Tuesday, December 31, 2013

End of Year / Over Last 6 Years



Last day of trading for 2013 and the numbers below show this year's price performance of the particular index or stock against the overall price performance since the end of year closes 2007.  DJIA is up 26% in 2013 and up 25% over the last six years.

DJIA +26% / +25%     SP500 +29% /+24%    NQ +35% /+70%    AAPL +4%/ +180%

BAC +34% /-62%    GOOG +57% /+60%    GS +38% /-18%     IBM -3%/+72%

MSFT +40% /+5%    F +18% /+127%    PFE +22% /+34%

Monday, December 23, 2013

More Bernanke Bubble


The Bernanke Bubble keeps growing as Fed policies help to carry stock indexes to new highs.  The bubbles always collapse.  However, if you have been stubborn enough to insist on a short or die attitude,  you are broke.    Beating the benchmark stock indexes this year has not been easy and  successful strategies do not point with greater insight as to when the giant price construct in asset prices end.   Ben has had few tools but those designed to unfairly aid the top and which has created a unique re-framing of capitalism for only those of influence.  Why should the top suffer when there are means to reward those who are positioned to benefit the most?

The collapse of the Bernanke Bubble will eventually come and look much like all the other stock market failures of the past but whose repair will be without the ability to foster goodwill from the greater population. That could be ugly.