February 3, 2014

EXPLAINING THE 2014 MARKET SO FAR $SLV $GLD $DIA $DOG $FXY $TLT $TBT

There is an old saying that the markets make fools of the maximum number of people. The truism of this is striking when one compares the consensus predictions of gurus at the end of 2013 with what has actually happened in 2014. The chart tells the story.

Please click here for the annotated chart.

The chart compares gold shown in orange represented by the SPDR Gold Trust ETF GLD, silver shown in grey represented by the iShares Silver Trust ETF SLV, stocks shown in yellow represented by the SPDR Dow Jones Industrial Average ETF Trust ETF DIA, inverse of stocks in cyan represented by the ProShares Short Dow30 ETF DOG, bonds in neon green represented by the iShares 20+ Year Treasury Bond ETF TLT and Japanese yen in red represented by the CurrencyShares Japanese Yen Trust EFT FXY.… Please click here or the title below to read more.

February 3, 2014

NEW PLAN FROM AT&T LIKELY TO DRAG ON IPHONE SALES $T $VZ $AAPL $TMUS $S $GOOG

T-Mobile (TMUS) got the ball rolling with no contract plans and much cheaper plans than AT&T, something it publicized in the Tim Tebow Super Bowl commercial Sunday evening. Today AT&T fired a big bazooka, not so much at T-Mobile but at Verizon. It makes sense because the name of the game is to attract the highest possible number of high-paying customers; a large number of such customers are currently Verizon customers, not T-Mobile customers.

Here are the details of AT&T new Mobile Share Value plans. Under the plan, a family can get unlimited talk and text plus 10GB of shared data on five lines for $175. … Please click here or the title below to read more.

February 3, 2014