Category Archives: Uncategorized

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, […]

We here at The Kelly Letter have been buying into weakness, such as what we saw yesterday. That’s not the only take on this market, though. In the interest of offering a well-rounded view, here’s a different perspective from frequent site contributor Dave Van Knapp of SensibleStocks.com, sent to his readers on Tuesday night: Have […]

The New York Times has done a great job following the troubles in the economy. Its credit crisis indicators interactive page is a handy way to keep tabs on the freezing and — let’s all hope — thawing of credit markets. Here’s what it showed yesterday: 3-Mo Treasury Yield is RISING: 1.07%, up from nearly […]

Here’s what point & figure charts say about the current market: Dow: NEUTRAL S&P; 500: BEARISH Oct. 17 long tail up S&P; Midcap 400: NEUTRAL S&P; Smallcap 600: NEUTRAL Russell 2000: NEUTRAL Nasdaq: NEUTRAL Nasdaq 100: NEUTRAL That should clear things up for you.

Bill Fleckenstein wrote this morning: For the longest time, I suggested that the economy was going to hit the wall at some point. I believe that’s what is now happening. To give you an example of what that might look like (though I don’t often pay much attention to all those Fed surveys), this month’s […]