by Karl Denninger You can’t make this up. Senior Obama administration officials Thursday afternoon announced a national, case-by-case review of the more than 300,000 cases pending on the immigration court docket with plans to cull out suspected illegal immigrants without serious criminal records. That’s 300,000 jobs Americans could have...

by Tyler Durden The “panic” trade had a few hours to eat dinner, and now it’s back to business. As Asia opened, the kneejerk reaction to Europe closing is that, naturally, Europe will open in a few short hours, this time however with fresh fears of what the SNB might be cooking if it needs Fed assistance to sustain its local banks’...

Tim Iacono The chart below would be far less terrifying if August were almost over, but, since we’re only about half way through and have already seen the most 200+ point days for the Dow in a single month since December of 2008 (when it looked like the global financial system might not survive) many stock investors are probably reaching for the...

Courtesy of Joshua M. Brown, The Reformed Broker The recovery is dying and the markets don’t much like to hear that. The Dow is off 4oo points as of this posting, off the lows now that Europe has closed.  The S&P and Nazz are off 4% apiece as well.  We’re sitting on our hands here with lots of cash and bonds.  Just as we’ve been since...

Dear Investors/Traders, The Dow has plummeted over 2000 points in the past weeks and it seems like volatility is here to stay. Yet, market volatility doesn’t have to bring confusion and fear when you’re prepared with the necessary market analysis. For example, here’s what Robert Prechter had to say about market volatility in his May 2009 Elliott...

By Eric McWhinnie Gold (NYSE:GLD) has been in an uptrend for over a decade now.  Last week, gold climbed above $1800 per ounce before consolidating.  Although gold seems to break a new nominal high every other day, the gold critics have been consistently wrong about gold being in a bubble.  In fact, Geroge Soros called gold in late 2010 the “ultimate...

The past few weeks traders and investors have been completely spooked from the surge of negative news and collapsing stock prices. This fear can be seen by looking at the volume on the GLD gold ETF fund. With gold being in the spot light for several years now and the fact that anyone can own gold simply through buying some GLD shares. It only makes...

SK Options Trading Given that gold has hit our target of $1800 we feel it is appropriate to review our outlook on the gold market, the state of key factors that influence gold prices and possible trading strategies going forward. These past few weeks have affirmed our view that gold stocks are not a suitable vehicle for trading or investing in gold...

Bears yelling fire in empty theater Let’s clarify the SP 500 situation here: (Sent to my paying subscribers on August 16th) Consider subscribing so that you will be consistently informed, have 24/7 Email access to me with questions, and also get Gold and Silver forecasts on a regular basis. Subscribe now with a 33% discount coupon ahead of our...

Tim Iacono You’d have to think that, at some point, the Commerce Department is going to lose interest in reporting the monthly housing starts data since, if the graphic below were an EKG, the patient would clearly be dead. Nonetheless, they push on, today’s report(.pdf) indicating that housing starts fell 1.5 percent to an annual rate of 604,000,...

Fallond Stock Picks Modest losses after recovering some of the midday decline. Volume was light – despite modest distribution in some indices – which keeps things bubbling along for bulls. Speculative indices took more of a hit than the more defensive S&P and Dow. The S&P held yesterday’s gain after a worrying start. The tight...

by Andrey Dashkov, Casey Research In the first quarter of 2011 (Q111), net gold hedging was reported by GFMS and Société Générale. A gold mining company may hedge its production on expectations of falling gold prices in order to lock in high prices and possibly avoid losses. As gold hits one nominal high after another, is such behavior a sign that...

T3Live Stocks continued to reclaim losses that followed the unprecedented US sovereign debt downgrade by S&P just over a week ago, starting the week with a nearly 2% gain in the Dow (214 points) . The downgrade accelerated a Head and Shoulders Top Pattern that we outlined on this blog two weeks ago. The down move was fast and furious, but now it...

Courtesy of Joe Weisenthal of The Business Insider The latest piece from John Mauldin contains a nugget on US fiscal policy that’s worth addressing: The economy is getting weaker. What can we do? The short answer is, sadly, not much. There were some in Maine who argued for more fiscal stimulus, but I think there is little political will for another...

By: Scott Redler of T3Live While financial markets are not perfectly efficient all the time, stocks and indexes usually find their way to “natural” levels over time. Any temporary, artificial solutions aimed at calming volatility or boosting prices typically do little to achieve their goal. In fact, it’s usually the opposite. Trying...