Submitted By Gary Tanashian
Here is a most important long term sign post, the long bond and its EMA 100...
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Submitted By Trader Mark
Apparently I missed the "going out of business" sale on stocks announced this morning. So we sell off late yesterday (bearish), and today - everyone wants back in.... ahead of an important announcement. Just like they did yesterday morning? What day is it again - this all looks...
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Submitted By Trader Mark
Next week we'll have an update on our performance metrics (as we do every 4 weeks) and I'll do a full update on pledges for launch, but I thought I'd take a moment to address some questions I often receive - especially from newer readers.
We have a lot of email readers so I want to stress that on...
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Submitted By Trader Mark
As we await the the gods on Mount Federal Reservus to let the humans know their fate, we have an excellent presentation by Whitney Tilson of T2 Partners - embedded within his monthly investor letter. While others have done a better job of self promotion, Tilson actually made many prescient calls on...
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Submitted By Trader Mark
Something that has been apparent lately is the weakness in small and mid caps, masked by the relative strength in large caps. We can see this in the indexes - while we've corrected some in both NASDAQ and S&P 500 it is nothing like what I am seeing on individual stocks. I don't...
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Submitted By Trader Mark
ISM Services came out /apps/news?pid=20601068&sid=aU8_1u0y20nw">this morning; unlike ISM Manufacturing on Monday which is just a fraction of our "new paradigm" economy (12%ish) - investors still seem to pay far less attention to services... as if we're in America 1964. Meanwhile,...
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Submitted By Trader Mark
Well, here I thought it would be in Goldman Sachs' (GS) interest to "lose" a few days on purpose to make it look like the game is not quite so rigged, but the firm believed that the previous quarter's winning percentage could be bested [Aug 5, 2009: Goldman Sachs Q2 Winning Percentage - 97%] and...
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Submitted By Trader Mark
While Nouriel Roubini has received some flack of late, and in my estimation his biggest mistake was turning into a "market guru" rather than sticking to his bread and butter, economics - the following video interview this morning on CNBC aligns quite well with my world view. The main...
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Submitted By Gary Tanashian
I am not going to pretend I had the answer. In fact, the excerpt from #57 below tells the story of an analyst not really knowing which way the thing was going to go in the near term.
The best I could definitively tell subscribers was that the risk vs. reward was now (as of last weekend) much...
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Submitted By Trader Mark
With apologies to Shakespeare, in 22 hours we have our answer...
To give them endless more free punch OR to actually let the reckless teenagers of the market know that one day the central bank might actually act like an adult .... THAT is the question
The showdown between bulls and bears...
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Submitted By Trader Mark
Great news; I believe the number of mortgage "walk aways" is "better than expected" - now how do I buy stock on deadbeats?...
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Submitted By Trader Mark
For those of you who took an economics course at some point in life, I am happy to report "price elasticity" is still alive and kicking. It appears the $1000 price point for Apple's (AAPL) iPhone is a bit of an issue for the "middle class" of China, and this is for a phone without a service...
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Submitted By Trader Mark
Another change in character - it has been ages since I can remember a premarket that was significantly in the red without any specific news items. In fact we have 2 buyouts, which a month or two ago would have premarket screaming +1%. Yesterday the bulls made a last minute save, as the...
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Submitted By Trader Mark
A quite fascinating read2009/11/02/business/energy-environment/02iht-green02.html?pagewanted=1&ref=economy"> in the New York Times that is at the cross section of much of what is broken in America. We've often states this focus on green energy as a "new dawn of jobs" is a bit over the...
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Submitted By Trader Mark
An interesting blurb in the New York Times in one of the sectors still exhibiting relatively decent (non government) performance in the U.S. - video games. Electronic Arts (ERTS) just seems to have lost its way - and judging by its stock, it seems to have missed the notice that we're in a new...
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