Tag Archives: DOW


Stalking the Bear Part 5: The Final Installment

No need to stalk anymore, the Grizzly is now in plain sight and gorging itself on hapless bulls.  I started the ‘Stalking’ series on March 30th with the intention of raising the awareness of readers to the dangers lurking in the financial forest. From the April highs to the recent May low, the S&P500 dropped 14.6%, NASD Comp. 15.6% and the […]

Stalking the Bear – Part 4: Paw Prints are Visible

The fourth installment of this ‘Stalking the Bear’ theme brings us face to face with the devastation created by a simple swipe of a claw. If a reader has heretofore been discounting my words as mere hyperbole than I do hope yesterday’s 3% free fall will act as smelling salts. Below you will find five paw prints, I mean charts, […]

Investment Strategy Turns More Cautious, Existing Home Sales, Record Auctions This Week, Galleon Grief

Stock Market Investing: The Equity markets were down across the board Friday as the week ended. Last week was a week of churning and distribution, two actions I hate to see during a market advance as they often mark the end of a rally. To make matters worse the churning has occurred at key areas of resistance on all three […]

RCM Editorial: Financial Stocks’ Effect on the DOW, Obama & the Stimulus Package, Greenlight Cap. & Gold

RCM Interesting thought: “Jim Bianco points out that if the remaining financials in the Dow were priced at zero, it would only lose another 300 points. So, they are rapidly running out of room to take the market lower.” While this thought has merit I would also point out that the financials will have an almost impossible time leading the […]