Archive for February, 2009

To bounce or not to bounce, that is the question. I don’t have the answer, but the market will on Monday. However, I don’t think it matters. 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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I was checking back over some things I had written some years ago in a “How’m I doin’?” exercise and I came across this. I’ll follow this up in a “where are we now” analysis in the Professional Edition Long Term Update to be posted later this weekend. Long Term- Stocks Are a Lousy Investment Stepan...
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(Stool Pigeons Wire- February 28) True or False 1. A common stock mutual fund is sort of like a savings account for smart people, who enjoy double-digit annual returns over the long run.
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The Fed only slightly increased the size of the Fed’s balance sheet this week as MBS and GSE holdings increased while Alphabet Soup programs declined slightly. This small net addition in the Fed’s balance sheet was not nearly enough to halt the continuing meltdown in the stock market and Treasury market. Click...
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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 market today sits on the brink of oblivion. Will there be a miracle rescue? 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...
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Both the stock and bond markets finally succumbed to the $124 billion in new Treasury supply coming to market this week. That’s the biggest chunk of paper to hit the market since last October. $72 billion settles on Monday, so there should be more pressure tomorrow. Indirect bidders showed up, but not in big...
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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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Cycle based stock screening data was stronger in all but one measure, so I guess that means that the market still has a tendency to want to move higher in the short run. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for...
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Lee Adler, Russ Winter, Aaron Krowne discuss this week’s developments, and what they mean for the future. Subscribers only. Enter your login when prompted. Not a subscriber? Click here to listen to a free extended preview. To subscribe and hear this podcast right now, click here! Free sample podcast. Hear the 7/29/08 podcast. How did we do?...
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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 double bottom on the SPX with the November low sticks out like a sore thumb, so of course everybody bought it, including nervous shorts, especially those late to the game. It was an impressive rally, reversing yesterday’s loss, but was it a bottom? Click here to download complete report in...
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Stocks regained all of yesterday’s losses in spite of the immense barrage of Treasury supply this week. If this continues through the week one would be forced to conclude that animal spirits have returned to the market, at least temporarily, and that the Fed has done enough pumping to keep the system afloat for...
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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 market is now on the verge of dropping into oblivion as it is overwhelmed by an enormous wave of Treasury supply that could force massive liquidation of other asset classes. An insolvent system desperately short of sufficient ready cash cannot absorb that amount of new paper without liquidating something. Chart support levels are...
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If new Treasury supply of $48 billion was a problem last week, what will $124 billion do this week? We haven’t seen numbers this high since the period between mid September and mid October last year, and we know the disaster that caused. Click here to download complete report in pdf format...
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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 market faces a major inflection point on Monday. The 13 week cycle is due to bottom now and the setup is perfect. 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...
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The Fed finally began to try to counter the implosion of the financial system with a big buildup in its balance sheet this week following two months of shrinkage. Most of the growth came from an increase in TAF and the beginnings of settlements of the previously committed MBS purchases. The big question is...
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I offer today’s (delayed two hours from the subscriber post) complete Actionable post.  Subscription details can be found here. McClellan Oscillator has moved into very oversold territory, and with another swoon anticipated today should push toward numbers seen at the Panic lows. The VIX for the S&P has been much more restrained, however certain sectors...
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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 6 month cycle has begun its 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, you don’t find the information useful, I will give you a full refund. It’s that simple. Click...
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Crushed under the weight of $48 billion in new Treasury supply, the markets were under pressure again today, including the bond market, where Treasuries erased the effects of Tuesday’s buying panic. Supply will tend to do that, and next week it will only get worse as it looks like the supply wave will build...
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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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Lee Adler and I conducted a podcast. I thought the market focus was very good on this one.  Yes, we can be coherent at times. If you subscribe, might be an important listen at this particular juncture. © Russ Winter for Winter (Economic...
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Lee Adler and Russ Winter discuss the market, hopeful and hopeless. Subscribers only. Enter your login when prompted. To subscribe and hear this podcast right now, click here! Sorry, no free preview tonight. Free sample podcast. Hear the 7/29/08 podcast. How did we do? Click here to listen and while you are doing that, subscribe!
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I regret that due to technical problems with one of our other services I will not be able to post a market update tonight. Based on a quick perusal of the charts I must say that tonight’s report could have been just a reprint of last night anyway, so we aren’t missing anything. I’m...
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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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We’ve had some comments from people unsuccessfully attempting to access Bears Chat. If you are not attempting to access via the home page, then you will encounter an error message. Engineers are working to resuscitate the old board, but it may take until tomorrow. In the meantime you can use the backup board, which...
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The market fell apart on Tuesday, breaking key intermediate support levels and signaling the anticipated onset of the 6 month cycle down phase in the process. 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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