Today some of New Century (NEW’s) warehouse lenders finally did the deed and cut them off. Call me crazy, but after the announcement of major restatements, more than ten class-action shareholder lawsuits, criminal probes initiated by states and the NYSE, and revelations of Enron-like manipulation, this one seemed like an easy call to me.
The Fed treaded water Thursday, adding $15 billion in 14 day repos, and $7.25 billion in overnights, against $22.25 billion in expirations. Click here to…
That rip roaring housing recovery that the Street has been touting may have just ended. Click here to download complete report in pdf format (Professional…
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…
They marked time on Wednesday. The charts are in a gray area where it remains to be seen whether this is building a foundation for…
The Fed drained $2.5 billion from the liquidity pool with an overnight repo of $5.25 billion versus $7.75 billion in expriations. Click here to download…
The original posting was linked to the wrong file. That’s been corrected.Today’s gold stock screens and data, along with cycle conditions and projections for gold…
I know how Charlie Brown felt when Lucy pulled that football away. Invariably when the market has closed at the low tick over the last…
The Fed rested on Tuesday, adding a net of just $250 million to the liquidity pool with an overnight repo of $7.75 billion versus $7.5…
I normally try not to mindlessly propagate what other bloggers and analysts are saying, but Mish’s rant today is just too good to pass up. The tirade was sparked by some commentary by Bloomberg’s Caroline Baum, which was already pretty damning of the economic establishment to begin with:
