The pattern of minor weakness in the cycle screening indicators over the past week is symptomatic of a range bound market that lacks thrust in either direction, even though prices have been gradually levitating. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

Kiwis doing the dive but it’s up so far for the Aussie market. All Ords +0.3% with small gains for most sectors. Telecomms +2% is the only real mover followed by IT +0.8% and Gold/Healthcare +0.7%. There’s a couple of red sectors, Energy and Utilities both -0.3%.

Monday’s auctions again saw strong demand, but higher rates. Supply was actually a bit lower than anticipated, this week. The TARP warrant sales probably had a small impact on that, but more importantly, tax receipts carried through on February’s strengthening with more strength in March. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

All buyers always rewarded,all short sellers punished in minutes.

Update- Gold price charts and cycle tables now updated with today’s prices.

Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing trades. Indispensable daily information for gold and precious metals stocks traders. Click here to download complete report in pdf format (Professional Edition Subscribers).

Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

Tucked away in this Robert Reich article are some markers of what it will take for Americans to get back in the game.  As of the end of 2009, he said debt averaged $43,874 per American, or about 122 percent of annual disposable income. Most economic analysts think a sustainable debt load is around 100 View the full article

A green start to the week for the Antipodes. The Kiwis have an +0.4% gain and the Aussies +0.3% with the latter getting a boost from IT +1.3% and Energy +0.7%. Gold is the only down sector, -0.5%.

Market making every trader look like a genius.We will see how great those traders fare during OP/EX week.

Every trade looks like an implied money back government guaranteed slam dunk.
It’s so over…Sooner than later.Vix in the toilet and so on.

But I could be wrong

Christopher Thornberg has a chart presentation out and I have picked over some items for observation. One talking point of the bullish story is increasing exports.   However, when one looks under the hood, and asks to whom, the answer is another one trick pony, China (second chart, YoY) .   China, in turn has imported and View the full article

Going for green. All Ords +0.4% with REITS +0.8% taking a turn in the lead followed by Financials, Gold and IT, all +0.6%. Healthcare’s the only down sector, -0.1%.

Either we double top right here around 1150,or bears problems are just starting.

Chart showing commodity rail shipments. So far this year this can’t barely keep pace with last year, and is far below 2006-2008 levels.  Is this all that two years of 10% annual deficits to GDP is worth?Source: Calculated RiskI have posted at length about the factors that will lead to the next rout of the View the full article

Marginally up and choppy. All Ords +0.2% with Telecomms +1.5%, Healthcare +0.7% and Energy +0.6%. At the red end, IT -1.4% and Gold -0.6%.

This thing SEEMS unstoppable.

Yesterday rumors floated concerning more restrictions on short selling from Gumnut owned securities which in turn led to a further blowoff in cats, dogs and junk stocks in general. This phase reminds me a lot of late 2007- early 2008, when constant rumormongering was in play on how the entire S&P 500 could be bought View the full article

Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing trades. Indispensable daily information for gold and precious metals stocks traders. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

The first real sign of an approaching cycle high is usually an increase in the number of new sell signals. That has not happened yet in any time frame. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

Schedule note:Your editor will be taking off for a few days. The next posting of this report will be on Monday, March 15.

Up for both us and the Kiwis but looks like we’re waiting for Asia for some firm direction.

All Ords +0.2% led by IT +1.4% and Telecomms/Utilities +1.2%. At the red end REITS is down the most, -1.4%.

I just want to remind our listeners that there will be no podcast this week. We will be back next Wednesday.