We […]

My just-posted bullish posture (sentiment-wise) in Crude Oil is balanced by a textbook sell signal on the Daily chart.

The Oil ETF (USO) reflects futures markets, which both have just experienced an upside move outside the 4-month uptrending channel. In short, it looks euphoric and ripe for a pullback if not all-out top. FWIW […]

Using history as a guide, this spike in Oil prices will likely not burst while so many people — frustrated from previously wrong calls of a top at $80, $90, $100, etc — continue calling it a “bubble.”
The absolute peaks of moves like this typically aren’t reached until even the bubble-callers give up, get quiet, […]

We’ve locked in pretty solid gains for the month of May. With Monday’s holiday and likely slow trading, it’s time to take a breather and give the market an opportunity to show its hand.
Time for some humor that just never gets old.. a hilarious Jim Cramer impersonation:

Oh no. Not even close.
Stocks rallying on bad news is not remotely uncommon. It’s usually the result of portfolio managers using a “well that was bad but surely the worst is over” rationale.
The market’s real enemy is uncertainty. And that’s what it got in spades, with today’s news that the […]

After gapping up at the open, the market sold off mid-morning on rumors of US Navy contractors firing on Iranian gunboats (story was later refuted).  As of the lunch hour, we’re back to flatline.
I remain in a bullish mindset for two reasons.  First and foremost, there are lots of great looking individual stock charts available […]

John Carter, proprietor of TradeTheMarkets.com is one source.
In tonight’s (free) missive, he makes an interesting point regarding the Treasury Bond market, Fed, and yield curve. It’s in the 2nd half of the 4-minute video.
An interesting — and semi-conspiracy — theory that just might be correct. He’s basically saying that if long-term interest rates in […]