Two things I find very interesting are housing and interest rates, which are intertwined.  This is definitely one of the things we need to keep an eye on.  Folks, this is why I am  bearish interest rates and bearish bonds.  I think we are going to see  interest rates increase and the price of bonds [...]

Today is the last trading day of the year, and folks, this has been one of those years where you just have to sit back, take a deep breath and be glad that it’s over. If I had told you that we’d go through what we’ve gone through—the tsunami/nuclear disaster in Japan, the Arab Spring, [...]

Folks, I’m making my way back to Chicago today after taking part in yesterday’s Biz 880 Miami Money Expo. Big thanks to Bull & Bear Institute, Currensee, Daniel “The MoneyMan” Frishberg, Charles Schwab and everyone who came out for making the event a rousing success. All the presentations and breakout sessions on stocks, futures, real [...]

Well, folks, we had a nice firm opening this morning after yesterday’s Greek-inspired selloff, and it feels like at least some of the fear may be behind us. The bounce today is important—it will tell us whether we’ve weathered the storm. Don’t read too much into it unless it continues into the afternoon, because this [...]

Folks, there is global selloff taking place, and I have to tell you, this one caught me by surprise. I’m usually the one waiting for that thing that comes out of left field, but I definitely didn’t expect this. Right now, it’s looking like all bets might be off for that year-end melt-up scenario I’ve [...]

Well folks, Jon Corzine, former New Jersey governor and head of MF Global, made what in our world is called a bad trade. He bought the PIIGS and sold France against it, essentially doing to Man what he did to the Garden State. Only this time, there is no Chris Christie to come to the [...]

Well, folks, we didn’t quite make that 500-point gain in the Dow yesterday, but we did see one of the biggest moves in equities in quite a while thanks to that perfect storm of events, capping off what appears will be a very, very big month. I was looking at some numbers, and if we [...]

Folks, as I’m sure you’ve seen by now, we are in the midst of a power move. The markets opened with a bang this morning, and early in the session it’s shaping up like it could be one of those days where we close 500 points higher in the Dow. I’m calling this a melt-up [...]