Kudrna's Stock Market Talk

Quote of the Day:

The expropriation is nothing more than a way of covering over the social and economic crisis facing Argentina right now.

Antonio Brufau – Repsol Chairman. (more…)

Quote of the Day:

The greatest wealth is health.

Virgil – A Roman Poet (more…)

Quote of the Day:

A tiger is difficult to capture once it is set free.

Paraphrasing comments on inflation by Wen Jiabao – Chinese Premier (more…)

Quote of the Day:

We have won. Glory to Russia.

Vladimir Putin – Sunday March 4^th 2012 (more…)

Quote of the Day:

The Fed is embarking on something new and, I think, highly questionable.

Which is: to enforce the symptoms of prosperity, rather than sound money.

Jim Grant [emphasis mine] (more…)

Quote of the Day:

The republic needs a president who can dedicate himself unhindered to these and other national challenges and enormous international challenges, a president who is supported by the confidence of not only a majority but a wide majority of citizens.

The last few weeks have shown that this trust and therefore my ability to be effective have suffered sustained damage.

Christian Wulff – the EX German President (more…)

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

After the first 90 minutes of action Tuesday morning, the enthusiasm was quickly sucked out of the market for the rest of the day. We gapped-up on the “Greece is saved” continuing theme only for volume to fall off a cliff and the action become very boring to watch/trade. (more…)

Quote of the Day:

The gold standard has one tremendous virtue: the quantity of the money supply, under the gold standard, is independent of the policies of governments and political parties. This is its advantage. It is a form of protection against spendthrift governments.

Ludwig von Mises (more…)

Quote of the Day:

Across Europe just now men who thought their title was “minister of finance” have woken up to the idea that their job is actually government bond salesman.

Michael Lewis (more…)

For the first week of 2012, it was not a bad week at all.  The action wasn’t overly impressive for the bulls, but considering most were expecting a pullback, the bulls held strong. The question everyone is pondering is whether we will have some sort of pullback or are we going to continue to rise.  Friday may have hinted at more upside in the short-term, but we may need bonds to sell-off faster for this to happen. (more…)