Courtesy of The Pragmatic Capitalist Sentiment readings remain at elevated levels this week as the market remains near the highs of the year and investors continue to believe that stocks have only one direction to go – higher. According to the AAII sentiment survey bullish sentiment rebounded to 47.4%.   All it took was a brief -3.5% decline...

The market has been fluctuating on 3 pieces of news lately and HCPG has some analysis on if it is bullish or bearish! HCPG Blog The IWM falls in the bull category as it is near its highs and basing under major resistance.  Basing here and running higher into year end is definitely a possibility. One of the biggest red flags in the market right...

by Tyler Durden In addition to the rout in the ES, VIX and GC which we pointed out earlier, there were some additional fireworks behind the scenes in today’s after hours session. The CBOE Gold Volatility Index, the ^GVZ plunged by the most in over a year, as the index hit an all time low of 15.92 without the underlying making much of a notable...

Tim Iacono Well, so much for the theory that the gold price tends to go up over the Thanksgiving holiday, when traders in the U.S. are away from their desks and the rest of the world is more likely to do more buying of the metal than selling. While the gold price may be declining in recent days, there’s been a sharp increase in commentary on the...

Vetro closed up 14.45% on Friday to finish the day at $6.81. VTRO’s its live toolbar user base topped 10 million for the first time in the company’s history, an increase of more than 11% since its September 30, 2010 reported metrics. Of these 10 million live toolbar users, 5.1 million were ALOT users from region one, 4.8 million were ALOT...

by Tyler Durden The fact that looking at market performance on a nominal basis (i.e., unadjusted for the decline in purchasing power, or the increase in hard asset prices) is foolish, has recently been understood by even some of the most garish financial tabloids. That said, Ben Bernanke could not be happier if the general public remained broadly dumb...

by Karl Denninger Gee, you mean “expert” means just getting your hands on earnings numbers before they’re released? On or about August 28, 2009, CHU spoke on the phonewith Lee. During that call, CHU told Lee about another Firmconsultant who worked at Broadcom (the “Broadcom Employee”), andwho could provide “top...

The past week and a half has been as choppy as it gets for the stocks market. Thankfully the herd mentality (fear & greed) stays the same. Understanding what others think and feel when involved in the market is one ofthekeys to making money consistently from the market. The crazy looking chart below I will admit is a little tough on the eyes, and...

Stocks were back on sale Tuesday when the S&P 500 suffered more than a 1.40% decline by the closing bell. Some market prognosticators pointed their fingers at the dollar, other pointed at the Korean situation, and still others had their eyes fixed on Ireland and the Eurozone as potential causes for the sharp selloff. The S&P 500 is currently...

Tim Iacono The Census Bureau reported(.pdf) that new home sales fell back to near the record lows set just two months ago, down 8.1 percent in October to an annual rate of of 283,000, a whopping 28.5 percent below the level of a year ago. From the peak back in 2005, sales are now down 80 percent with little hope of rising anytime soon given the glut...

Often the conventional wisdom is to stay invested in the stock market and in real estate. But millions of investors following that often-touted strategy have seen their portfolios drop by half or more. “Investors everywhere have had it with staying the course only to see their life savings disappear. That’s one of the key reasons highly...

The S&P 500 index closed higher due to short covering on Wednesday as it consolidated some of Tuesday’s decline. The high range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are neutral to bullish signaling that a short term low might be in or is near. Closes above Monday’s high crossing at 1206.00...

December Gold closed lower due to profit taking on Wednesday as it consolidates some of the rally off last week’s low. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are bullishsignaling that sideways to higher prices are possible near-term. If December extends the rally off last week’s low, the...

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by Karl Denninger This is interesting…. Ben Solomon is a lawyer with the Association Law Group, and practices community association law in Florida. Through his firm’s efforts, his association client foreclosed on Otaime Paez, an owner who was delinquent on her condominium fees. Solomon then filed a lawsuit against Citibank, the lender who...