You need to watch this brand new video just recorded by Bill Poulos where he shows you what his new Portfolio Prophet has to say about what’s going to happen tomorrow in the markets… * Specifically he plugs QQQQ and SPY into his software. You may be surprised at what happens. See it here: Click Here to Watch it Now Good Trading, Wealth...

by Karl Denninger Oh, so “some” banks can increase dividends or buy back shares? “Overall, both the quantity and quality of capital at many large bank holding companies have improved since the financial crisis,” the Fed said. “The return of capital to shareholders under appropriate conditions is a step in the process of improvement...

For months and months I’ve been warning investors that the dollar was going to come under extreme pressure sometime this year. I expected it to probably happen in the spring. Many people thought I was nuts. They were sure it was the Euro that would collapse, despite the fact that the EU is doing everything they can to protect their currency...

SK Options Trading During the first nine years of this gold bull market, gold prices moved with a near perfect inverse relationship to the US dollar. Indeed, in the early years gold was only really moving up against the greenback, it was only after a few years that it began to appreciate against all currencies. The game plan was simple; the dollar...

by Tyler Durden While it will not come as a major surprise to most, according to senior BOE individuals and Wikileaks, Iran, as well as Qatar and Jordan have been actively purchasing gold well over the amount reported to and by the IMF, in an accelerated attempt to diversify their holdings away from the US dollar. “Iran has bought large amounts...

In recent BullBear Market Reports I was able to successfully identify the apparent Wave 3 of (3) top at SPX 1344. I advised BullBear Trading members that I was taking 40% of my long position off the table and closing long positions in Nikkei as well as exiting short US Treasuries. I might have taken more of the position off but there was some doubt,...

by Tyler Durden It has begun – From the AP: “Top officials from the United States, Europe and the Arab world have announced immediate military action to protect civilians amid combat between Libyan leader Moammar Gadhafi’s forces and rebel fighters. French President Nicolas Sarkozy said after an emergency summit in Paris on Saturday...

by Tyler Durden Below is the most recent summary update from Reuters on the Japanese crisis. The one topic that everyone is following, however, namely whether some cable is attached to some cooling installation that probably blew up on Monday or Tuesday, gets the proper treatment: i.e., in the span of 4 minutes Reuters reports two completely conflicting...

Mike “Mish” Shedlock Here is a pair of interesting charts showing the correlation between the Canadian and Australian dollar vs. the price of West Texas Intermediate crude. Australian Dollar vs. Crude Canadian Dollar vs. Crude Both the Australian and Canadian dollars have a strong correlation with crude going all the way back to 1997....

Courtesy of Phil of Phil’s Stock World What a manipulated joke the markets are! Of course, that’s why we love them, right?  But, sometimes, even when we’re playing along – the manipulation we see is so sickening, we still feel the need to declare SHENANIGANS! On Wednesday evening, against all possible logic and on no volume at all...

Calculated Risk Update: Dividend announcements from JPMorgan, Wells Fargo, BB&T, BNY Mellon, US Bancorp. SunTrust announces a buyback. From the Federal Reserve: The Federal Reserve on Friday announced it has completed the Comprehensive Capital Analysis and Review (CCAR), its cross-institution study of the capital plans of the 19 largest U.S....

by Tyler Durden Absent further deterioration at the Fukushima plant over the weekend, the next big shoe to drop will be public reaction when the radioactive fallout hits Tokyo (and other major populated areas). And juging by the latest data available from Central Institute for Meteorology and Geodynamics (ZAMG) in Austria, Tokyo, which so far has...

Traders, If you’ve been following my Portfolio Prophet training videos this week, then you know there’s a lot of excitement around my new software & trading program that shows you how to predict the emerging “mini trends” & avoid the coming market crashes… -and that’s why I’m sending this short “courtesy...

by Tyler Durden The good old old green 75% cotton/25% linen combination formerly known as the reserve currency continues shocking everybody with just how worthless it is, because even as the dollar jumped against the Yen, it plunged against the euro, and in the DXY basket the Euro weighting is about 4 times greater than the Yen. Meaning today the dollar...

Jesse’s Cafe’ Americain Now that we have a few more data points I adjusted the green ‘parabola’ which marks what is essentially an inverse head and shoulders formation developing in the gold market. We will look to see if the formation holds and is confirmed by gold breaking out above the neckline which is around the 1450ish...