Posts filed under “Financial Press”
No, this is not a cover indicator — the cover indicator requires several factors not present here: It helps to be for a widely
tradable item (Stocks, Oil, Bonds, etc.), and it has to be something that is widely known — A recession is questionable amongst the pros, although surveys make it clear the public is hip to this.
The economy is simply too big and too general to
be much of a trading tell via a cover. Same thing goes for single companies, too — Google, Apple etc.
The Single Company Magazine Cover Indicator (March 2006) http://bigpicture.typepad.com/comments/2006/03/the_single_comp.html
Why It’s Worse Than You Think
NEWSWEEK June 16, 2008
I’m told that’s been running a couple of months, which shows you how often I’m at that part of the site.
Let’s pull a random, video to show — hey, how about this one? We showed you the ad for "Buy One House, Get One Free" on Tuesday; Later that day, TheStreet.com had an interview with my friend, Paul Kedrosky — who not only is a Real Estate guru (WTF?!) but loves the smell of Napalm in the morning !
Aside from that slight shift in title (from college professor and VC to
love guru, here’s the accompanying video:
California: Buy One House, Get One Free (June 03, 2008 | 09:00 AM) http://bigpicture.typepad.com/comments/2008/06/california-buy.html