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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Telegraph.co.ukFacebook Drops Below IPO Price In Pre-Market TradingForbesFacebook shares fell below its IPO price in this morning's pre-market trading. At 8:30 am, the stock is trading at $36.70, down 3.9%. The IPO price is a key psychological benc...
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SPX cash opened weak, falling through the 5 day cycle centerline at 1342, signialing the onset of a down phase in that cycle. The 8 day cycle centerline is at 1338. If that area breaks, the market could trend weaker for the better part of this week. If it holds, then the bulls will...
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Well this is different. The market opened slightly weak after the S&P futures had a tiny pullback in the pre market. The 2 day cycle oscillators on SPX cash had been on the sell side since mid day yesterday, and are now on the cusp of either continuing down from around the neutral zone,...
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SPX (cash) closed yesterday with a 2 day cycle projection of 1285. It blasted through that on the open, resulting in a new projection of 1295.50, which was about where the SPX stood as I typed this at 9:35 AM. A 5 day cycle resistance line was also indicated at that level with the...
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After some weakness over the holiday as the S&P futures traded in Europe and Asia, they have bounced back a little here in the US pre market, just in the last half hour. Millions of amateur traders are home in front of their computer screens today, while many pros are taking the day off....
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The 5 day and 2 day cycles on the Spoo futures turned down in the pre market, mostly after Europe opened. They are now trading right at the 5 day cycle centerline at 1255. They’ve been holding there for the past 2 hours and could go either way from here. Both 5 and 2...
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May 16, 2011 Guest Commentary by Jason B. Leach, CFA
Note from dshort: Jason Leach is the Director of Research and Portfolio Manager of Cravens Brothers Wealth Advisors. Frequent visitors to this website may recall his fascinating Age of De-Lever...
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May 16, 2011 Guest Commentary by Jason B. Leach, CFA
Note from dshort: Jason Leach is the Director of Research and Portfolio Manager of Cravens Brothers Wealth Advisors. Frequent visitors to this website may recall his fascinating Age of De-Lever...
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The market sailed through a week of light Treasury supply with reduced POMO support. A big Treasury paydown this week put extra cash in dealer trading accounts and it did exactly what we expected it to. S&P threw a little glitch into things on Monday by putting the US on a negative watch. They...
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Got this question from one of you.
QuoteDoes the Fed report what it's bought (other than Treasury instruments)? Does it report whether it has bought equities and if so, how much?
And my answer-
Yes. It reports the operations every day. I post noti...
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By Ags Nightmare Oct. 6 (Stool Pigeons Wire) ” Folks…the bulls can do no wrong…Australia cut rates!!! ( yep he said that )….. just look at Mosaic…they missed by a country mile…sales down, revenues putrid, earnings non existent….but they said things will get better and it’s up huge pre market…everyone is celebrating the demise...
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New one on one Lee Adler-Russ Winter podcast is on line.
The first nine days of 2009 have checked in as the worst of this century. In pre-market it looks like we are headed for seven days down in a row, which is quite rare. The biggest casualties appeared to be centered in the increasingly...
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The Long-term Implications of Tuesday’s Action
Tuesday's action has, paradoxically, left the market short term bullish, but potentially more bearish in the big picture. Let me explai...
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