Full Confession You may think that the current stock market swoon has to do with the economy slowing, the messy aftermath of the debt ceiling crisis, or disappointing job numbers. But I know for a fact that that’s not it. It was me. “Ross Kaplan, Contrarian Indicator” Two weeks ago, I took a maturing CD...Read More
“The Death of the Housing Market?” “The reports of my death are greatly exaggerated.” –Mark Twain It’s hard to be a student of markets without some passing familiarity with so-called contrarian indicators: those harbingers that signal that a market is at an inflection point, presenting investors with a singular opportunity. That opportunity can either be...Read More
Contrarian Indicators — Housing Market Edition If you like contrarian indicators, here’s a good one, courtesy of today’s New York Times: “Housing Fades as a Means to Build Wealth, Analysts Say” —headline, NYT (8/23/2010) Or as Barry Ritholtz puts it, “the time to be an über-bear on Housing (or anything, really) is before the collapse...Read More
