I was watching the CBS Early Show Monday when one of our favorites, Fareed Zakaria, popped across the screen - hence I was forced to pay attention. I cannot bring the video by and in fact I don’t see any video on the CBS website but I’ll bring by some of the text. We highlighted Zakaria back in M…

Well we caught another HUGE run, that duration with Mastercard (MA) - made well by $6 on that one from front to finish. (being facetious) At that rate we might beat a 6 month CD. I was hoping Mastercard could break out past the 20 day moving average (mid $240s) and invent an attempt to the 50 day (…

I wrote both last Friday in our performance updateIronically in that “buy the carnage” environment, I’m going out on a limb and saying we should be due for an oversold bounce in commodities soon. After the prescient signal in oil in late June made us 6 for 6 on major turning points (not that it help…

I don’t have quite the same conviction with retailer Buckle (BKE) as I have with some of these other names I’ve held through earnings, so with the company reporting Thursday and the stock now evaluating its 50 day moving average I am following the game plan and cutting back. Perhaps more ominous “…

Cummins Engine (CMI) is breaking down below the 50 day moving average so we’re cutting back from a 2.0% stake to 0.3%. The stock price is low $66.20s. We’re just sticking to that same game plan and cutting stocks HARD the day they breach support, even whether it means we are going to sell some stoc…

Long moment readers will know I’ve been holding cash in a 10-25% range for pretty much the entire life of the fund. In Marketocracy.com I don’t get that cash swept into a money market and hence for nearly 13 months have been earning 0% on that money. I was talking to an investing friend yesterday…

Gas is down 40 cents, the US consumer is back! Pile in! Pile in!Not so much…. as I keep saying each instance these consumer discretionary stocks [Stuff I’ve Been Negative on Since Last Fall] jump on Kool Aid recovery talk - they just create yet another opportunity to short - the danger is timing…