Just in case you were worried that David Rosenberg had turned all bright and happy with regards to the US equity markets – he brings us his 7 major risks brewing:
Source: Gluskin Sheff
How does David view Japan now that we are 2 months out from the quake? I havent heard his take since the newsletter went to subscription.
Japan’s price to book is a bit below 1 and represents one of the most attractive valuations out there? Has the recessionary news been priced in over there or is there more downside?
Its the only thing I can see worth considering a buy.
I OWN JAN 2013 EWJ LEAPS WITH 10 AND 11 STRIKE PRICE. HOPING THINGS TYRN ARIUND BEFORE THEN.
Japan’s high tech manufactures are exported to many countries including China for inclusion in complex manufactures. There are reports that many of these Japanes components are in short/slow supply due to problems with factories and power shortages as a result of the tsunami or radiation exclusion zones and the loss of power generators through nuclear meltdown.
But Japan might be a buy when a clear up trend re-emerges. For N225 since 1990, using a 5 or 6 month moving average and month end price has been very effective in the past according to Doug Short’s analysis (for US since 2000 a 10 month EMA has been very effective. EMA strategies seem to only work in secular bear markets and can be dangerous in sideways and bull markets because of whipsawing. Learning from the Nikkei Monthly Moving Averages http://dshort.com/articles/2010/Nikkei-monthly-moving-averages.html Learning from the S&P 500 Monthly Moving Averages http://dshort.com/articles/2010/SP500-monthly-moving-average-history.html
US fiscal policy becoming more austere ? It becomes more austere because the states are simply forced into austerity. Thanks to the monitization of the FED, that’s a lesson the Federal Government still has to learn somewhere in the (near ??) future. Then the prolifigate spending WILL stop.
And Rosenberg nails it seven times !
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
Just in case you were worried that David Rosenberg had turned all bright and happy with regards to the US equity markets – he brings us his 7 major risks brewing:
Source: Gluskin Sheff
How does David view Japan now that we are 2 months out from the quake? I havent heard his take since the newsletter went to subscription.
Japan’s price to book is a bit below 1 and represents one of the most attractive valuations out there? Has the recessionary news been priced in over there or is there more downside?
Its the only thing I can see worth considering a buy.
I OWN JAN 2013 EWJ LEAPS WITH 10 AND 11 STRIKE PRICE. HOPING THINGS TYRN ARIUND BEFORE THEN.
Japan’s high tech manufactures are exported to many countries including China for inclusion in complex manufactures. There are reports that many of these Japanes components are in short/slow supply due to problems with factories and power shortages as a result of the tsunami or radiation exclusion zones and the loss of power generators through nuclear meltdown.
But Japan might be a buy when a clear up trend re-emerges. For N225 since 1990, using a 5 or 6 month moving average and month end price has been very effective in the past according to Doug Short’s analysis (for US since 2000 a 10 month EMA has been very effective. EMA strategies seem to only work in secular bear markets and can be dangerous in sideways and bull markets because of whipsawing. Learning from the Nikkei Monthly Moving Averages http://dshort.com/articles/2010/Nikkei-monthly-moving-averages.html Learning from the S&P 500 Monthly Moving Averages http://dshort.com/articles/2010/SP500-monthly-moving-average-history.html
US fiscal policy becoming more austere ? It becomes more austere because the states are simply forced into austerity. Thanks to the monitization of the FED, that’s a lesson the Federal Government still has to learn somewhere in the (near ??) future. Then the prolifigate spending WILL stop.
And Rosenberg nails it seven times !
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
Just in case you were worried that David Rosenberg had turned all bright and happy with regards to the US equity markets – he brings us his 7 major risks brewing:
Source: Gluskin Sheff
How does David view Japan now that we are 2 months out from the quake? I havent heard his take since the newsletter went to subscription.
Japan’s price to book is a bit below 1 and represents one of the most attractive valuations out there? Has the recessionary news been priced in over there or is there more downside?
Its the only thing I can see worth considering a buy.
I OWN JAN 2013 EWJ LEAPS WITH 10 AND 11 STRIKE PRICE. HOPING THINGS TYRN ARIUND BEFORE THEN.
Japan’s high tech manufactures are exported to many countries including China for inclusion in complex manufactures. There are reports that many of these Japanes components are in short/slow supply due to problems with factories and power shortages as a result of the tsunami or radiation exclusion zones and the loss of power generators through nuclear meltdown.
But Japan might be a buy when a clear up trend re-emerges. For N225 since 1990, using a 5 or 6 month moving average and month end price has been very effective in the past according to Doug Short’s analysis (for US since 2000 a 10 month EMA has been very effective. EMA strategies seem to only work in secular bear markets and can be dangerous in sideways and bull markets because of whipsawing. Learning from the Nikkei Monthly Moving Averages http://dshort.com/articles/2010/Nikkei-monthly-moving-averages.html Learning from the S&P 500 Monthly Moving Averages http://dshort.com/articles/2010/SP500-monthly-moving-average-history.html
US fiscal policy becoming more austere ? It becomes more austere because the states are simply forced into austerity. Thanks to the monitization of the FED, that’s a lesson the Federal Government still has to learn somewhere in the (near ??) future. Then the prolifigate spending WILL stop.
And Rosenberg nails it seven times !
Notify me of follow-up comments via e-mail
© 2009 pragcap.com · Register for PC
Just in case you were worried that David Rosenberg had turned all bright and happy with regards to the US equity markets – he brings us his 7 major risks brewing:
Source: Gluskin Sheff
How does David view Japan now that we are 2 months out from the quake? I havent heard his take since the newsletter went to subscription.
Japan’s price to book is a bit below 1 and represents one of the most attractive valuations out there? Has the recessionary news been priced in over there or is there more downside?
Its the only thing I can see worth considering a buy.
I OWN JAN 2013 EWJ LEAPS WITH 10 AND 11 STRIKE PRICE. HOPING THINGS TYRN ARIUND BEFORE THEN.
Japan’s high tech manufactures are exported to many countries including China for inclusion in complex manufactures. There are reports that many of these Japanes components are in short/slow supply due to problems with factories and power shortages as a result of the tsunami or radiation exclusion zones and the loss of power generators through nuclear meltdown.
But Japan might be a buy when a clear up trend re-emerges. For N225 since 1990, using a 5 or 6 month moving average and month end price has been very effective in the past according to Doug Short’s analysis (for US since 2000 a 10 month EMA has been very effective. EMA strategies seem to only work in secular bear markets and can be dangerous in sideways and bull markets because of whipsawing. Learning from the Nikkei Monthly Moving Averages http://dshort.com/articles/2010/Nikkei-monthly-moving-averages.html Learning from the S&P 500 Monthly Moving Averages http://dshort.com/articles/2010/SP500-monthly-moving-average-history.html
US fiscal policy becoming more austere ? It becomes more austere because the states are simply forced into austerity. Thanks to the monitization of the FED, that’s a lesson the Federal Government still has to learn somewhere in the (near ??) future. Then the prolifigate spending WILL stop.
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