Market Commentary Blog Posts

Currently, the stock market rally has been defined by a complete lack of Leadership. Leadership is a concept that I was introduced to by James Stack over 25 years ago. He used it as one of his tools to identify the 1987 top and the early 2000s dot...Read more

Stanley Drunkenmiller, the legendary investor whose track record makes Warren Buffett's seem pedestrian, is on the record saying he is short US Treasuries (i.e. betting on higher interest rates). This announcement is quite incredible for two reasons...Read more

Goldman Sachs, possibly the de facto leader of Wall Street, is calling for much lower average returns for the S&P 500 over the next 10 years. Here is excerpt from Yahoo!Finance: Goldman Sachs forecasts that over the next decade the S&P 500...Read more

[Disclosure: We own several uranium mining stocks including, Cameco (CCJ), Denison Mining (DNN), Nexgen Energy (NXE), Uranium Energy (UEC), and Energy Fuels (UUUU).] Amazon announced last night that they will be building small nuclear reactors in an...Read more

(Disclosure: Our firm and our clients' SMA accounts are long various energy contracts, ETFs, and equity positions linked to the oil and gas space.) This morning, CNBC posted an article titled " Why oil prices haven't skyrocketed on Middle East...Read more

Today, the FED cut rates for the first time in many years, choosing to go big with a 50 bps cut. This suggests rates are headed lower for a while. However, on the long end of the interest rate spectrum, rates didn't go down at all, rather they...Read more

I just have to pose the question, what in the world is going on with the stock price of precious metal miners? Gold just closed at a new all-time high and, more importantly, it just completed the confirmation of a bullish “Head and Shoulders Pattern...Read more

The news is reporting that orange production this year will come in at its lowest levels since 1937. Weather and climate change are blamed for the acute shortage this year as two nasty freezes hit Florida crops this past winter. The bigger issue...Read more