Insights

The move up from the lows of Monday PM has been pretty impressive. We had some profit-taking at the end of the day today, but all in all, it has been a good couple days for stocks. We broke above the downtrend line of the last few weeks which is a very good sign....

Here's a link to the best article I have seen on a brief history of the Grecian debt crisis, including the Socialist's decade-long borrow and spend spree, hiding the true size of the deficit for years aided by Goldman Sachs and other banks and over the top benefits to...

Here's the timetable on a Greek default, which as I have been saying is just a matter of time. Later this month the IMF is due to make the sixth installment of an 8 billion euro loan to Greece. However, Greece has not met the austerity requirements and if the payment...

The US market, as has been its pattern lately, followed Europe's lead again today and finished up 0.9% - 1.7%, depending on the index. Tech stocks fared best. Bonds were down slightly while gold and oil were both up over 1%.

The markets came back down to and slightly below the low of a week ago and then shot up 2% from there near the end of the day to finish 0.7% to 1.1% higher for the day. That is purely technical chart-driven trading having little to nothing to do with news. Last week's...

A Greek default is all but certain, now. It is just a matter of time and will likely happen before 2012. It is just now being discussed publicly, as is how to kick Greece out of the Eurozone group. The problem is that the organizing documents prohibit it. Greece has...

The increasing risk of default by Greece was talked about Friday in Germany and plans are being made for handling such a crisis. Opposition to continued bailouts continues to build since Greece has not met the terms for qualifying for new aid. There is also talk of...

It was another volatile week for stocks. The week ended with the major indexes down 2% for the shortened week. Near-term upside and downside potential are about 8% either way. The intermediate trend is down. Banks fared the worst. Gold mining stocks were up on the...