A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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JPMorgan's Blunder Doesn't Mean US Should Bust Up BanksBloombergJPMorgan (JPM) Chase & Co.'s colossal $3 billion-and-counting trading blunder has breathed new life into long-simmering calls to break up big US banks. We agree they've...
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USA TODAYJPMorgan's whale in a fishpond: John KempReutersJPMorgan Chase & Co's reported hedging losses suggest the bank, famed for a disciplined approach to measuring and managing risk, is struggling to cope with increased demands of scale,...
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USA TODAYJPMorgan Chase: Break Up the Big Banks Now. Here's How.Huffington Post (blog)When Jamie Dimon revealed that JPMorgan Chase had lost billions through risky and legally questionable trading, he said the losses would be about $2 billion and m...
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West Coast spike in gas prices tied to refineriesThe Seattle TimesMotorists across most of the country have been getting a break on gas prices, but not on the West Coast. By STEVEN DuBOIS Associated Press No comments have been posted to this article. M...
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Earlier this year the Fed proposed new rules that would limit banks’ exposure to each other even more than the Dodd-Frank reforms, coming into force next year, already demand. The banks went away to think about it, and it’s safe to say they have some concerns. Goldman Sachs, in fact, has sent the Fed 20 pages-worth of its...
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No one can deny that many indicators look bullish right now. The bears are rapidly running out of real estate, and the Dow in particular is within a stone's throw of making new highs.
However, the burden of proof is now on the bulls. ...
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The charts are an absolute disaster right now. I've looked at roughly 20 million charts this weekend, but there are so many possibilities, it simply becomes confusing to try and cover them all. This update was a whole lotta work for very li...
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Cycle conditions were as conducive to a downturn last week as we may see for a while. This week could be the second and last chance for bears to win one.
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The market’s downtick on Thursday caused numerous intermediate indicators to tick to the sell side, but I’m not making a top call yet. There have been sell signals before in this uptrend that turned out to be false. Show me a break of key support.
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The market did very little on Wednesday, which is actually a somewhat encouraging sign for bears. To some degree, one can gauge who's in control by simply looking at which price direction the market is stug...
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Are we there yet?
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Some days you look at 30 charts and still conclude there's just not much to add. Today is one of those days -- for a more broad overview, please see yesterday's article.
Both potential short-term counts were expecting a turn, and tha...
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The market is again testing the high. It has backed off in the early going on Sunday night, but I’m more interested in where New York closes, not where New Zealand opens. Until there’s a clear and convincing break of a certain key support level combined with certain other indications, the upside projections on...
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Upside projections were little changed on Friday. The market remains in trending mode. When will it return to cycling?
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It all seemed so simple when I started writing tonight, but after studying the charts in more detail, it's not as clear-cut as I'd hoped. I believe the wave down from the 1367 high counts best as a 5-wave impulse, which initially had me leaning&n...
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The charts are a mess tonight. While the big picture view has shifted somewhat over the past month, my daily short-term preferred counts have been on an exceptional win streak since the end of January -- catching the lion...
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There’s a reason why old Street hands are so fond of the idea that “the trend is your friend.” Many indicators are mixed or in a borderline state, but until prices break support, the uptrend must be given the benefit of the doubt. While cycle tops are way overdue on the 13 week and...
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Yesterday, the market spent the majority of the session in consolidation mode, and formed a wave structure which looks corrective -- indicating that it's reasonably likely there are at least slightly higher prices to come before this wave com...
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OK, so the market doesn't like the claims number, which missed anal cyst's estimates by a wide margin. Let's look at the facts.
Not seasonally adjusted, in other words, actual, claims rose by 102,000. Continuing claims wk ended 12/31 up by 361,000. Ho...
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SPX (cash) closed Friday on a weak note with 2, 5 and 8 day cycle oscillators all turning down, but with 2 and 5 day cycles both due for a cycle low imminently. The opening here is virtually unchanged from Friday’s close, with the indicators mixed and directionless. Support is indicated at about 1277,...
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Technical indicators show some fraying around the edges. 10-12 month cycle momentum is surging on the buy side, but VIX keeps sending sell signals. Conflicting indications abound. This report gives keys to judging which way the market will break.
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http://www.jsmineset.com/wp-content/uploads/2012/01/GoldPanicPeriods.pdf
Sinclair links ContraryInvestor
Excerpt:
For now, the thinking that gold’s break of the 200 day moving average is the sure sign of bull market death is white noise. ...gold ...
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The Surveillance CatalogWhere governments get their tools
Documents obtained by The Wall Street Journal open a rare window into a new global market for the off-the-shelf surveillance technology that has arisen in the decade since the terrorist attacks...
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The market break felt significant, and a 13 week cycle down phase has been signaled, but neither the Dow nor the S&P broke key support levels. Here’s what needs to happen for the bears to take over, or for the bulls to stay in charge.
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It will either make it through resistance or it won’t. Here’s what you can look for and expect, either way. 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...
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What if, today or Monday, the S&P 500 (SPX) suddenly broke out of the trading range it's been in since August?
Weak bears would likely cover their shorts immediately, and bulls would almost certainly add to the...
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It’s too soon to tell if today’s slip and fall was just a benign pullback or something more sinister. There’s nothing concrete to indicate that there’s anything seriously amiss with what looks like a typical bear market 13 week cycle up phase, but the potential for big trouble is there, since the market failed...
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SPX, COMPQ, Eur/USD Updates: Today Could be a Critical Day
Today could be a key day toward gaining more confidence in one of the two main counts, because -- as those of you who own digital watches already know -- today is the first of May. The first of any month is frequently bullish,...
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