Yin & Yang, Dow Jones & Gold

As human beings we try to intellectualize and get to the bottom of things.  We seek to find meaning in everything.  There must be a reason for what is happening at any given time.

Take for example the Dow’s stellar performance and gold’s lousy performance even as monetary policy has gone reckless on a global scale.  This goes against everything that humans who deal with the financial markets think they know.  But what if we are just getting back into symmetry? Continue reading "Yin & Yang, Dow Jones & Gold"

Forget Ford and GM, Buy These 6 Stocks Instead

Americans still have a healthy obsession with cars. That was on display last week, with February car sales beating the most optimistic projections for the second month in a row, while rising to their best level in more than four years. According to research firm Autodata, annual sales, a closely followed industry benchmark, rose to 15 million units in 2012, the best pace since 2008, before the financial crisis crushed demand and threw the industry into turmoil.

Clearly, in spite of rising gasoline prices and the payroll tax increase from the "fiscal cliff," cars are still quite popular, taking priority over debt payment or vacation for most Americans.

And this passion for cars is creating an opportunity for investors to profit in a big way. Continue reading "Forget Ford and GM, Buy These 6 Stocks Instead"

Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (March 11th through March 15th)

Will there be a follow through bid up in the US stock indexes this week? That is the million dollar question while Metals remain choppy.

I believe that there is still a bit of upside left in the markets, but not much. If you look back at the reported earnings over the last few weeks, we have seen some fairly good numbers. Many companies have reported better than expected figures, which have given investors a reason to be bullish stocks. The chart pattern shows that investors were waiting for any pullback to buy stocks, and many were ok with buying new highs. It doesn’t get much more bullish than that. Continue reading "Gold Chart of The Week"

U.S. citing security to censor more public records

The U.S. government, led by the Pentagon and CIA, censored or withheld for reasons of national security the files that the public requested last year under the Freedom of Information Act more often than at any time since President Barack Obama took office, according to a new analysis by The Associated Press.

Overall, the Obama administration last year answered its highest number of requests so far for copies of government documents, emails, photographs and more, and it slightly reduced its backlog of requests from previous years. But it more often cited legal provisions allowing the government to keep records or parts of its records secret, especially a rule intended to protect national security.

The AP's analysis showed the government released all or portions of the information that citizens, journalists, businesses and others sought at about the same rate as the previous three years. It turned over all or parts of the records in about 65 percent of requests. It fully rejected more than one-third of requests, a slight increase over 2011, including cases when it couldn't find records, a person refused to pay for copies or the request was determined to be improper. Continue reading "U.S. citing security to censor more public records"

Why Apple Should Follow IBM's Successful Turnaround Story

In recent months, Apple's (Nasdaq: AAPL) CEO Tim Cook has repeatedly stressed that the company still has a number of aces up its sleeve. Cook has dropped coy hints that bold new products are in the pipeline, so Apple could still surprise investors with better-than-expected growth.

But even if Cook is right and Apple is on the cusp of an impressive product release cycle, then he's wrong on one key point: Apple will never again be a great growth story it once was.

The company's annual revenue base is fast-approaching the $200 billion mark, so even if the company is layered in tens of billions of dollars in new revenue, that would only offset some of the revenue declines the Apple will experience from maturing key products and competitive pressure, which could lead to more price cuts.

Make no mistake, it is Cook's job to focus on product development and technology leadership. But Apple's board of directors now has a completely different task: Boost a stock price that remains in a free fall. Continue reading "Why Apple Should Follow IBM's Successful Turnaround Story"