March 2014

This Week on TRB

Here were the most read posts on TRB this week, in case you missed them:   photo: Three young Ukrainians take a break in front of a luxury fashion shop near Independence Square in Kiev, Ukraine, on March 11. The U.S. and European Union have threatened sanctions against Moscow over the military standoff in the strategic Crimean…

Chinese Fire Drill

Asian markets were walloped overnight and are starting to look more and more like the culprit for recent weakness in US equities. China GDP Growth rate expectations are being slashed by The Street while the Chinese equity market continues its slow-motion crash. Some important reads on the topic: Big investment banks rush to cut China…

Why did the stock market sell off today?

Wall Street Journal: Tensions in Ukraine and the Crimean peninsula Yahoo Finance: Russians Fox Business: Obamacare CNBC: It didn’t sell off at all, it was actually a reverse rally Forbes: Taxes are too high Huffington Post: Taxes are too low Fox News: Gay marriage Motley Fool: Sign up here to find out! Bloomberg TV: The…

Twitter is the New CNN

As Operation Desert Shield became Operation Desert Storm in 1991, the world tuned in to the action on CNN – they turned the channel on and left it on until the war was won. It was the fledgling 24-hour news network’s big moment – no one was yet convinced that all-day, non-stop news was a…

Happy Five Year Anniversary?

Five years is a long bull market – but far from the longest on record. It does, however, meet the duration of the last bull to within minutes. Chart below via my pal Chris Kimble of Kimble Charting Solutions, click to embiggen as always:   Follow Chris on Twitter @KimbleCharting

A man and his signals

Once upon a time there was an egotistical man who sold subscriptions to a stock market research product based on the premise that his “signals” could tell people when to buy and sell. To get attention for his service, he railed regularly against the Wall Street establishment, whom he referred to derisively as outdated, hopeless…