by MN Gordon
“Sell in May and go away,” goes the old Wall Street adage. The general rule is to sell stocks on May 1, hold cash through the summer and into the fall, and then re-enter the stock market on Halloween Day. This certainly has a right ring to it…May and away even rhyme. But what if it has a wrong outcome?
“Waiting until May Day runs the risk of selling at the same time that a large number of other investors are doing the same,” notes Mark Hulbert of Hulbert Financial Digest. Perhaps the right time to sell isn’t May after all. Maybe it’s better to front run the trend and sell in April. But how can we be sure?
“Fortunately, we have real-world data on two attempts to get a jump start on the ‘sell in May and go away’ pattern. The first is the ‘Almanac Investor Newsletter,’ edited by Jeffrey Hirsch, and the other is Sy Harding’s ‘Street Smart (Read More....)
. . . → Read More: The Best Time to Squirrel Away Some Nuts
by MN Gordon, Economic Prism
Up here, near the face of Tahquitz Peak, the summer twilight lingers a little longer. The evening sunshine bends through the tall shady pines and sweet smelling cedars, basking on Idyllwild…the splendor mile high Southern California mountain village. We breathe deeply and exhale gradually. Time slows to the soft rhythm of Strawberry Creek as it meanders through town.
The kids return to school next week. Back to crowded classrooms and common core curriculum. What could possibly be worse? But, at the moment, we’re not ready for them to close the door on summer just yet.
You’re only a kid once. Why not stretch (Read More....)
. . . → Read More: Morons At Large
by MN Gordon Economic Prism
Last weekend we received a mailer from the city water department. Long Beach has returned to water rationing. Turf and landscape irrigation is only allowed on Monday, Thursday, and Saturday…before 9am or after 4pm.
No doubt, it’s hot and dry. What’s more, the “big one” – where the San Andreas Fault separates the Pacific plate from the North American plate once and for all – is just around the corner. You can almost feel it.
Something big is going on, indeed. Here in the Golden State the Santa Ana winds have arrived early. On Wednesday, the outer expanse of the Los Angeles Basin, where the lower foothills of the Cajon Pass rise to the high desert, went up in a giant blaze.
Before long, a wafting plume of dark gray smoke blanketed the expansive landscape from the San Gabriel Mountains to the Pacific Ocean. The ominous aura was broken in the evening with an effervescent sunset. We looked and listened…
Perhaps the gods were (Read More....)
. . . → Read More: How to Prepare Now for the Greatest Show on Earth
by MN Gordon Economic Prism
Here in the Golden State everything’s brown. The hillsides are dry and the scrubland vegetation’s a giant tinderbox. Sierra snowpack is only 12 percent of normal…the lowest it’s ever been since California began keeping records in 1960.
The wildfires don’t ordinarily arrive until fall. Not until summer and the dry Santa Ana winds have blown through. Yet this year’s far from ordinary. The fires came in January.
The San Gabriel Mountains went up in a blaze several weeks ago. We marveled from the 21st floor of a Figueroa Street skyscraper as a thick layer of black smoke drifted across the Los Angeles basin and down to the Long Beach harbor. An incandescent sunset over San Pedro Bay guided us as we traversed our way home in the evening.
“This could potentially be the driest water year in 500 years,” said University of California Paleoclimatologist B. Lynn Ingram. Obviously, we (Read More....)
. . . → Read More: Pray for Rain
Guest Post J. Vanne
“In the end, all corruption will come about as a consequence of the natural sciences.”
– Søren Kierkegaard
As Blaise Pascal once noted, once science is divorced from ethics, scientists will use their skills to pursue power, not truth. The issue of global warming is, as I will demonstrate below, a direct case study of this exact issue. But what, exactly, is behind the frantic, daily global warming warnings, trumpeted daily by everyone from the president to the easily influenced mainstream media reporter?
Actually, what lurks underneath the global warming mantra is the very same thing (Read More....)
. . . → Read More: The Global Warming Agenda
Food security is not defined by having enough food, but rather through three main factors: accessibility, affordability and availability. There is also the notion of having enough nutritious food. Food security has been a major concern for quite some time, and in the post-recession era, it has taken center stage.
As far as the current legislation is concerned, it has transferred the development of agriculture from the hand of the farmer to business owners. Furthermore, the reforms over the last four to five years have been met with debate owing to the nature of “food for profit” rather than “food for people”.
Most of this is attributed to the growing of corn for the bio-fuel industry, raising cost. The food for fuel has been at the helm for the last few years including the healthcare bill about mandatory insurance.
There has been a lot of talk about bio fortification and the provision of nutritious food through genetically modified plants. However, the concept of GM plants is that they have a cost factor for the farmers. The seeds need to be purchased again, and that is (Read More....)
. . . → Read More: Preparing For The Future
Authored By Stacey Thompson
Superstorm Sandy couldn’t have picked a worse time for it to happen. Our country is still on its way to recovering from the worst financial crisis since the Great Depression, and at this juncture, we as a country are still deciding whether to keep the same president onboard, or bestow the great responsibility of leading the country to another individual. Purse strings are tight, well-paying jobs are hard to come by, and many dread the future of our way of life. The world is changing faster than ever, in some ways for the better, but in others for the worse.
There was a time that people trusted banks and other financial institutions. That doesn’t seem (Read More....)
. . . → Read More: Financial Readiness for Crises and Calamities