The market rebounded from support levels, prompting a frenzy of bottom calls from the bulls and widespread trepidation among bears. One up day does not…
The Fed pulled $0.5 billion from the market Monday by replacing $7.25 billion in expiring repos with $6.75 billion in overnight repos. The 5 day…
On April 12 the NY Times published a glowing puff piece about John Devaney, a subprime mortgage hedge fund guy. Recently Devaney has run into…
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…
The sign of big trouble that we have been looking for is upon us, the increase in the spreads between mortgage backed Agencies and government…
The stock market put on another spectacular fireworks display on Friday. Bears enjoyed the show. Bulls covered their eyes and ears, but refused to lower…
While the final results won’t be tallied until Monday morning, it looks like the LDP (Shinzo Abe’s party) is out in Japan. As the linked article points out, Abe’s top priorities were basically the projection of Japanese power globally, and more nationalism at home.
The Dow may now be at the top of the 36 year cycle band Click here to download complete report in pdf format (Professional Edition…
In yesterday’s Fed report, I erroneously reported a total of 14 billion in repos added on the day. The total was $19 billion. The net…
We came into yesterday with 15 shorts and one long on the Professional Edition chart pick list. When all was said and done, it was…
