Folks,
I just came across an absolutely straight-shooting fund manager on the Bloomberg site today: Hugh Hendry, Manager of Eclectica. He was the best performing European asset manager in the 2000-2002 bear market. He uses long-term technicals and fundamentals to guide his investment decisions.
Eclectica was concentrated in commodities (more specifically, gold) in 2003 and foresaw [...]

Folks,
A host of bearish variables have prompted me to take a bearish stance towards precious metals.
I offer a number of reasons for my contrarian bearishness on gold/silver here:
1) In spite of recent robust demand in the physical retail market (as has recently been reported by the press), gold is 13% off 52-wk highs. Silver, [...]

Dear fellow IBCers,
Earlier this week I noted that the long strategy for the next couple of weeks (while we waited for the broader market to potentially set up for the ultimate nosedive) would be to focus primarily on buying dips in healthcare — namely, the strongest sector in the current market. MOH, CVD, HUM and [...]

Here’s my take on the action going forward…
The oil trend is broken for the next few weeks. Sure, we may bounce for a day or two here on storm fears, but I don’t think storm jitters will do much to alter the technical damage and institutional outflow we’re seeing right now.
The USO is below its [...]