Archive for May, 2007

The market hung around the new highs all day, with little change overall. 13 week cycle indications show signs of turning back up after an “invisible” down phase. 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...
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The Fed added $4.75 billion to the market on Thursday, adding $6 billion in 14 day and $5.75 billion in 5 day repos against $7 billion in expirations. That’s not enough to monetize all of Thursday’s Treasury settlements hitting the market for $9.6 billion in new cash. $27 billion in CMBs settle Friday, along...
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Latest cycle conditions and projections for the US Dollar Index and 10 Year Treasury Yield. Click links to download report in pdf format. (WSE Pro subscribers only). 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...
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RealtyTrac has a site available on Yahoo that tracks both new foreclosures and foreclosure sales activity. I had difficulty exactly determining how they defined foreclosure, but it looks like it picks up pre-foreclosure activity, such as when a notice of default is filed. As such this should give us an general idea about properties...
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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...
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They popped the top on Wednesday, at least on a closing basis. 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....
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The Fed drained $3.75 billion from the market on Wednesday, adding $13 billion in 2 day repos against $16.75 billion in expirations. Thursday is set for minimal expirations of $7 billion in 14 day repos. Thursday’s Treasury settlements will hit the market for $9.6 billion in new cash, and $27 billion in CMBs settle...
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The charts show the status of 22 large cap bellwether stocks in a representative sampling of leading industry groups. The charts include 13-week cycle centered moving average projections. 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...
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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...
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Robert Shiller just came out with his analysis of year over year housing prices for the first quarter, and according to whatever methodology they are using, announced that prices fell a modest 1.4%. Not to be outdone Fitch Ratings did a price-default analysis of subprimes that originated in the first quarter of 2006 and...
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The market continued to crawl back from last Thursday’s drubbing, but there have been some subtle changes in the big picture. 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...
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The Fed began the holiday shortened week with a big add on the heels of a week where they had been relatively stingy. It added $12.25 billion in overnight repos against no expirations for a net add of $12.25 billion. But the Treasury took the wind out of the market’s sails, announcing a 4...
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The Chinese investment fund’s stake in Blackstone Group has focused attention on the attempts of trade surplus countries to “get greater returns” on their reserve holdings. These sovereign wealth funds have been around for awhile, but so far have largely been confined to oil producers. Now as discussed in both a Barrons and a...
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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...
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Apparently Hank “Pat” Paulson’s meeting with Madame Wu didn’t go over so well. According to Washington insider Steve Clemons, “Paulson just about did everything wrong but spit on Chinese Vice Premier Wu Yi.” “Maybe Paulson had a reasonable beef with what was happening behind closed doors in the sessions attempting to coordinate broad strategic economic policy—particularly...
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Truck tonnage numbers were released for April, and collaborate the serious economic weakness evidenced elsewhere, including rail car loadings (see chart). The trucking numbers are especially poor when consideration is given to how much ethanol is being hauled around to support that maladjusted scam. ALEXANDRIA, Va. — The American Trucking Associations’ advanced seasonally adjusted For-Hire...
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The Professional Edition will not be published Friday 5/25, or over the Memorial Day weekend. Regular publication will resume Tuesday 5/29. Have a safe and fun holiday, and remember take a moment to honor the military Veterans who have served, and lost their lives in war.
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With the Treasury no longer pumping cash into the market via the debt paydowns that have been buoying the market since April 17, suddenly the going looks like it’s going to get a lot rougher. The pundits will find all kinds of excuses, but the fact is that there just isn’t going to be...
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After dumping a wad of cash on the market on Wednesday, the Fed pulled some out on Thursday. It added $7.25 billion in overnight and $11 billion in 14 day repos for a net drain of $6 billion. The Treasury is also settling $4 billion in new cash raised in the T-bill auctions. That’s...
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“During times of universal deceit, telling the truth becomes a revolutionary act.” - George Orwell Are the MoT and the other playas being trapped by their own subterfuges and bogus lies? For instance does anybody really believe the new housing sales data put out by the Census Dept? The challenge required to maintain this...
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The charts show the status of 22 large cap bellwether stocks in a representative sampling of leading industry groups. The charts include 13-week cycle centered moving average projections. 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...
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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...
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Once again on Wednesday the market tried and failed to get through some key resistance levels, heartening bears, and making bulls hear footsteps in the woods. It wasn’t enough to change any indicator patterns materially… yet. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free...
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The Fed dumped a wad of cash on the market on Wednesday, adding a net of $10 billion with that amount in overnight repos against no expirations. 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...
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While some folks are getting their “Spooz 1553″ hats martinized, I’m getting my “Nardsaq 38.2%” hat ready for action. With all eyes on the Spoozer, and rightly so, as it edges closer to the March 2000 ATH at 1,553, little attention is being paid to the fact that the Nardsaq itself is approaching a...
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“During times of universal deceit, telling the truth becomes a revolutionary act.” - George Orwell Today’s post just ties together more illustrations of what is driving the global crack up boom (buy somethin’ trade) . First the OECD points the finger at Japan and China, and makes a key point about how wildcat finance is...
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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...
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Watching the market on Tuesday felt like watching the fate of Western civilization hanging in the balance…. Not. If nothing else, it was dull. But it was important. 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...
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Another day, another episode of being bathed in forest fire smoke for the city of Atlanta. We had a really bad day last week as well—and this unfortunately looks set to become a more frequent occurrence, much to the dismay of anyone even remotely sensitive or vulnerable to atmospheric pollutants.
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The Fed drained a net of $2.75 billion from the market on Tuesday by adding $9.25 billion in 2 day repos against $12 billion in expirations. Meanwhile the Treasury raised $11 billion in new cash at today’s 4 week bill auction. T-bill rates shot higher as a result. Click here to download...
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