Login

Greg Guenthner

Follow Me:

The Loneliest Bank Run

Chaos descended on Cyprus early this morning. In a bizarre twist, the regularly-scheduled bank run transformed into a financial media throwdown as journalists from across the globe mobbed the dozen or so patrons lined up in front of the banks in downtown Nicosia. Via Bloomberg: “We expected much more people,” said Argyros Eraclides, manager of...

Ready for a Spring Correction?

You’re getting lazy. Complacent. You think you have the market all figured out. The past couple of years have lulled you to sleep. That’s why you’re ready for the spring correction to pull into the station as the first quarter draws to a close. I get where you’re coming from. For three years in a...

Where’s the Fear?

I believe it is possible to discuss the situation in Cyprus until you collapse from exhaustion. Unfortunately, you’d get absolutely nowhere in the process… But that’s what most analysts are doing these days–which is why you’re bombarded by an endless parade of unanswerable questions about the latest eurozone catastrophe. What if banks stay closed and...

Don’t Call it a Bubble…

I jumped on the housing market recovery back in 2011. Homebuilders had been locked in purgatory for more than five years. They overbuilt (massive understatement there, I know) during boom times. When demand fell off a cliff, they were forced to sit around and lick their wounds. So they waited. Some even strategically bought land...

You’re Doing it Wrong

“How is anyone supposed to make money in this market with stocks performing so badly last year?” I was in Orlando in late January at a market technician’s meeting. One of the presenters opened up the floor to questions. That’s when an older guy busted out that gem. And he was dead serious. The collective...

Buying Stocks Sucks

The bandwagon’s getting crowded. Goldman Sachs, Morgan Stanley, Deutsche Bank, Credit Suisse and Jefferies have all increased their targets for U.S stocks within the last week. Not a bear in the bunch. The financial media have moved from touting new highs to rooting out the last skeptic standing. Famously bearish analysts are coming around to...

It’s Time to Sell Copper

Dr. Copper is crumbling. The versatile industrial metal best known as a bellwether for worldwide economic growth has finally hit the skids… I warned you last month that copper was fast approaching an important inflection point. Now, the Cyprus crisis was kind enough to tip copper over the edge. It fell hard in late Sunday...

Cyprus and Your Bear Market Brain

On Friday, no one cared about Cyprus. This morning, a measly $13 billion bailout for an island nation your honor student can’t even find on a map is holding world markets hostage. Most Asian markets are down more than 2%. European stocks are off a little more than 1%. Stateside, futures have dropped less than...

The Next Computing Revolution is Here

“There is no reason anyone would want a computer in their home.” That bit of knowledge is courtesy of Ken Olsen, founder of Digital Equipment Corp. He said it back in 1977 — just a few years before the age of personal computers began in earnest. Now, I’m not trying to give Olsen a hard...

Time to Follow the Smart Money?

The dumb money always gets suckered into the market at the wrong time. You don’t have to dig up your old history books to find the proof, either. Just look back a few months to December. Your average investor took his money and ran as far from stocks as possible because he was worried the...