A Midsummer Gold Rant (GLD)

Executive Lounge, Options Trader Elite

You’ll have to forgive us, but once in a while we come across an investment ‘study’ that’s so full of trumped-up asininity that we’re forced to break our silence and speak out.   And that’s what we’re doing today.   The foolishness under scrutiny comes courtesy of a man whose credentials are otherwise solid and […]

August 7, 2015

Overreactions and Oil (USO) Prices

Bourbon & Bayonets

Does it look like war? Sure smells like it. We’ll see how things shape up in the days and weeks ahead, but we have to warn readers that any kind of unexpected conflagration or a raising of the stakes in the Middle East or Ukraine could send an unwanted spook through the financial system. There’s […]

April 2, 2015

The Reality of Stock Celebrities and Apple’s (AAPL) Move

Bourbon & Bayonets

Once in a while, the mainstream media comes along with an article that’s so astounding in its clarity and incisiveness that we’re simply left dumbstruck. Generally, we don’t expect a great deal from them. And it’s true, they’re often more reliable as contrarian indicators of what’s ‘in’ and ‘out’ in the investment world. What they parrot […]

March 12, 2015

Southbound Markets (DJIA, TYX, TSLA, WMT)

Bourbon & Bayonets

For the past few weeks we’ve been warning about a rollover top in the making in the stock market, and it appears that something’s now afoot. We don’t want to jump into alarm mode, of course – it’s too early for that. And it’s more than likely there won’t be any need for alarm bells […]

December 11, 2014

A Walrus Thanksgiving (DXY, FXI, DJIA)

Bourbon & Bayonets

“The time has come,” the Walrus said, “To talk of many things: Of shoes–and ships–and sealing-wax– Of cabbages–and kings…” Lewis Carroll “I am the Walrus Goo-goo-ga-joob…” Lennon/McCartney Enjoy yer bird, gang! We’re monitoring two separate trends in the market as the turkey gets served this year. The first is the action on the dollar. And […]

November 27, 2014

The Slide is Complete (GLD, SLV, DJIA, DJTA)

Bourbon & Bayonets

The indexes are rising and the fears remain. And that combination bodes well for further market gains. It’s when we stop fretting about Ebola and Isis and Putin, and weak economic data from Japan and China and the Eurozone, and a too-strong dollar and an end to QE and what will be after the mid-term […]

October 23, 2014