Out Fox The $treet

Most people will probably find these videos normal. In fact, one can probably see similar clips 100x a day. What disturbes me is how the media has become so conditioned to a down market. How the Bloomberg reporter almost appears uncomfortable interviewing a bullish guest. One that uses a proprietary system to trigger when he is bullish or bearish. Not a raging bull that never flips depending on the market conditions. The other video is disturbing because the host and the analysts appear to blow off todays rally as if its all smoke and mirrors. They have a very strange mindset that stock markets never goes up. Not one of fighting history. True the market could slump in 2012 before the inevitable rally. Does anyone doubt that it will eventually be higher whether 2013, 2015, or 2020? An likely much higher considering the current PE ratios and earnings will undoubtedly continue ramping year after year. Don Hays on Bloomberg: FastMoney analyst Louise Cooper: ...

Tonight on Fast Money on CNBC, Dennis Gartman had some sound advice on investing in general. Specifically though he was talking about the spread difference between Brent Crude and WTI. As he says during this clip, the spread will keep going until it stops. While that might sound a little arrogant to some, it really highlights how markets work. The oil market in 2008 kept going up until it stopped. All this nonsense on predictions just aren't that useful. An asset will keep going up until it stops. Just like tech stocks in April 2000 and housing a few years back. People kept calling them bubbles and stayed away, but in the process they missed out on huge gains. The key is to recognize when the rally ends. Buy and hold can work in non-bubble markets, but the worst thing an investor can do is ride an asset class up and then let all the gains evaporate. Anyway, this an important lesson for any novice investors or anybody that wants a target price. The market just doesn't work ...

As most people have noticed or heard, there is an extreme difference between the West Texas Intermediate (WTI) crude price and Brent crude. One of the main reasons for the difference is the congestion at the WTI pricing hub in Cushing, OK. Being from Oklahoma it doesn't surprise me too much that Cushing has record inventories considering the companies have been busy building extra storage tankers in Cushing the last few years. So if they build more storage tankers, wouldn't it naturally hold higher inventory levels then in the past? The market always seems to have issues with digesting news that should've been expected at some point. Honestly I don't fully understand the issue and it seems natural that if oil is treated better in Europe that explorers in Canada of the Gulf will eventually send the oil to where it is treated better such as Europe.  Interesting discussion by commodity expert Dennis Gartman. It doesn't sound like shipping the oil from Cushing to Hou...