This November, the whole world tuned in as the greater part of the U.S.A.’s 50 states turned red — and no, I don’t mean the political shift to a republican majority during the November 2 mid-term elections. I mean “in the red” — as in, financially fercockt, overdrawn, up to their eyeballs in debt. Here are the latest...

By: Scott Redler of T3Live This market has shown itself to follow a very technical path over the course of this rally. The market started the September run with a perfect gap and go scenario that ignited from a descending channel. Since then, the move higher was calculated with a lot of participation from the strong leading stocks we list on the morning...

PRNewswire-FirstCall/ — PharmAthene, Inc., (NYSE Amex: PIP) a biodefense company developing medical countermeasures against biological and chemical threats, today announced that the 645,000 share over-allotment option granted to the underwriter in conjunction with the registered public offering consummated on November 3, 2010 was exercised in...

Sara Nunnally, Editor, Smart Investing Daily It’s the first day of a three-day workweek for most folks, especially those traveling. I was due back in Baltimore for Thanksgiving with my family, but plans changed when we bought a house. Our settlement date is actually this Wednesday, which gives us a few days off to move… which will...

The Governor and Company of The Bank of Ireland (IRE): Foreign Regional Banks Industry. Market cap of $2.94B. RSI(14) at 32.12. Institutional investors currently own 8,015,272 vs. 4,227,243 shares held three months ago (+89.61% change). Short float at 0.06%, which implies a short ratio of 0.19 days. The stock has lost -78.08% over the last year. Irish...

Well I guess we have one thing to be thankful for this Thanksgiving, oil prices are coming back down. All right it’s something and it was hard to find that silver lining especially after the week that we have had. It seems the world has gone crazy and there are new risks around every corner and these risks have conspired to bring oil prices back...

Phil’s Stock World No man born with a living soul Can be working for the clampdown Kick over the wall ’cause government’s to fall How can you refuse it? Let fury have the hour, anger can be power D’you know that you can use it? The voices in your head are calling Stop wasting your time, there’s nothing coming Only a fool would...

by Karl Denninger Now we’re starting to get into some interesting parts of the legal world…. NEW YORK (Dow Jones)–J.P. Morgan Chase & Co. (JPM) and the Federal Deposit Insurance Corp. traded barbs again this week over which entity should have to face a lawsuit over mortgage-backed securities owned by failed Washington Mutual...

The Pragmatic Capitalist asks, “IS THE EURO CRISIS SYSTEMIC?” In a note to clients this morning Credit Suisse downplayed the severity of the crisis in Europe and explained why they believe it is contained.  Specifically they said: “We continue to believe that this is not a systemic crisis for 3 reasons: (1) The total cost of...

Perception Is Everything…… It’s more important to the market than Ireland, Greece, Portugal, and Spain combined The trials and tribulations of these four countries (that have run up huge deficits) have been well known for quite some time. What is more important in my opinion is not the size of the debt, which is staggering, but rather...

By Bud Conrad, Chief Economist, Casey Research The Fed is a corrupt and powerful institution, and Chairman Bernanke is making the global crisis worse. His new speech given last week in Europe was terribly misguided and will upset markets as the Chinese and Germans won’t ignore his challenges. Bernanke’s interpretations of the markets...

December gold closed higher on Tuesday and above the 10-day moving average crossing at 1365.10 signaling that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term. If December extends...

The “moving average” is a technical indicator which has stood the test of time. Nearly 25 years ago, Robert Prechter described this indicator in his famous essay, “What a Trader Really Needs to be Successful.” What he said then remains true today: “…a simple 10-day moving average of the daily advance-decline net,...

David A. Banister- www.TheMarketTrendForecast.com In latter August I penned a forecast for my subscribers to TMTF on Silver, and below is a brief excerpt from August 31st: I believe Silver is about to stage a pretty large advance based loosely on the Elliott Wave pattern I see unfolding after a 9 odd month consolidation. (Obviously, there are also...

Phil’s Stock World Man was yesterday silly! We ran with some upside plays out of the box but they died by 10:10. I called the top at 10:12 when I pointed out to Members that 2,530 was Friday’s top-out on the Nas and 2,532 was resistance going back to the Friday before.  By 10:54, the Nasdaq was back down to 2,515 and I said to Members: Wow,...