The Twelve Days of Christmas Inflation Index.
[url]http://www.nytimes.com/2012/12/22/business/cost-of-12-days-of-christmas-totals-107300.html?src=rechp[/url]
Happy Holidays.
The latest from Ed Hornstein
I wanted to drop everyone a quick note and attach a link to a new book from the
folks at IBD entitled:
"How to Make Money in Stocks Success Stories: New and Advanced Investors Share
Their Winning Secrets" by Amy Smith.
The book can be purchased on Amazon at the following link.
[url]http://www.amazon.com/Make-Money-Stocks-Success-Stories/dp/0071809449/ref=sr_1_2?ie=UTF8&qid=1356577593&sr=8-2&keywords=success+stories+from+how+to+make+money+in+stocks#_[/url]
I am honored to be featured in a section of the book on what I believe is pages
123-126. I have not read the entire book yet but I heard Amy Smith has done a
fabulous job.
I have been quite busy the past few months, as my wife and I recently welcomed
our second child, Avery Reese. Nonetheless, once the New Year begins, I will be
writing more frequent market updates, (about two times a month).
For now I am maintaining high levels of cash and playing defense as many former
leaders continue to break down and/or form longer term tops. What looked like a
potentially promising rally a few weeks ago, is now beginning to look like a
rally that could fail soon. More on this in my next market update early next
week.
I wish everyone a happy and healthy holiday and New Year.
Very rare footage of Ben Bernanke as a child.
[url]http://i.imgur.com/XaiUx.gif[/url]
ED Steer's Gold & Silver Daily
Each AM US this site gives a factual account of the previous evenings overseas gold market -
[url]http://www.caseyresearch.com/gsd/home[/url]
Marc Faber Outlook on the Market for 2013 - expecting a 10% pullback
Faber's comments and analysis from SeekingAlpha:
A pullback will be coming....the golden question is when and how deep will it be? EV combined with TA will be the tools to help us stay on the right side of the market. My problem has always been trying to anticipate the market and then getting burned. I've been right on the direction before , but my timing has been off. That's why I am attracted to EV analysis to improve my decision making and lower the market timing risks.
[url]http://seekingalpha.com/article/1175971-dr-marc-faber-expects-10-correction-in-equities[/url]
New volatility indicator: the Skew
I came across this link which is a whitepaper on a new indicator the CBOE has created in order for traders to refine their VIX market timing signals
[url]http://www.cboe.com/micro/skew/documents/SKEWwhitepaperjan2011.pdf[/url]