Courtesy of Zero Hedge Since the beginning of July, the most prominent feature of the market has been the divergence in volume between financials and “all other” stocks. While overall stock market volume has been flat if not down over the past two months, and a continuation of a long-term downward trend since the March ramp up, the volume...

Courtesy of Mish The MarketWatch Headline Bernanke: We Saved The World is the height of Orwellian madness. Please consider the “full story” We saved the world from disaster, Fed’s Bernanke says. In a speech at the Kansas City Fed’s annual retreat in Jackson Hole, Wyo., Bernanke summarized a hellish year and explained modestly how he...

Courtesy of Trader Mark at Fund My Mutual Fund Perhaps you’ve noticed this too – but the past few weeks there have been an incredible amount of days where after the early morning move (almost always up of course) the market sits in a tight range going back and forth 2-3 S&P points for hours on end. Until 3:30 PM when it get’s all crazy....

Bob Prechter has studied waves of social mood to see how they affect the financial markets. Back in the mid-90s when the Clinton Administration tried to reform health care in the United States, Bob saw something that eluded most social commentators. Now that health care reform is back on the front burner again, it’s the right time to consider...

The NASDAQ 100 closed higher on Friday as it posted a new high for the year. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If September extends today’s rally, the 75% retracement level of the 2008-2009 decline crossing...

Courtesy of Lawrence Delevingne of Business Insider A new Daily Beast column by CNBC’s Charlie Gasparino explains why Robert Rubin hasn’t slept well recently: Citigroup. Daily Beast: What keeps the former Clinton economic star up at night? Friends blame him for the Citigroup fiasco. And Rubin can’t figure out how he didn’t see...

Oil prices jumped Friday to a new high for the year after Federal Reserve Chairman Ben Bernanke said that the U.S. economy is nearing a recovery and other economic data backed him up. Benchmark crude for October delivery surged $1.81 to $74.72 after Bernanke spoke at an annual Fed conference in Jackson Hole, Wyo. By midday, oil was trading at $73.91,...

Courtesy of CalculatedRisk The NAR reports: Strong Gain in Existing-Home Sales Maintains Uptrend Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million units in July from a level of 4.89 million in June, and are 5.0 percent above the 4.99 million-unit...

Courtesy of Tim from The Mess Greenspan Made The National Association of Realtors reported a sharp increase in sales of existing homes in July, the annualized rate climbing above the five million mark for the first time in ten months in what was the largest monthly increase in almost ten years. Existing home sales rose 7.2 percent, from an annual rate...

(BUSINESS WIRE)–Rentech, Inc. (NYSE AMEX: RTK) announced today that it has sold quantities of its synthetic diesel fuel, RenDiesel®, for use in a special military vehicle to demonstrate the viability of synthetic fuel for the U.S. Military at the upcoming Air Show at the Selfridge Air National Guard Base. Market Club...

Today’s short video is something quite special. In many of Adam’s previous videos he has looked at charts using Japanese candlestick charts. While this is interesting, he  never quite explained to you some of the powers behind using Japanese candlestick charts. So here’s what we are going to do; watch the video, and he will point out to you...

Courtesy of Zero Hedge Total Federal Reserve balance sheet assets for the week of August 12 of $2,047 billion (an run up of $57 billion from the prior week) consisting of: Securities held outright: $1,449 billion (an increase of $123 billion MoM, resulting from $44.6 billion in new Treasury purchases, $69.7 billion increase in MBS and $8.6 billion...

Courtesy of Phil’s Stock World We have talked about manipulation all week but this takes the cake! The Nikkei was plunging 250 points this morning as the dollar collapsed (in a move to boost commodities and the US markets – more on that later) below the critical 94 Yen mark and, EXACTLY AT THE MOMENT the Nikkei crossed the critical 10,200...

Courtesy of AC Investor Chart courtesy of www.stockcharts.com ( click to enlarge ) C – The stock made a very significant move on Thursday breaking out its major resistance line at $4.26 ( 200-day moving average ). This breakout suggests a possible move to $6. The technical chart shows very bullish sign as the stock is back on top of its major...

The September NASDAQ 100 closed higher on Thursday and above the 10-day moving average crossing at 1605.97 confirming that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term....