Investment Postcards from Cape Town

Technical talk: The easy money has been made

Prieur du Plessis — Mon, 06 Jul 2009 16:57:06 +0000

"Clearly the easy money has been made off this rally and now the market is taking back some of that easy money," said Kevin Lane in a short assessment of the technical picture of the S&P 500 Index.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Prieur’s readings (July 6, 2009)

Prieur du Plessis — Mon, 06 Jul 2009 07:43:39 +0000

This post provides links a number of thought-provoking articles I have read over the past few days that you may also find of interest.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

How the stock market really works

Prieur du Plessis — Mon, 06 Jul 2009 07:42:49 +0000

A delightful analogy of the workings of the stock market.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Words from the (investment) wise for the week that was (June 29 – July 5, 2009)

Prieur du Plessis — Sun, 05 Jul 2009 08:06:17 +0000

The holiday-shortened week saw pundits pondering the depth of the economic rabbit hole as the curtain closed on the second quarter. As investors vacillated, most financial markets were characterized by a roller-coaster ride. The worse-than-expected US jobs data left no doubt that the economy was in recession. Read all about this and the implications for financial markets in the weekly "Words from the Wise" review.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Rosenberg: Corporate bonds still more attractive than equities

Prieur du Plessis — Sat, 04 Jul 2009 06:16:19 +0000

The "yield gap" between the earnings yield on equities and the corporate bond yield is telling you that either corporate bond prices will need to rally more down the road or we need to start seeing corporate earnings growth recover sharply enough to pull the P/E multiples down to more attractive levels, according to a recent report by David Rosenberg.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Video-o-rama: Roller-coaster ride into the long weekend

Prieur du Plessis — Sat, 04 Jul 2009 06:04:08 +0000

The holiday-shortened week saw investors pondering the depth of the economic rabbit-hole. As investors vacillated, most financial markets were characterized by a roller-coaster ride. Friday's worse-than-expected jobs data left no doubt that the economy was in recession. The highlights of the discussions were captured on video and are included in this video-o-rama compilation.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Happy Fourth of July!

Prieur du Plessis — Sat, 04 Jul 2009 05:55:47 +0000

There have been better fourth of July celebrations ...

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Barron’s Confidence Index points to bottoming of equities

Prieur du Plessis — Fri, 03 Jul 2009 07:05:01 +0000

This post considers the strong historical relationship between the Barron's Confidence Index and movements in the S&P 500 Index.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Job losses in perspective

Prieur du Plessis — Fri, 03 Jul 2009 07:04:04 +0000

This post shares an interesting chart, putting the US job losses in historical perspective.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.

Increase in the Fed’s balance sheet – let’s be objective

Prieur du Plessis — Fri, 03 Jul 2009 06:46:03 +0000

"The point I am attempting to make in this commentary is that the increase in the balance sheet of the Fed in the past year is not currently inflationary and need not lead to higher future inflation," argues economist Paul Kasriel in this quest blog.

Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets.