By Phil of Phil’s Stock World Two percent! That’s how much the price of EVERYTHING has gone up IN AMERICA since Christmas Day, just 6 weeks ago. This is according to the very reliable Billion Prices Project at MIT, which collects pricing data every day from online retailers using a software that scans the underlying code in public webpages...

Over the past few years Forex traders have really had to step up their game in order to continue making money in the currency market. Back in the day before currency trading was main stream, currencies used to trend in a direction for a long period of time with a low level of volatility. But with so many individuals now involved speculating on price...

by Karl Denninger How long before this crap becomes “uncivil” in some form or fashion? Washington, D.C., Feb. 11, 2011 — The Securities and Exchange Commission today charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition. The...

After the markets rallied expecting Mubarak to step down they retreated fast and his speech was nothing of the sort. We are now getting reports that the crowd will march to the Presidential Palace. That comes from NBC’s Richard Engel. That could set up a real BIG showdown. Stay Tuned

by Karl Denninger I can’t figure this one out folks…. but I don’t like it. Remember, LPS allegedly may be in some trouble on a suit that I’ve written on before. Well, the other day we saw this: What I was interested in was whether those PUTties “stuck” – that is, were they taken off, were they someone daytrading...

By: John Darsie Of T3Live The market is pushing higher in Thursday’s session, erasing pre-market losses amid reports that Egyptian President Hosni Mubarak is set to step down. Protests have spread throughout the country form their epicenter in Tahrir Square, Cairo, and many government workers are threatening to strike if the much maligned dictator...

Dear Trader, (Make sure you read this entire message because I have some BIG NEWS at the end of it…) Video #3 of Bill Poulos’s BRAND NEW Forex trading lab series is ONLINE! “60 Second Live Trading With My Forex ‘Profit Multiplier’” Watch it here… In this video you’ll see some actual live...

The past couple weeks I have been keeping a close eye the price of gold and the gold miners index. I check to see if its pointing to higher or lower prices in the near future using inter-market analysis, price and volume, along with technical analysis. At this time the charts are still pointing to lower prices in the coming days or weeks. Taking a look...

By Terry Coxon, The Casey Report It was Otto von Bismarck who explained that “politics is the art of the possible.” We can thank him for that much, but he didn’t tell the whole story. I’ll give you the rest of it. Politics is the art of the possible fictions you can get away with. Politics is mostly dissembling, and the dissembling is mostly...

Courtesy of Phil of Phil’s Stock World 1,332. That is a 100% in the S&P since it’s March 2009 low of 666 (see David Fry’s chart).  Does it matter?  Can we expect even a LITTLE pullback after a 100% run or is it “to the moon Alice” and maybe Mars and Jupiter while we’re at it as the Federal Reserve’s...

by Tyler Durden The days of the inverse triple (then double, then single) leveraged ETFs are coming to an end. And in a market where the only direction is only up, with zero volatility, zero distributions, and now, zero volume, we wish them a quick and painless death. Barclays Bank has just announced it is suspending creations of its inverse leveraged...

Courtesy of Mish Via email, reader Denis wonders “Where did the Money go?” Hello Mish I read many times on your blog how bubbles created by the Fed led to the overpricing of assets such as real estate and stocks. Someone paid those overpriced valuations. So, where is the money? At some point will that money be used to mitigate the economic...

Dear Trader, Did you see the new Forex “Profit Multiplier” training video I sent you that reveals Bill Poulos’s custom “trade alert” software? It’s causing quite a stir on his website… -and, he just posted the followup to it, Training Video #2: * His Forex “Profit Multiplier” In Action You...

At the risk of stating the obvious, the recent market action in the commodities has been manic with wild gyrations of price in a wide variety of basic materials, metals, and energy. Given these wild fluctuations in price, I thought we could look at an options trade in USO that gives a high probability of success. In order to give a bit of a conceptual...

by Karl Denninger Hmmmmmm.. Wells Fargo & Co. Chief Financial Officer Howard I. Atkins resigned for personal reasons, taking an unpaid leave of absence, and will be replaced by Chief Administrative Officer Timothy J. Sloan. Legitimate reasons to do this include your diagnosis with terminal cancer or that of a close family member. Every other reason...