Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
Read More »
On October 25 I wrote about what, at the time, looked like an overvalued EURUSD (it was 1.3950). Zero Hedge had an article attributing the strength to ongoing capital repatriation by EU (primarily French) banks. My words:
As long as there is Euro repa...
Read More »
Memo to the Super Rich, your high-paid lobbyists and your no-compromise political puppets whose sole mission is destroying the presidency: Yes, you are succeeding. You’re also killing the economy. ...
Read More »
Steadily down for the early openers: Kiwis -1.8%, Aussies -2.1% and Nikkers -1.8%. Sth Korea closed.
Some Aussie states having a holiday today so trading is thin with sectors red across the board. Energy -3.1% is heading the list followed by IT -2.7...
Read More »
Quicky from FTAlaphavile -
1. - Ando | September 23 3:39pm it's still a long grinding stagnation story against a backdrop of global deflation, this is just one of the dramatic interludes
2. -
SilverFox | September 23 3:41pm | @ando mayb...
Read More »
I been in this game for years, it made me a animal
There's rules to this s**t, I wrote me a manual
A step by step booklet for you to get
your game on track, not your wig pushed back
The Ten Crack Commandments, Notorious B.I.G.
I don't try...
Read More »
Bloomberg link
This (strong) report may be partly due to (weak) number in January, then blamed on the snowstorms. The employment gain has occurred against a backdrop of extremely heavy, continual, govt stimulus. Nonetheless, these data add some real...
Read More »
No Easy Way Out Of The Dilemma
It seems incredible that the Fed is creating the third bubble within 11 years, but that is what is underway. In the late 1990s the Fed kept the pedal on the gas and helped engender the dot-com bubble that collapsed wi...
Read More »
Yesterday illustrated just what happens when stock gets sold on volume against a backdrop of a comatose market dominated by algos, and HFT. We also see that once the volume pulls back it gets met with overnight futures manipulation, and more algo activity. Looks like we may see that this morning. However, besides over-reliance on algo...
Read More »
In addition to a housing overshoot, the sugar high market is going to have to deal with a commercial real estate financing crisis over the duration of 2009 when $178 billion in maturities come due. This is against the backdrop of a CMBS market that has not put forth even one new issue in...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
SPX Update: 12-year Study of Investor Sentiment Points to a Top
The latest American Association of Individual Investors (AAII) sentiment survey numbers were released yesterday, and amazingly, were virtually unchanged from the week prior. For the second week in a row, bearish investors remain at 17%,...
Read More »