Market Thoughts

Ulli Uncategorized Contact

With some of the largest troubled financial companies (Citibank, Merrill Lynch) hunting the world for investment dollars, you’re probably wondering what terms they need to offer to get someone to come aboard and part with many billions. Apparently, learning from BofAs ill-timed original investment in Countrywide, the rules of the game seem to have changed. Mish Shedlock at Economic Trend …

Out Of Bubbles

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Yesterday’s market rebound had the bullish crowd finally doing some chest pounding after the downturn of the past 2 weeks. Does this mark a turn in the market place or will the bulls remains in hibernation? Bill Fleckenstein had this to say in his article titled “We’ve run out of bubbles:” I’ll begin the New Year with this comment: There …

The BofA And Countrywide Marriage

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I was just as surprised as anybody else when BofA announced an agreement to take over troubled mortgage lender Countrywide. As you may recall, BofA had made a $2 billion investment last year, when the stock price hovered around $18. Why would they now throw good money after bad? Some analysis I read offered the thought that maybe the Fed …

Sunday Musings: Dr. Housing Bubble

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Some time ago, I came across an interesting website dealing with the analysis of the California, and at times nationwide, housing market. The site is appropriately named Dr. Housing Bubble and, in a recent article (12/26/07) it featured a special edition titled “Real State of Genius: Today we Salute you California with Our Real Home of Genius Award! 10 Homes …

Definition: Debt Crisis Vs. Liquidity Crisis

Ulli Uncategorized 1 Comment

Several readers have asked if we are currently in a debt or liquidity crisis, or both. Minyanville’s Kevin Depew had an excellent write-up explaining the differences. Here is an excerpt: Here is an interesting data point that many may not have noticed. Since the Federal Reserve Open Market Committee began lowering interest rates on Sep. 18, the S&P; 500 has …

No Load Fund/ETF Tracker updated through 1/10/2008

Ulli Uncategorized 1 Comment

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bears continued their assault on the bulls and came out a winner again. Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +2.02% above its long-term trend line (red) as the chart below shows: The international index dropped to -7.20% below its own trend line, keeping us in …