Tag Archives: indicators

The roller-coaster stock market.

The market continues to behave like a roller-coaster.  But will this ride ever end?  In the past, the ups and downs of stock prices have always mirrored the ups and downs in earnings, but this relationship seems to have broken … Continue reading

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Consumer Sentiment – down but still not down enough.

Over many years I’ve marveled at how reliable consumer sentiment has been as a contrarian indicator.  When it reaches rock bottom then the markets, followed by the economy begin to recover from a crisis – whether a recession or financial.  … Continue reading

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Fund flows point to continued strength in global equity markets!

Back in September I suggested that my favourite contrary leading indicator – the weighting devoted to equities by institutional investors – was pointing to an imminent rally in stock markets. Once again it proved robust. But what’s happened since then? … Continue reading

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Commodity Conundrum – gold, copper, nickel…

Although gold is a metal, its price has very little to do with cycles in the global economy and more to do with psychology and a myriad of other variables – and which are important at a given time is … Continue reading

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Road to rebound: What goes down must come up?

Through the Valley (New Hampshire) What goes down must come up?  I spend considerable time in my new book explaining that markets always recover.  The cynics argue it’s impossible to get the timing right, so why bother trying. I’ve been … Continue reading

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