Kobayashi Maru

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The protesting in Hong Kong is in a lull and the ball is in China’s court. I had a talk with my son (10 years old) last night about it and had him work though the logic problem, possible scenarios, and to put himself in both the shoes of the Chinese, people of Hong Kong, Read more…

Hong Kong Freedom?

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We had a volatile week and it doesn’t look like it is going to stop this week. The market has been pushed up into the high range and with the upcoming election and FOMC meeting, the market seems to be at odds on what to expect in the future. There are those in the camp Read more…

The Battle

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Market pull back was significant and certainly has triggered concerns that a larger correction is looming. While I am expecting some significant pull backs in equities, I am not sure THIS is the start of a broader correction – not yet anyway. I am certainly not bullish the broad market based on strong fundamentals, my Read more…

Two Hawks Retiring

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We had a solid bounce yesterday as we saw the broader base Russell get into the top of the consolidation range. If we can see some consolidation on volume in the 1120 area, we could see a rally off these lows. However, my conviction is not based on sound economic fundamentals or growth and certainly Read more…

Buying Opportunity?

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The markets continue to remain under pressure, but the narrow based indices continue to hold up fairly well. I continue to mention the weakness and declines in the Russell (broad-based index), which is a better gauge of over-all order flow into the market. We need to continue to monitor the Russell index and watch for Read more…

Crossing the Rubicon

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The market came under pressure yesterday and we are starting to really see some weakness in the Russell index that is the most alarming. While the NDX, Dow Jones, and S&P 500 look fairly strong, weakness in broad-based (RUT) order flow reflects a wider trepidation to continue to buy into this market after recently hitting Read more…

Correction Looms?

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The FOMC meeting has come to pass, regardless of what adjectives are included or not in the text is immaterial, actions speak louder than words and actions remain accommodative. Alibaba IPO too much fanfare, the largest IPO ever and also the a Chinese company that by-passed the traditional foreign listing -> ADR methodology. So what Read more…

Alibaba IPO

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If we didn’t have the Fed FOMC meeting and the Scottish Independent vote, the only thing the financial media would be covering is the whopping Alibaba IPO. So should we buy it? Alibaba IPO Courtesy of wikipedia Should I BUY Alibaba IPO? I have been asked several times this week by friends who know I Read more…

When Doves Fly!

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As expected, or should have been expected by all, the Fed remains accommodative and dovish. The market bounced as expected, but there are some interesting disconnects, as if not all believe what they heard. Some still heard “hawkish” tones, even though nothing in the statement reflected that. Could it be they are more focused on Read more…

Deflation, really?

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While the media focuses on ISIS or is it ISIL and the massive Alibaba IPO, what I believe will have the broader impact to the market and may even be trend setting, at least through the mid-term elections, is the Fed monetary position and “how” one reads into the FOMC statement. We will get word Read more…

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