Independent Stock Analysis

No one has been more out of step with asset markets this decade than me. As Warren Buffett recently said, “Prices are sky-high for businesses possessing decent long-term prospects.” ( The Felder Report ). Unfortunately that’s not a good…

I have been out of step with the market for several years. The valuations and underlying fundamentals are pretty much outrageous. Perhaps the proverbial bell rang this week. Market internals have been horrible for quite some time, that’s…

Commentary on yesterday’s Employment Report at Value Plays , as indicators are positive . Long-Term Sector Charts and cheap money at Bespoke. Mining share are beat up enough for yeild’s to be meaningful . Value Investing Flavors at Aleph…

Silver Wheaton Shares Could Face Distress was published. Meanwhile, Bank of Japan Unveils Aggressive Monetary Policy and precious metals continued to fall. The Bollinger Bands are foreshadowing a big stock market move says Andrew Thrasher…

With gold ( Peter Brandt ) and materials ( Chess ) in deep trouble, the time to look around has arrived. Stock market leadership has narrowed marketly. I have long considered the consumer dividend plays richly priced. Europe is a mess and…

The precious metal complex is either broken or looking to begin a historic move. I don’t know which, but we’ll find out soon enough. The charts are interesting and biased at Gold Scents . David Stockman’s piece garnered a lot of attention…

Okay, a few things for this morning: A Little Perspective at Market Anthropology . Even cash is now at risk say long time super bear Albert Edwards . If Corporate Profitability ( Economists View ) is mean reverting, then a right shoulder…

More evidence the economic recovery is real by Tim Duy . Temp Staffing and Employment and Housing at Value Plays . Tax receipts are strong ( Dr. Ed ). The $85 billion a month in printing looks to continue indefinitely at Marketwatch . S&P…

ISA has been noting the real possibility the U.S. economy might see an increase to a still modest growth rate. Perhaps low consumer confidence is a good thing for the stock market ( Ryan Detrick ), by no means do the economy and stock…

Economy Shows Surprising Bounce: “Early-Year Progress Faces Headwinds, Though, as Washington Drama Still Spooks Many Businesses” Google the title at the WSJ . The case for optimism by Scott Grannis . “That figure was up from the low…

Seems most of the peak oil crowd is unable to recognize how the energy landscape has changed ; they still say the world will be short of energy and hydrocarbons soon. The cornucopian’s forget the planet is finite. Meanwhile, world oil…

Futures are higher because European policy makers agreed to steal 20% of Cyprus bank deposits above $100k Euro’s, staving off bank collapses. Global Investment Commentary from The Short Side Of Long . An in-depth look into 2013 by the…

It’s Do or Die time for Gold . For the last month we have chronicled the potential gold bottom. Either gold breaks and we calmly walk away, or we are still in the toehold of a historic rally. Regardless, speculators with starter a position…

In The Outlook for Energy: A View to 2040 . ExxonMobil says to think efficency. Canadian oil production is robust and at all-time highs. Financial Post 2 Trends Making Investors Money in the Canadian Energy Patch by the promotional Keith…

Why China is Tunneling a Mind-Boggling 800 Miles in 2 Years by Frank Holmes . Signs of Global Healing by Humble Student . Is the Economy Stronger Than We Think? by Bonddad . “Residential investment and housing starts are usually the best…

Mr. Market seem to take the Cyprus event in stride in impressive fashion. “During each of the first two quantitative easing phases carried out by the Fed, commodities appreciated by over 25%. However, following the announcement of QE3 in…