Archive - Nov 2010 - Blog entry

With a 25% increase in poverty among Canadians 65-plus, there is no pension conundrum...

Let's get back to jobs because I'm still not done unraveling that BS yet.

Every year celebrations of Thanksgiving give thanks for the blessings of God for our well-being. As a skeptic, curmudgeon, and capitalist, I attribute my blessings to free(er) market capitalism.

Bon Appetit!

The currency with the world’s worst fundamentals is finally making its move. (FXY), (YCS).

You can take anything you want, from Hank's Restaurant...

Ireland's new austerity measures are cutting into everything, including public pensions and Hungary is moving one step closer to nationalizing pensions...

Don't strip the Fed of its "Dual Mandate" ... just strip the Fed of its power.

If you are looking for guidance and clarity from the Federal Reserve, your trust will be misplaced. The recently released minutes of the Federal Reserve Open Market Committee's (FOMC) November meeting reveal a deeply divided Fed with no clear consensus on the effectiveness of their policies.

A question to ask.

At $19.20 a share, Cisco offers a PE multiple of 10 times, versus a market average of 15, the prospect of a dividend next year, and at 12%-17%, one of the most consistent long term growth outlooks of anyone. Did I mention that they get a majority of their sales from overseas, where growth rates are posting white hot double digit rates? Getting in on growth rates are posting white hot double digit rates on the cheap. (CSCO).

You're not the same!

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

U.S. stocks dropped more than one percent on Tuesday with two Korea's exchanging fire adding to the already worrisome Irish debt crisis in Europe. Europe's debt crisis has mostly been factored in, so the new development in Korea is what really jolted the market.

The market is limping in to Thanksgiving like Kenny Easterday with a broken wrist thanks to the European Union being on shakier ground than Gabourey Sidibe on a tight rope, North Korea dropping bombs on South Korea after South Korea's TSA apparently tried to touch Kim Jong-ils junk, and the Fed...