Author Archives: Jason Kelly

Don’t allow the media barrage of negativity to keep you from cashing in on these amazing times. Leave the paralysis to others. Take action to get ahead. The S&P; 500 is down 39% in the last year despite yesterday’s fabulous 11% rally. I’ve written extensively about the importance of scaling into solid, long-term positions via […]

Don’t look now, but futures are up this morning. You read that right. Here in Japan, the Nikkei gained 6%. The Hang Seng gained 14%. As I leave the office for the night, London is up 2%, Frankfurt is up 6%, and Paris is up 3%. On Sunday, I wrote to subscribers: The only way […]

From Federal Reserve Governor Elizabeth A. Duke’s Oct. 23 testimony before the Senate Committee on Banking, Housing, and Urban Affairs, U.S. Senate: The Federal Reserve System is working to develop solutions to rising foreclosures. Preventing avoidable foreclosures is good for borrowers, communities, and the economy. A number of efforts are underway. The Federal Reserve has […]

The Magazine Cover Indicator is contrarian. It says to sell what magazines say to buy, buy what they say to sell, and do the opposite of what they say about the current market. The idea is that magazine reporters are not paid to go out on limbs. They are paid to report the current mood, […]

The situation here in Japan has finally become so bad that non-financial people are chattering about it. That’s a bigger moment than it is in America, because a much smaller percentage of Japanese than Americans follows markets and the economy. Almost every Japanese person’s assets are in (1) a depreciating house, (2) a depreciating car, […]