Insiders have been net sellers for some time
One of our first screens is insider buying and selling. Although we think from time to time we might have some perspective or glint of information correct that the maddening crowd has perceived…
A few thoughts on an objectionable week
Who's writing this script? It's almost corny. How can you go over a cliff that everyone agrees is there and would be a bad thing to do? You probably can't but right now the market is starting to…
Apple’s Statement on Factory Conditions in China - NYTimes.com
.Apple gives people a lot of reasons to buy their products. They're beautiful, they work, and they are a good place to work for. I'm sure Apple will not disappoint its shareholders as well. Signs…
75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge
Compiled by Michael of Investment Watch blog, What a year 2012 has been! The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of…
Everything could be rigged
UBS Admits Rigging Rates in 'Epic' Plot This confirms my suspicion that much more than previously known about the markets is rigged. Over the years my market philosophy has heavily depended on…
Municipalities Fight a Proposal to Tax Muni Bond Interest - NYTimes.com
Muni buyers and owners listen up. If you haven't been paying attention you might not know but in the last week the value of your muni bond portfolio has dropped 5%. The trade that looked good after…
Robert Shiller: Don’t Await Housing Boom
No one knows more about housing than this guy. In fact no one knows more about the economy in general. He's the man in my opinion. There is a video of the entire Economics class he teaches…
Obama OK on Marijuana | Live Trading News
Recently, a friend and advisor to me who is a medical professional asked me if I had looked into any of the publicly traded marijuana opportunities. I hadn't but am starting to do that now. …
On Capitol Hill, Fiscal Talks Now Turn to U.S. Borrowing Limit - NYTimes.com
I thought this article from Saturday's NY Times was propitious and something Sax Angle readers could benefit from. After reading this, one can't help but draw the conclusion that we are heading into…
Rare Apple technical set up
Apple is now showing bullish divergence on both weekly and daily RSI charts. Note that the weekly RSI diviergence has been rare and even more importanly rarely wrong. What does that mean? After…