By David Galland, Managing Director, Casey Research These days it takes very little to set me off on yet another rant against the American political class – a proxy for governments the world over. On occasion, I’m tempted to apologize for these rants. Not so much for the message, but for the frequency. Unfortunately, when surveying the landscape...

From Bloomberg: Federal Reserve Must Disclose Bank Bailout Records The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program … The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released. … The opinion may not...

Courtesy of JESSE’S CAFÉ AMÉRICAIN The front month on the SP futures has now switched from March to June as a part of the Quad Witching Expiration. (Technically it switched last week, but for charting purposes I made the switch last night.) The June Futures have essentially the same formations as did March, it’s just that the earlier months...

Courtesy of Tim Iacono at The Mess That Greenspan Made Economist Steven Roach of Morgan Stanley Asia has some not-so-kind words for economist Paul Krugman and his view that the Chinese currency should be allowed to strengthen considerably from its current level. Click to play in a new window Says Roach: “America doesn’t have a China...

Submitted by Tyler Durden If one were to think that the market is determined exclusively by the predominantly retarded action in equities over the past months or so, it would appear we have now fully entered the insanity dot com days, where each day could easily be the rally’s last, yet with shorts terrified of being steamrolled by the fine...

The Mess That Greenspan Made Perhaps there is some context, somewhere, that makes yesterday’s words from Fed chief Ben Bernanke’s prepared remarks before the House Financial Services committee on the subject of the Fed’s role in bank supervision seem less filled with hubris than they first appear. But, if there is, I couldn’t...

Chart Courtesy of HCPG FREE GS Stock Analysis Sent To Your In-Box Click Here

Marc Sperling of T3Live I am buying some gold right here (through the GLDs) looking for an initial target in the $113 area. If it takes out the $113 area, there this precious metal could easily move up to $115. FREE GLD Stock Analysis Sent To Your In-Box

Joe Weisenthal of Business Insider If you think 24 is exciting, this is going to be three times as exciting! That’s because starting right now (or, like, an hour ago) The House posted the full text of the healthcare bill it will be voting on, thus starting a 72-hour mad dash to get it voted on. It’s going to be a wild Sunday in Washington...

Courtesy of The Pragmatic Capitalist James Barty from Arrowgrass Capital Partners says investors should continue buying the dips as stocks continue climbing the wall of worry.  Meanwhile, Jim Rogers says we are on the verge of another recession. Bull: Bear: Source: CNBC

PALM is currently trading up 4% today. What to look out for out of PALM in the future *More distribution deals with carriers outside of US *‘Killer-apps’ for WebOS *Further out, WebOS in other form factor (other forms of devices apart from cellphones) *Possible deals with media companies coming down the pipe I don’t think Palm will just...

Tim Iacono The Labor Department reported zero inflation for the month of February as rising prices for medical care and education were offset by sharply lower costs for energy and apparel. This comes after a 0.2 percent increase in January and marks the eleventh straight month that the price index did not drop after a series of steep declines...

AMERICAN INTL GROUP INC (NYSE:AIG) Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. More AIG info here. FREE AIG Stock Analysis...

Scott Redler of T3Live The S&P 500 tagged 1,170 yesterday and then sold off a bit. My target zone for this market back when “the wedge” resolved to the upside was 1,170-1,190. So, with the overbought nature of this market, the setup must be REALLY good to take. The market still feels like higher prices are in store, but if you...