Onshoring, the return of US manufacturing from abroad, is rapidly gathering pace. It is increasingly playing a crucial part in the unfolding American industrial renaissance. It could well develop into the most important new trend on the global economic scene during the early 21st century. It is also paving the way for a return of [...]

Take a look at the chart below for the S&P 500, and it is clear that we are at the top, of a top, of a top. How much new stock do you want to buy here? Not much. Virtually every technical trading service I follow, including my own, is now flashing distressed warning signals. [...]

Traders have been watching in complete awe the rapid decent of the price of gold, which is emerging as the most despised asset class of 2013. But it is becoming increasingly apparent that the collapse of prices for the barbarous relic is part of a much larger, longer-term macro trend. It isn’t just the yellow [...]

You may have noticed that I am a man who is never short of words. I also rarely am for wont of things to do. This is one of those times. Every morning, I drag myself out of bed early, throw cold water on my face, and drag my sorry ass to my computers, where [...]

No one has suffered more than I from my slavish devotion to Apple’s products, its performance, and, oops…. it’s stock. A long position in Steve Jobs’ creation remains my only losing position of 2013 (remember the January $525-$575 call spread?). Without the hit I took on that, my Trade Alert Service would be up 33.3% [...]

I remember 1997 like it was yesterday. Bill Clinton was president, the US government was running a balanced budget, and the Dotcom IPO bubble parties in Silicon Valley were happening almost every day. The Florida Marlins beat the Cleveland Indians in a seven game World Series, where the last game went to a heart stopping [...]

I have been pounding the table trying to get readers out of gold since early December. Now, my friend at stockcharts.com, Mike Murphy, has produced a stunning series of charts showing that this may be more than just a short-term dip and another buying opportunity. Mike explains that a number of traditional chart, technical, and [...]

At long last, Japanese Prime Minister, Shinzo Abe, has appointed a new governor to the Bank of Japan, Haruhiko Kuroda. The foreign currency markets responded immediately, taking the Japanese yen down to ¥94.60, a new three year low. It also broke new ground in a range of currency crosses, including Euro/Yen, Ausie/Yen, and Kiwi/Yen. It [...]

The simple answer is no, not yet. But the neighbors have complained about the noise and called the cops. Today’s 108-point drop in the Dow, and 19-point decline in the S&P 500 does mean that the straight line, parabolic phase of the bull market is over. One of the most overbought markets in history is [...]

When I was a little kid in the early 1950’s, my grandfather used to endlessly rail against Franklin Delano Roosevelt. The WWI veteran, who was mustard gassed in the trenches of France and was a lifetime, died in the wool Republican, said the former president was a dictator and a traitor to his class, who [...]

Before you place a down payment on that next home, consider that you are voluntarily becoming dependent on government welfare, reliant on massive subsidies, and may become the next ward of the state. Don’t kid yourself that the housing market has become anything but another bubble driven by artificially low interest rates and lax lending [...]

Call it the shot heard round the world. David Einhorn’s lawsuit against tech goliath Apple (AAPL) has focused a giant spotlight on what has been one of the worst performing stock market sectors of 2013– large old technology stocks. Could this be the set up for the biggest sector rotation of the year? Most of [...]