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Who Is Running This Market?

Last week at this time the Bears were firmly in control. The VIX had climbed to yearly highs and there was a fear in the market. All of the major indexes had taken a big chunk out their yearly return … Continue reading

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Is Russia Going To Blow Out Again?

Reality. It can be a nasty wakeup call. Vladimir Putin’s expansionist dreams are hitting a roadblock. I have been commenting for months about the idiotic policies the Kremlin has been taking in foreign affairs, the economic disaster the Winter Olympics … Continue reading

Profit Taking Or Near Term Top?

Stocks were higher early in the session on Wednesday, but after the initial surge profit takers provided some headwinds. When the final bell stopped trading the major indexes were lower by a little less than one percent. It was a … Continue reading

Not A Good Day For Warren Or Vladimir!

It wasn’t a good day for two guys who probably couldn’t be more opposite; both Warren Buffett and Vladimir Putin had their share of money problems. First Moody’s Investors Services cut Russia’s credit rating to one notch above junk status. … Continue reading

WOW!

What a day! Volatility is back in vogue. The Vix climbed to multiyear highs and investors had butterflies in their stomach. Mid day the DJIA had its biggest drop in over three years and bonds had their biggest rally in … Continue reading

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