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The signs point to more troubles ahead. The stock market is in bear market territory for small-caps with the collapse on Thursday. There were several technical breaks materializing on the broad-based heavy selling. The small-cap Russell 2000 is a mess, down 17.89% this year and 25.46% from its…

Apple Inc. (NASDAQ/AAPL) is to the technology world what Microsoft Corporation (NASDAQ/MSFT) was in the 90s. The stock traded at a record $415.00 on Tuesday and, in my view, could be heading for $500.00 within a year. The market capitalization of $382 billion makes Apple the biggest company…

The fact that consumer spending has not tanked in spite of unemployment being at over nine percent and expected to stay around this level through 2012, and continued weakness in housing is encouraging. When consumers are cautious, they tend to hold back on any major purchases, such as…

Again, I want to reiterate how impressive the current strength is in the broader stock market. We continue to get lackluster news on employment, housing and consumer prices, but the stock market seems to be moving beyond the bad news. Institutional investors are focused on stability with the…

Investor sentiment is fragile and the stock market’s been volatile, but the trading action over the last little while has revealed one big consolidation, not a breakdown in the main stock market indices. What’s holding the market around 1,200 on the S&P 500 Index is the expectation for…

There have been a lot of mergers and acquisitions in the mining industry lately and the consolidation is only going to increase with gold over $1,800 an ounce and silver over $40.00. The buying and selling of entire companies adds to the attractiveness of the mining sector, with…

Let’s call a spade a spade. In the aftermath of our economic crisis, the U.S. government and Federal Reserve pulled out all the stops. God bless our politicians and our government. Not knowing what to do, most having never been in the situation before, once the U.S. economy…

One of the most common questions I hear these days: “Is the U.S. headed in the same direction of the Japan economy of 1990s?” The big fear is that we are headed to 10 years of deflation, as Japan experienced in its “lost decade.” Yes, there many similarities…

The market panic is rising, as there is more speculation of another recession in Europe and perhaps in the U.S. Stocks plummeted over four percent on Thursday morning. The current market bias is negative and my concern is that failure to edge higher could drive the index back…

There are two schools of thought existing today in respect to where prices for goods are headed. There is the group that believes the U.S. is following the same path as Japan in the 1990s and is headed to a decade of deflation. Then there’s the second group…

The Federal Reserve just met for its Federal Open Market Committee meeting and I can tell you I was more nervous after reading the Fed statement than before. It became clearer the Fed is quite nervous about the condition of the economy and where it is heading. The…

I know this might sound a bit off the wall, but it’s my opinion… The recent correction in the market has little to do with Standard & Poor’s downgrading of the U.S. credit rating. After all, if we look at it, after the downgrade, U.S. Treasury bills rallied—more…

Gold miners are reporting their second-quarter earnings right now and, for the most part, they are awesome. If it’s one thing that gold-producing businesses have learned over the last few years, it’s that there’s no need to hedge the price at which they sell their gold. The outlook…

— reporting from Modena, Italy I’m in Modena today, home of the iconic “Ferrari” brand. My mind is wandering quickly…thinking about Europe and America. Invariably, I wander off to government austerity measures. I apologize in advance to my readers if I have been talking too much about this…

— reporting from Florence, Italy Something different for my readers today… I’m going to talk about food. But don’t worry; in the end, I’ll relate it back to the economy and the stock market, as I eventually do with all my stories. Okay, so I’m eating out every…

In a much-anticipated initial public offering (IPO), Dunkin' Brands (NYSE/DNKN) was set to debut on the New York Stock Exchange yesterday. The company owns two big-name franchises — Dunkin' Donuts and Baskin Robbins — and could be much sought after. Dunkin' Donuts, the maker of the “Boston Cream” donuts, and…

The second-quarter earnings season has started strong. As of July 20, 88 of the S&P 500 companies have reported, with 78% beating estimates and 10% falling short, according to Thomson Reuters. Strong earnings from technology have provided the catalyst for the buying, helping to offset the significant debt…

First it was Greece, then Ireland, followed by Portugal. There are also issues in Spain. This group is widely known as the “PIGS,” an acronym for the four countries and appropriately named for its greedy sucking of emergency capital (except Spain so far). What the PIGS have in…