by Karl Denninger Geithner may try, but he cannot compel Attorneys General in both parties to settle for pennies on the dollar and relinquish all of their liability for consumer protection violations and fraud upon state courts. He cannot influence investors who see a giant meal ticket in the form of forcing big banks to repurchase faulty mortgage backed...

Today you’re able to secure a copy of my bestselling book “The Complete Guide to Day-Trading” for no cost just for being a loyal TMG reader! Secure Your Copy Here I’ve put my heart and soul into the teachings to ensure that everything you learn is practical, actionable, and most of all…PROFITABLE! In addition to the ‘on me’ book, I’m...

Submitted by Brandon Smith of Alt Market H/T Zero Hedge Breaking The Silver Manipulation Barrier In 2011, so far gold has been the champion investment above and beyond any contender, including stocks and equities. At the announcement of the S&P downgrade of America’s credit rating, only gold showcased immunity. In fact, gold has thrived (as...

By Jordan Roy-Byrne, CMT Savvy and experienced market technicans and traders will laud the concept and importance of relative strength. Relative strength analysis can be used on any time frame. On large time frames it can tell us which sectors could be future leaders. On shorter time frames it can also provide insight to the future. In this analysis...

by Karl Denninger … but expecting a different result. The policy wonks have all been out the last couple of weeks extolling the “virtue” of the need to “stimulate” the economy now, but have fiscal restraint later. Of course “later” is defined as “when I chve office” and now is defined as “give...

Free Report Available Now During the past few years, The Federal Reserve has engaged in a “deliberate inflating policy.” This policy earned disfavor, both at home and abroad. Robert Prechter said this in the July Elliott Wave Theorist: “Foreign powers have been irate over the Fed’s deliberate inflating policy. At its outset,...

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 8/12/11. What a week of market swings and volatility. Now that the dust has settled, let’s examine what happened in the major markets we track. Out of the six markets we track every trading day, three markets were in...

High Chart Patterns Here’s the legend of a small sampling of international banks but interesting nevertheless: Black: Bank of Montreal ($BMO), Green: TD Bank ($TD), Blue: JP Morgan ($JPM),  Purple: Banco Santander ($STD),  Red: HSBC ($HBC), Orange: Bank of America ($BAC), Yellow: Citibank ($C), , Note how they look like they converge near the bottom...

by Karl Denninger    This decision is one of the best - and most-expansive – I’ve seen on the matter of health care and the “individual mandate.” The Court has struck the individual mandate, but decided against enforcing non-severability – a result that I found somewhat surprising, given the congressional record.  However,...

Courtesy of Phil of Phil’s Stock World Kudos to Dylan Ratigan for losing his temper and telling the TRUTH. Ratigan is everything a reporter used to be in the days when integrity mattered. He told CNBC to shove it rather than toe the line and push their snake oil and his show is a breath of fresh air in an otherwise stale media landscape....

Courtesy of Joshua M Brown of Reformed Broker I’m busy with a massive rebalance today, nibbling at equities after a 15% decline and some minor bond trimming to get my core accounts back to their weightings.  That said, I did want to take a moment to put this out there… One of the dumbest syllogisms in all of investing goes like this: The insiders...

By David Galland, Managing Director Casey Research I am beginning to feel a bit like one of the French unfortunates stumbling through the fog in the Ardennes, circa 1914. Except that, instead of Germans full of deadly intent coming at me in the gloomy forest, it is a flock of black swans. As it was for the French in the Ardennes, the number of problems...

Scott Redler Of T3Live I sent out a chart on August 10th with different set ups for buying Gold/GLD. We do use a tier system- this way we can scale in and scale out of potential trades. In last e-mail I sent out on August 10th was when Gold was on its highs. The GLD’s were extending into the $175 area. We did state in that note, that it’s not the...

by Karl Denninger If I hear one more time about how TARP “worked” I’m going to throw up. Let’s look at it in pure chart form, because that puts into stark relief the lie often told: TARP passed on 10/3/2008.  The XLF (Financial Sector exchange-traded fund)) at the open of that day stood at $20.19.  It never rose above that...

by Tyler Durden July retail sales came in line with expectations at 0.5%, which is to be expected: after all, as Bank of America most recent implosion demonstrates all too vividly suddenly, there is a favorable trade off to millions of Americans not paying their mortgage, and also maxing out their credit cards a unprecedented rates. Naturally, the negative...