Gold and Stocks still heading higher with GDP crushing

Posted on February 2, 2011 at 9:45 pm
As most sophisticated investors and traders are aware, the U.S. Federal government has run up significant deficits and the long term debt burden is becoming a drain on Gross Domestic Product. That being said, most economists are discussing the possibility of a major decline in the value of the U.S. Dollar going forward as inflationary monetary policy...
Filed in: Market News
Submitted by Tyler Durden While everyone is relishing the Fed’s third and only mandate these days, namely to send the Russell 2000 to 36,000 and cotton limit up to infinity and beyond, while everyone else is terrified to short stock in advance of what increasingly appears like near certain additional quantitative easing, congressman Ron Paul...
Filed in: Market News

Apple (AAPL) Back in the Saddle Again

Posted on February 2, 2011 at 4:32 pm
By: Scott Redler of T3Live Big cap tech has been sloppy of late, and I have instead chosen to focus on other, more calculated set-ups out there. But today I am ready to once again revisit my old friend Apple Inc. (AAPL). Since Steve Jobs announced his third medical leave of absence, AAPL has been like a live power-line thrashing about in the street...
Filed in: Market News

IMPORTANT: Top 3 FOREX Trades of 2011

Posted on February 2, 2011 at 4:20 pm
Where to Get Rich in Currencies in 2011: How to play the THREE biggest currency trades that hedge fund traders are already drooling over. Click here to watch it now Even if you DON’T trade currencies or FOREX, these 3 big currency trades could put a lot of money in your pocket over the next several months – or cost you...
Filed in: Market News
by Lorimer Wilson, editor of www.munKNEE.com Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? Without a crystal ball, we simply don’t know. One thing we can do is examine the past to broaden our understanding of the range of possibilities [so let's do just that by looking at charts of the inflation-adjusted...
Filed in: Market News

SILVER BUTTERFLY: AN OPTION TRADING LESSON

Posted on February 2, 2011 at 10:18 am
One of the notes that I keep stuck to my computer reads “remember seasonality”. For those just now becoming familiar with options, you may assume I am reminding myself not to forget deer season or the opening of the season for striper fishing. While these are important dates for many of us to remember, I am reminding myself that there are distinct...
Filed in: Market News

Friday’s Sharp Decline Now A Distant Memory

Posted on February 2, 2011 at 8:31 am
By: John Darsie of T3Live The market raced back to highs yesterday to kick off February, making Friday’s sharp decline now a distant memory. Friday there were no buyers in the market, and yesterday there were no sellers. It appears that Friday’s ‘dip’ got people enthusiastic about buying into the market again, and strong...
Filed in: Market News

Open Letter To The Republican Party-Health Care

Posted on February 2, 2011 at 8:27 am
by Karl Denninger You have the opportunity to shut down the White House and their continued lawlessness with their refusal to honor the decision out of Judge Vinson. De-fund, right now, all of the executive departments involved in this crap-pile, including the IRS, HHS and even The Executive’s office budgets! The power of the purse belongs to...
Filed in: Market News
by Tyler Durden According to Al Jazeera, pro-Mubarak forces have clashed with the revolutionaries, in a sign that the “counter-revolution” has begun, and an Al Arabiya reporter has been stabbed by those who prefer Mubarak. It also appears that the pro-Mubarak forces are arriving on horseback, camelback and in chariots. Elsewhere, Egypt’s...
Filed in: Market News

The Future of Gold-Video

Posted on February 2, 2011 at 12:21 am
Despite all the turmoil in Egypt and the Arab world, gold has stubbornly refused to rally. This probably causes great concern amongst the gold bugs and the folks who are bullish on gold. As we have mentioned before many times on this blog, “perception is more powerful than fundamentals.” While the gold bugs argue that the market is being...
Filed in: Gold, Market Videos

Gold is bottoming and longs soon to be rewarded

Posted on February 1, 2011 at 10:37 pm
Dave Banister-  www.MarketTrendForecast.com My more recent forecasts for Gold were intermediately bearish from the $1390’s area as we saw a clear triple top breakdown from the 1425-1430 ranges about 8 weeks ago. However, the drop to $1310 fulfills a potential Fibonacci pivot low according to my Elliott Wave views on Gold, and investors can...
Filed in: Gold

When and How Gold Will Begin its Bubble

Posted on February 1, 2011 at 10:23 pm
By Jordan Roy-Byrne, CMT The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or corrected. That aside, we know that Gold is...
Filed in: Gold

The “Recovery” in Consumer Loans Isn’t Real

Posted on February 1, 2011 at 10:20 pm
By Bud Conrad, The Casey Report The amount of loans being provided by our banking system is a good reflector of the strength of our economy. Below is a big-picture view that shows the total loans in the U.S. as the Fed reports in its H.8 each week. We can see that loans outstanding declined at a rapid rate at the beginning of the current great...
Filed in: Market News

How the US Government Manipulates Inflation Data

Posted on February 1, 2011 at 10:05 pm
Courtesy of Phil of Phil’s Stock World The PCE bothered me yesterday. The Government told us that the PCE core price index for December was 0% – no inflation at all.  I found that to be incredible – as in not credible at all and then Tusked asked me how long the Bernank could keep justifying his rampant money printing with fake...
Filed in: Market News
by Tyler Durden Last week’s GDP miss is now long-forgotten, as not only that but the Egyptian revolution has been priced into daily POMO and $195 billion worth of incremental liquidity from the SFP program unwind.Today, David Rosenberg ignores all the noise comprising the number which lately is almost as credible as the goal-seeked data coming...
Filed in: Market News