Cody Penn Dent – The Wall Street Examiner

The Corzine Carol – Updated!

Cody Penn Dent Editorial December 13, 2011 0 Comments

So we have new facts that have come to light in the Jon Corzine / MF Global scandal. After a day of Senate “I don’t…

Corzine Testimony Christmas Carol

Cody Penn Dent Best of Capitalstool.com December 12, 2011 0 Comments

Jon Corzine’s testimony could have been sung as a Christmas Carol: (Sung to “God rest ye merry gentlemen”) I guess you clever gentlemen Are wondering…

Mr. Parasite Goes To Washington

Cody Penn Dent Lee's Free Thinking December 11, 2011 6 Comments

We all know the story. An energetic, successful person from industry sets off to use his skills as a reform minded public servant. Voters’ imaginations…

Ring in the Holidays!

Cody Penn Dent Latest Business Headlines November 18, 2011 0 Comments

While market robots find ways to make the most options contracts expire worthless today, allow me to bring you some early holiday cheer, a new…

That 70’s Market

Cody Penn Dent Latest Business Headlines November 18, 2011 1 Comment

If you have read The Wall Street Examiner you have read Lee Adler comparing the trading pattern we are under to 1973: where seasonal “go…

Stock Market on the Brink

From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.

Get Ready for the Coming Bond Market Bloodbath

Janet Yellen has now confirmed that the Treasury will run out of money in October, as we already knew from our tracking of the data. Congress will be forced to raise the debt ceiling. Treasury supply will mushroom at the same time as the Fed begins to cut its market support operations. The RRP slush fund will affect the timing of the coming disaster. But we know its coming and we have a good idea of when.

Meanwhile the BLS has fomented a completely false picture of inflation. I explain that in this report. It’s blatant.

Constructive Signs for Gold Digging

The cycle picture is hazy. The table at left (subscriber version) is my best guess. A short term low is due, but at a lower projection. The would-be 13-17 week cycle up phase has gone nowhere, despite a new projection that points higher. If it doesn’t get out of this range soon, it would suggest the possibility of a wicked down phase ahead. If the price holds above the May-August downtrend line as shown on this chart (subscriber version), that would be constructive

Lots of Sell Signals Again From Friday’s Swing Trade Screen

Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.

Nothing Has Happened Yet

From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.