Fast Facts

Don’t Panic! “Officially” It’s Just A Correction!

How many times have you heard or read this in Big Media the past few days? “Don’t panic. It’s just a correction.” Since it’s, “As seen on TV!” it must be good advice, right? “10% is an official correction,” the big media pundits tell you. Apparently, the 10% Rule was passed by Congress, signed by the President, and ratified by the…

More Great Reads

The US Economy Is Not Awesome And, No, It’s Not Decoupled

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When the bubble vision stock peddlers get desperate, they talk de-coupling. So by the end of today’s bloodbath you would have thought China was on another planet, and that “commodities” were some trinket-like collectibles gathered by people who don’t wear long pants, drink coca cola or jabber on their cell phones. On these fine shores, of course, its all awesome from sea…

Rigor Mortis Of The Robo-Machines

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Call it the rigor mortis of the robo-machines. About 430 days ago the S&P 500 crossed the 1973 mark——-the same point where it settled today. In between there has been endless thrashing as highlighted below. Surely most thinking investors have left the casino by now. So what remains is chart driven trading programs, racing madly…