The Fed needs to supply a lot more grease by Thursday or there will be trouble as the new issues settle. Interest rates continued to move higher today. The stock market finally wobbled a bit under the building liquidity pressure. Click here to dow…
Countrywide reported third-quarter profit rose 2 percent, less than analysts expected, as demand for home loans slumped. The company’s shares surged higher on plans to…
With the Sow Jones now over 12,000–2% higher than it was 6 years ago–the financial media is back interviewing all the guys who wrote those "Dow 36,000" and "Dow 100,000" books back during the bubble years.
Not surprisingly, they’re still wild…
Most broad market indicators continue to whipsaw around high levels. The SPX is almost at the top of the intermediate trend channels again, and it has pierced a major long term trendline. The more separation the market creates from that trendline …
Now that the Treasury is back to beggaring the markets, rates are moving higher, ratcheting upward again at today’s auctions. The stock market was able to ignore the building liquidity pressure, as call writers bought back the long side of their h…
On October 13th & 14th I attended the Chicago Natural Resources Conference. If you have not been to a mining/minerals or natural resources conference you…
With the Dow now trading above long term cycle moving averages, all of which are still in gear to the upside, the bulls continue to have momentum in their favor. Compared with recent long term cycles, this one lacks power, but it is not unlike the…
Reommended interview with David Levy nails the points.
Pre-election non-partisan book reads:
Barrons is out with their version of "Dewey Defeats Truman" this weekend:
"Survivor: The GOP Victory"
"The GOP Will Hang On"
"Jubilant Democrats should reconsider their order for confetti and noisemakers. Even some Republicans privately…
With the market continuing to churn on Friday, cycle based screen data weakened for the fourth day in a row. But we have seen this before. Click here to download complete report in pdf format (Professional Edition Subscribers).
Try the Profess…
