Filed in: Market News
The Market Ticker
And how we’re doing it again.
We will begin with our currency, of course – the Dollar. This goes back to 2006, when the dollar peaked at 92.63 and began it’s relentless decline.
Now the dollar by itself is commonly though of as some esoteric thing. It is not, however. When the dollar is weak those things you...
Phil’s Stock World
Is it time to throw fundamentals out the window?
As we went through the Sept 21st Fed minutes in yesterday’s Member chat we read some things that were AWFUL about the economy. I went through my usual exercise of parsing out the minutes and making comments for Members and it’s been a long time since I had to use red highlights...
Filed in: Market News
By Steve Levay of T3Live
You know that warm and fuzzy feeling you get during those special times of the year. There’s nothing like it. Mom and Pop go shopping for bargains, the experts forecast the hot new toys of the season, and some people, sadly, are left out in the cold while everyone else celebrates. Well, the weather is starting...
Filed in: Market News
Over the weekend, I went shopping for Halloween decorations. In the store, one of the clerks was wearing a white T-shirt with a puff-paint rendering of the Dow Jones Industrial Average. The line representing prices was the color of blood red, dripping and splashed across the front. When I asked him what it was, he said “the October Curse.”
‘Tis...
Filed in: Market News
By David Galland, Managing Director, Casey Research
The first thing to know about junior resource exploration stocks is that they are volatile. You can make 50% in a day, and you can lose 50% in a day.
This is due largely to the fact that they tend to be thinly traded. Thus, a whiff of good news, or bad, can overwhelm opposing trades. In the absence...
Filed in: Market News
By Phil at Phil’s Stock World
Anti-Claud is coming to town!
You’d better not print, you’d better not ease you’d better not contract or your wages will freeze - Jean Claude Trichet is coming to town… The EU’s Central Banker has a lunch meeting at the NY Economic Club and there is no one who knows better when Bernanke’s sleeping...
Filed in: Market News
Traders spoke, and the exchanges listened. And, if the growing popularity of the new weekly-expiration options is any indication, these shorter-term puts and calls will soon join their monthly-expiration counterparts as mainstream trading instruments.
Just as the name implies, the newest innovation in option trading are derivatives that are issued...
Filed in: Market News
Lately I’ve been seeing quite a few analysts calling for a top in gold. I have to say these analysts don’t really understand what’s happening. If they did they would know that far from topping, gold is just getting started.
Just as a preface let me point out that the fundamental driver of this leg up in gold is the same driver...
Filed in: Gold
The Market Ticker
Remember the lie about how Government Motors had “paid off all of the rescue money” – when that was not true – they had merely shuffled money from one hand to another?
Well now there’s a new whopper - this one in relationship to the VOLT:
In the past, and based on GM’s claims, we’ve gone so...
Filed in: Market News
By Phil at Phil’s Stock World
What if the World is flat?
It sure looks flat. You have to go to space to see that it’s round, even in an airplane it looks pretty flat, doesn’t it? Well, fiat currencies are like that too. We talk about Quantitative Easing as if the World is flat because Americans (who are trained to be self-centered...
Filed in: Market News
The Market Ticker
“Attention Seniors: This is President HopeBama Speaking. Due to the fact that there is no inflation – Ben Bernanke says so, and in fact he says there’s deflation which is why we must massively devalue the dollar and print money – a policy I entirely agree with and, incidentally, his truth-telling and wisdom...
Filed in: Market News
Traders spoke, and the exchanges listened. And, if the growing popularity of the new weekly-expiration options is any indication, these shorter-term puts and calls will soon join their monthly-expiration counterparts as mainstream trading instruments.
Just as the name implies, the newest innovation in option trading are derivatives that are issued on...
Filed in: Market News
charts by RTTNews
The Labor Department released a report showing that total employment saw a notable decrease in the month of September. The report showed that non-farm payroll employment fell by 95,000 jobs in September following a revised decrease of 57,000 jobs in August. Economists had expected employment to come in flat compared to the loss...
Filed in: Market News
Courtesy of Mish
With 10-year treasuries yielding a mere 2.39%, and with 5-year treasuries at an all time low yield of 1.1%, investors have plowed into the riskiest of junk bonds with reckless abandon.
Please consider Bond Distress at 5-Month Low as Junk Rallies
The percentage of corporate bonds considered in distress fell to a five-month low as...
Filed in: Market News
Tim Iacono
It seems like the financial news is now “all Federal Reserve, all the time” and, in catching up with the goings on of recent weeks in the mainstream media, it struck me that the press generally avoids calling the next round of money printing what it is – money printing. You hear terms like “quantitative easing” and “asset purchases”,...
Filed in: Market News



