Jimmy! We’re Stuck in a Market Maelstrom! (GDX,DIA)

Jimmy! We’re Stuck in a Market Maelstrom! (GDX,DIA)   That’s the way bookie fumbles, folks.   You enter the casino either as an oddsmaker or a bettor, and it doesn’t matter which – in both roles you run an equal risk of exiting a loser.   And that’s the lesson of the last week in equity markets, too, a period that witnessed volatility jump from near record low levels to VIX 50 yesterday!  A 1600 point drop on the Dow also made history.   Yet the masses still don’t understand the nature of the beast.   If sentiment levels are any guide – and they should be, because that’s the only thing that’s truly guiding…

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What are ya? Some Kinda Martian from Pluto!? (GDX,GLD,XBI)

What are ya? Some Kinda Martian from Pluto!? (GDX,GLD,XBI)   We get a good bit of hate mail.  Some of it derides our penchant for options trades, a realm of investing that many believe too fraught with danger to enter.  Others believe that options trading is only for the ultra-wealthy, as margin requirements make a good number of our trades prohibitively expensive to launch.   And we admit it’s sometimes the case.   But the hate mail that’s most venomous generally revolves around the ‘market top’ theme that we regularly write and recommend toward. Beyond our understanding that this greatest of all bull markets is now in the process of making a final blow-off top,…

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Organic Investing (HAIN,LMNR,GDX,JPM)

Organic Investing (HAIN,LMNR,GDX,JPM)   The real question is how many people are prepared to put a seed in the ground, water it and watch it grow, helping it along with whatever nourishment it requires – fertilizer, water – until such time as its fruit can be plucked and eaten.   Are you among that bunch?   And why is it so important?  Why is it ‘the real question’?   Call us crazoids and renegades, but that’s the way we see it.  The time’s a’coming when those who can pull their sustenance from the good earth will be the ones to endure.  While those who rob, steal and fake their way through life, posing as specialists…

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Salvation Arriveth! With a Lithp (GDX)

Salvation Arriveth! With a Lithp (GDX)   There’s little more to be done.  It’s now time to sit back and let the whole cursed affair unfold the way it must – with a bang and a bellow and a long draw of gin.   What we’re talking about is war – the longest war.  It began back in 1950 and there’ve been cease fires and flare-ups, but there has been no victor – and there’s certainly been no peace.   But all that’s going to change now.  Now, we’re going to bring things to a head.  That little peninsula on the far side of the ocean, where North and South Korea abut, and China and…

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Normandy Brass Indicted for Deep Sea Slave Ring! (NVDA,TSLA,GDX)

We’re going to lead off today with a recap of our year-end predictions from Stock Market Superhero, our annual foray into the dark arts, in which we dipped our Ouija boards and crystal balls into our witchy Normandean tea leaves to offer you our best thinking on the last half of the year.   In this installment of Wall Street Elite we report on just how accurate those predictions were.   And we lead off with the Dow.   Our prediction for the grand-daddy of all indexes was…   On the Last Day of 2016, you can expect to see the Dow Jones Industrial Average to be cruising in the vicinity of 20,000, though we’re…

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Goose Feast! (RSX,SWHC,GDX)

Many will consider it a banal observation, but we believe it otherwise.   The phenomenon of new money – brand new money – entering the stock market after years on the sidelines, is of monumental significance and is going to accomplish several important things.   But before we outline them, take a look at exactly what we’re talking about.   Here’s an amalgam of two charts, the Dow Industrials and Transports, that includes volume figures for the last two years’ trade. The chart makes it clear that something extraordinary has taken place.  To wit, a buying spree that outright dwarfs the trade of the last 24 months – indeed, in terms of sustained day-over-day volume,…

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Cancel the Rally! The Prez is a Ruskie! (LUK,HSY,GDX)

How many times do you have to be told?   When your betters know what’s good for you, you don’t question them.  You bloody well listen up, take your medicine and shut your bellyaching trap.  The days of you choosing what’s best for you are over, dearie.  You’ll simply have to get used to it.  Those in the know will decide.   Or, as someone once pithily put it – the strong do what they will, and the weak suffer what they must… We’ve come a long way from democracy serving the will of the people, from elections being a test of ideas, and from public service stemming from a desire to enact the decisions…

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Markets Go BOING! (GDX,SLV)

We’ve got our eyes fixed on several items at the moment – the first is the dollar, the second the bond market, particularly the long end of the Treasury curve.   We’ve discussed both at length, and readers of these pages are familiar enough with our views.   So for those who are new to the glorious halls (and impeccable wit) of the Normandy mansion, we sum it up for you here in brief –   First, the dollar will continue to rise, particularly as the U.S. equity market and American assets are come to be seen as the last game in town.   The bond market will continue to sell off, with the lion’s…

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The Madness of Trade Liquidation (TLT,AAPL,OLN,PM,MO,GDX,IYT)

You’ll have to forgive our French, but there are several sectors of the market that are taking an absolute ass-kicking at the moment, and we’d be completely remiss if we didn’t pony up and say something about them.   The first is the long bond – the entire Treasury complex, in fact – that’s been given a vicious stomping of late; its worst takedown in a year and a half.  But when you throw in the technical damage done, we can’t remember seeing a month this bloody since the meltdown of 2009 gutted close to 30% from Treasury investors’ pockets.   The second is the precious metals, including gold, silver and the miners, all of…

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CONFIDENCE RETURNS! [MONEY FOLLOWS] (GS,GDX,IYT,FB,UUP)

Not even Donald Trump shoots from the hip like we do at Normandy.   You will not get any straighter answers delivered on things that matter, without all the blather and hype, as you do here.   And more than that, you get it with a dash of humor, too!   So count yourselves among the luckiest, and possibly richest sons’a’birches in the investment world.  And all thanks to us.  The planet’s wisest and humblest newsletter publishers. You’ll remember that some three weeks back we tipped you off regarding the market’s likeliest reaction to a Trump victory vs. a Hillary win.  We even drew a picture for you that the bigwigs in management decided to…

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