The Fed drained for the third time this week, pulling $4.5 billion out of the liquidity pool. The 5 day net remained at a drain of nearly $5 billion. In years past the Fed has typically added a large 30 day repo for the holiday season. It looks like they are foregoing that this year.…
Gold and Mining Stocks Trader, Professional Edition
WSE Pro Precious Metals Update 12/8/06
by Lee Adler • • 0 Comments
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…
Latest Business Headlines, Professional Edition
Reversal- WSE Pro
by Lee Adler • • 0 Comments
The market did a few things today that it hasn’t done in a while, most significantly, closing below the range of the last few days. It also broke a key minor trend channel on the upside then failed and fell back within the channel. Those actions could be signs of a significant reversal. The question…
Liquidity Trader, Professional Edition
Broken Field Ben- WSE Pro
by Lee Adler • • 0 Comments
The Fed reversed field again on Thursday, pulling $4.8 billion out of the liquidity pool. It may be looking to counter the 2-3 week cycle of debt paydowns by the Treasury that begins next week.Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days.…
Professional Edition
Mortgage and Housing Market Update – WSE Pro
by Lee Adler • • 0 Comments
The first serious countertrend rally in the housing and mortgage markets is under way since the downturn began in the summer of 2005, thanks to the collapse in bond yields and mortgage rates. Refi activity has picked up as borrowers switch from ARMs to fixed rates, with the spread between 30 year fixed and one…
Gold and Mining Stocks Trader, Professional Edition
WSE Pro Precious Metals Update 12/7/06
by Lee Adler • • 0 Comments
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…
Latest Business Headlines, Professional Edition
What The Top Callers Don’t See- WSE Pro
by Lee Adler • • 0 Comments
The market was within the usual margin of error of shorter term centered moving average projections on Wednesday, as it meandered aimlessly just off the new highs in the SPX. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. Unbundled subscription service packages…
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Junior Miner Picks & Comments
by Lee Adler • • 0 Comments
I asked a friend who posts on Kitco under the name “Trotsky” to analyze some preliminary findings released on Douglas Lake Mineral’s website on November 24th. In addition I asked for a few of his favored picks in the junior miner sector from a valuation standpoint. I have two reasons for asking Trotsky to do…
Liquidity Trader, Professional Edition
Ben Loads Santa’s Sleigh, Finally! WSE Pro
by Lee Adler • • 0 Comments
The Fed did a mammoth net add of $10 billion by adding that amount of overnight repos against no expirations. As a result the 5 day net came back to just above neutral. The rate at the auctions was just above the Fed Funds target. I had noted in yesterday’s article, It’s the Liquidity Stupid,…
Gold and Mining Stocks Trader, Professional Edition
WSE Pro Precious Metals Update 12/6/06
by Lee Adler • • 0 Comments
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…