Archive for February, 2008

The ship is sinking. The Fed continued the fastest 3 week expansion of the monetary base in the past 7 years on Friday. But it was not enough to offset the $76 billion in new Treasury debt that is settling during the period from yesterday to Monday. Outside of the week after 9/11/01, nothing...
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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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The stock market sank under the weight of an onslaught of Treasury paper in spite of lots of help from the Fed. This began to trigger indications of a possible turn on cycles of up to 13 weeks. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the...
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The Fed kept up the pace of the fastest 3 week expansion of the monetary base in the past 7 years in an effort to help the Primary Dealers absorb $76 billion in new Treasury supply over 3 days. It was not enough to keep stocks from selling off. Click here to...
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Lee Adler and Aaron Krowne talk about the latest happenings in the financial arena, with a focus on the collapse of, local, state and especially US Government finances, and why the latest housing data is worse than the media is reflecting.
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I was literally shocked to read the Wall Street Journal today. I experienced two surreal moments that left me stupefied.
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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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In an apparent move to get the implied guarantee of the government even further into the propping up fictitious housing prices, the portfolio limits on Freddie and Fannie Mac were lifted. Although the initial reaction of the markets (see MBS chart) to this shaved coin approach has been negative, it is evident that...
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The rally stalled on Wednesday, setting up a crucial test of strength in the Heavyweight Championship bout between the Treasury and the Fed over the next 3 days. The stall left some interesting clues. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for...
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The federal-insured mortgage industry is ground zero for fraud, and its actions will cost you money.
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In a move more tell than a Goldman Sachs downgrade or some other propaganda piece spouted by PigMedia, the chief risk officer for Citigroup resigned.
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The Fed forced a ton of cash into the market on Wednesday, as expected. In preparation for the Treasury’s enormous issuance of new paper the Fed added a net of $11.5 billion with an overnight repo in that amount against no expirations. That pushed the 5 day net to a net add of...
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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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At a time when real capital is scarce we see that Visa is planning to come to market with the biggest IPO in history. In terms of investor liquidity this supply could result a giant sucking sound for the markets. As I have posted before, individuals have been pulling funds out of 401k funds...
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Cyclical indicators made a tremendous upward surge on Tuesday. The move comes relatively late in the 13 week cycle up phase, and it was not accompanied by a price breakout. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If,...
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in its best “carrying coal to Newcastle” tradition, the Treasury announced today that it would sell yet another $30 billion in CMBs on Thursday to settle next Monday. That’s $76 billion in new Treasury supply over 3 days, and $141 billion in new money in the last 3 weeks. Can the market sustain a...
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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 refund....
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Leave it to PigMedia to distort the intentions and words of everything and anything. One of the more interesting concepts floating around is that lowering rates is positive for the U.S. economy and consumer.
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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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In yesterday’s post the concept or Winterism of LIED was presented. Today’s focus is on the E or evaporate portion of the equation. Evaporate refers to the fuel (credit) needed to maintain Ponzi economies. It can also refer to the Ponzi economy itself. In effect when the fuel evaporates, the Ponzi economy itself melts,...
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The market finally broke out of its intermediate downtrend channel, thanks to one of the ratings agencies reaffirming its AAA rating on Ambac. If you want to know what I really think about that, see the two articles just below this one on the front page of the Wall Street Examiner. Click...
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Thanks to Jetlag at Capitalstool.com’s Stool Pigeons Wires for reporting.
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BULLETIN - (Capitalstool.com’s Stool Pigeons News Wires) Warren Buffet and Bill Gates to form new rating agency. They will offer new rating of AAAA and insurance on “AAAA” bonds. that is all. Stoolie Speakeasy reported this story.
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Operating like a broken field runner, the Fed added a net of $5.5 billion to the market on Monday. It was the 5th day in a row in which they changed direction between adding and draining reserves. The 5 day net was nearly even, far short of the $22 billion of new supply the...
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CTB started writing on this theme with an earlier piece advertising price cuts in higher education. Some universities don’t like the idea of wholesale price cuts and continually decide to cost shift from one demographic to another. Still, it’s provides plentiful themes on the greater trends facing our country.
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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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The Ministries of Truth (MoT) have coined some new benign terms to describe the current economic scene. Stagflation and decoupling lead the pack, and have been added to the now debunked “subprime only” nonsense, which has been quietly replaced with contagion. All these terms are designed to turn extremely severe challenges into something more...
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It seems highly likely that Barack Obama is going to push Hillary Clinton out of the race after the Ohio/Texas primaries. It’s also likely that a fragmented Republican electorate and an anti-George W. Bush mood spells the end for John McCain.
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Linrom, one of the posters at Capitalstool.com, described Friday’s action best—“35 minutes of terror;” which, if you were short, it most certainly was, as the market staged what appeared to be a rigged move based on a well timed rumor of yet another bailout of the “monoline” insurers. As wild as it was,...
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Here’s the theme of a best seller, another in our series of the Best of Capitalstool.com. “All the Kings’ men and all the Kings’ Horses cannot put the A-A-A rating back together again! How many times have we been told about the bail-out of the bond insurers?
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