Please Note: Our offices will be closed from December 24th to January 5th but I will continue to post on the blog from time to time. U.S. Stock Market – Did this guy steal the “Santa Claus” rally or was it all compacted into last Tuesday’s hoorah on the Fed’s announcement? Far be it for [...]

This perma-bear has decided to jump back into oil. The risk-reward has moved back to the reward side. Back a year or so ago, I stated that “Peak Oil” was real but its impact won’t be truly felt until the next economic cycle. While that cycle appears a long way off given all the problems [...]

Week after week, month after month, we’re told all these bail-outs and programs will do the trick. The “Don’t Worry, Be Happy” crowd on Wall Street wants you to believe Uncle Sam will do what’s needed to make life wonderful again. Before you buy into this fantasy, watch this TV report on a government program [...]

You know you’re in a serious bear market when you correctly foresaw a particular price movement and a place where you would look to buy if it gets there, only to have that price objective reached and you’re too scared to pull the trigger. That sums up my position on oil. $40 has been a [...]