All but 2 of the screening measures strengthened on Friday. All 3 current status measures are strongly positive but not overbought. Click here to download…
A Fed official estimated that it will lose $200 billion of its MBS holdings by the end of 2011 through prepayments. This confirms my long…
Bulls in complete control,they run it at will.
Hail bully
Bidding remained astronomical at this week’s Treasury auctions. Thanks to light Treasury supply, excess cash flowed toward stocks. However the decline in Treasury yields stalled…
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…
A general blast off for the early openers: Kiwis +0.5%, Aussies +1.7%, Nikkers +1.8%, Sth Korea +0.9%, Singers +0.6% and Taiwan +1.3%.
Green across the board for the Aussies: IT +3.6% and Financials +2.3%. Gold has the least gain, +0.1%.
If my writing seems pained, forgive me. I suffered a whiplash injury in the market today. The screen numbers got whiplashed as well, although today’s…
Bears hurting,what else is new?
The latest data released this week reflects the final impact of the housing tax credit and foreshadows ongoing weakness, with indications that supply pressures will…
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…