T2108 Update (August 5, 2015) – The “Fleckenstein Indicator” Flashes Bright Red

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

T2108 Update (October 7, 2014) – A Second Oversold Visit As Sellers Start Taking Control

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

Buy Gold Miners Instead of Gold Bars?

This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2011. Click here to read the entire piece.) Bill Fleckenstein is my favorite investor in gold and silver (he is on the board of directors for Pan American Silver Corporation [PAAS]). In his latest post on gold, Fleckenstein broke … Read more

Insider Buying Major Fail: Jon Corzine and MF Global

I am a big fan of trading on insider buying (for example, see “The Market Is Ignoring These Insider Buys, But You Should Not“). So when I read that Jon Corzine had invested $3M of his own money in now bankrupt MF Global, shivers went up my spine. In “Why MF Global’s Collapse Matters“, Brett … Read more

A Danger of Inflation: The Misallocation of Resources on the Way to Sustained Price Increases

(Adapted from original article in Inflation Watch) In January of this year, Professor Russ Roberts of George Mason University invited fellow economics professor Don Boudreaux to address “Monetary Misunderstandings” on the weekly podcast “EconTalk.” From the synopsis: “Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts on some of the common misunderstandings … Read more