Wall Street Reform Threatens Free Markets

Posted on May 13, 2010 at 6:30 pm
The most fundamental but potentially painful solution is to destroy debt at every level. more about “Wall Street Reform Threatens Free Mar…“, posted with vodpod
Filed in: Market News

NFLX-Radar Play

Posted on May 13, 2010 at 3:44 pm
Netflix shares were up as much as 11 percent to an all-time high of $119.50 on Thursday after tripling in the past year. They closed trading at $110.01, a gain of about 2 percent. Amazon (NASDAQ:AMZN) takeover talk is nothing new at Netflix (NASDAQ:NFLX) and analysts weren’t putting much stock in the latest round of rumors. Needham & Co. analyst...
Filed in: Market News

Stock Market: Random or Ordered?

Posted on May 13, 2010 at 2:40 pm
The stock market is probabilistically predictable. This statement flies in the face of random walk theory and efficient market hypothesis — the two mainstream theories of market behavior that got thoroughly bruised in the 2007-2009 crash. (“Today random walk is discredited and EMH is on the run.” Bob Prechter, July 2007 Elliott...
Filed in: Market News

Euro Bond Spreads: Impact of Policy

Posted on May 13, 2010 at 2:31 pm
CalculatedRisk Here is a graph from the Atlanta Fed weekly Financial Highlights released today (graph as of May 12th): Click on graph for larger image in new window. From the Atlanta Fed: European bond spreads (over German bonds) narrowed considerably this week following the unveiling of the European Union’s €750 billion policy response...
Filed in: Market News
by Tyler Durden Just in case you are worried that all those gold coins you have buried in your back yard will never be accepted as (il)legal tender, here comes Abu Dhabi with a gold ATM machine, making gold-based “currency” transactions one step closer. This is a harbinger of things to come, as people increasingly demand to transact...
Filed in: Gold
The Market Ticker To follow up and expand upon my other writings regarding the ECB/Euro bailout package of last weekend, I want to focus on why I believe the markets responded to the north as strongly as they did – and why believing in this may be dangerous to your portfolio. Markets try to suss out the impact of events based on history. ...
Filed in: Market News

Are Precious Metals and Indexes Going Parabolic?

Posted on May 13, 2010 at 7:04 am
It’s been an exciting couple weeks in the market with gold now making new all time highs as money floods into this shiny safe haven. It has everyone all worked up wanting to take part or they are riding the rally up already. But the big question is when should some money be taken off the table to lock in gains and lower your overall risk during...
Filed in: Gold

2009-2010 Gold Bubble Still Just a Baby

Posted on May 12, 2010 at 6:15 pm
Tim Iacono Despite all the hoopla about a new all-time high in U.S. dollar terms, the 2009-2010 version of the recurring gold bubble is still quite modest by historical measure, a point that should be clear to see in the graphic below that was in dire need of updating. Surely, the current move up would be much more impressive than the last two...
Filed in: Gold

Market Recap

Posted on May 12, 2010 at 5:25 pm
by Tyler Durden All you need to know is highlighted in red (we’ll leave the 10 paragraph recap to those who enjoy building narratives out of noise). We are now back to the old regime where a 25 handle move is based purely on Vitamin H(ope). And now, the EURJPY is completely decoupled as the carry trade is once again the USDJPY. At this point...
Filed in: Market News

Redler on CNBC: Cashing in on the Gold Rush

Posted on May 12, 2010 at 3:02 pm
Gold’s surge was sparked by Europe’s debt threat, which was triggered by Greece. Scott Redler, of T3live.com, and Jim Iuorio, of TJM Institutional Services, tell CNBC how you can cash in on the gold rush. Traders, be sure to check out the web’s first-and-only Virtual Trading Floor, offering unparalleled access into T3 Capital Management’s...
Filed in: Market News

Deficit Landmines Dead Ahead!

Posted on May 12, 2010 at 1:41 pm
By Chris Wood, Jake Weber, and Vedran Vuk, The Casey Report Hearing President Obama’s economic peptalks, you might be under the impression that the U.S. needs to keep spending for just a little while longer to stimulate the economy – but then will swear off big deficits. Reinforcing the point, to address concerns stirred by a Congressional...
Filed in: Market News

Rail Traffic “Recovering at moderate pace”

Posted on May 12, 2010 at 12:25 pm
CalculatedRisk From the Association of American Railroads: Rail Time Indicators. The AAR reports traffic in April 2010 was up 15.8% compared to April 2009 – although traffic was still 11.5% lower than in April 2008. Click on graph for larger image in new window. This graph shows U.S. average weekly rail carloads. Traffic increased in...
Filed in: Market News

Gold & Silver: The Only Game in Town 2010-2011

Posted on May 12, 2010 at 9:36 am
By Jordan Roy-Byrne, CMT There are numerous reasons both fundamental and technical as to why the precious metals complex will surge over the next 18 months. The sector’s surge will be reinforced by the lack of an obvious trend in most other markets. Gold, Silver and the mining stocks will surge while other markets languish. First let us look...
Filed in: Gold, Market News

BREAKOUT

Posted on May 12, 2010 at 8:07 am
Gold Scents Gold’s break out to new highs has very bullish connotations going forward. It puts the odds squarely in favor of a C-wave continuation. I will go over expectations and cyclical structure for a second leg of the C-wave in tonight’s report for subscribers. For those of you thinking about getting side tracked by a meaningless daily...
Filed in: Market News