Category: Financial Markets 2011
The analysis published under this category are as follows.Sunday, June 26, 2011
Hyperinflationary Depression Inevitable, Banking Sector Breaking Down, Gold and Silver Volatility / Stock-Markets / Financial Markets 2011
As Stockcharts no longer see fit to run usable charts for gold and various other commodities - line charts are only suitable for schoolkids or journalists doing projects on the markets, not for serious analysis - we are going to use the chart for SPDR Gold Trust (GLD) as a stand in for gold. It is a very accurate proxy, and should continue to be, unless of course, the markets were suddenly to discover that they don't have the gold in their vaults that they say they have.
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Sunday, June 26, 2011
Stock Market Gone Nowhere, Gold and Silver in Synch / Stock-Markets / Financial Markets 2011
Last weeks ideas still stand as we essentially went nowhere over the past week, just a bunch of noise that was chopping up traders, but also left the market venerable to more downside, we were actually bullish going into the lows made last week, as I wanted to see a big reaction of the 200DMA test, as the triangle option was a setup we were following, if the market made a low, we could see a big push higher. Well we got the big push off the lows I was expecting, but the lack of follow through was the disappointment and once we broke under our keys support areas on a pullback, we knew once again we needed to get short and start looking for new lows, of course we got some wild swings from the Greece news, and I felt without that news the market was heading lower.
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Friday, June 24, 2011
Investor Fortress Assets for The Coming Anarchy – The Opportunity / Stock-Markets / Financial Markets 2011
Legendary Investor Jeremy Grantham
“concludes that the world has undergone a permanent "paradigm shift" in which the number of people on planet Earth has finally and permanently outstripped the planet's ability to support us.
Specifically, Grantham says, the phenomenon of ever-more humans using a finite supply of natural resources cannot continue forever--and the prices of metals, hydrocarbons (oil), and food are now beginning to reflect that.
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Friday, June 24, 2011
Bernanke, A Blinking Idiot and the Banking System / Stock-Markets / Financial Markets 2011
Interview with Lee Adler of Wall Street Examiner
Ilene: Lee, I've gathered from reading your material lately that you think it's time to be out of speculative trades, such as oil, now?
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Thursday, June 23, 2011
Dollar, Gold, Silver, Oil and SP500 Technical Chart Analysis Video / Stock-Markets / Financial Markets 2011
- Yesterday was do or die day for stocks and commodities to breakout but they failed once again at resistance.
- The US Dollar in overnight trading has made a strong move up and that is putting pressure on stocks and commodities.
Thursday, June 23, 2011
The Unfinished Empire, World Financial Markets Hibernating / Stock-Markets / Financial Markets 2011
WAITING FOR MIRACLES - , early this year: their unfinished business is on the back burner. Brokers and operators, in summer operating mode, only trim and adjust positions while awaiting new or decisive global events - which by market folklore only happen in September or October but before then, in fact permanently, they need miracles.
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Thursday, June 23, 2011
The Misery Index vs SP500 and Gold / Stock-Markets / Financial Markets 2011
The Misery Index, the sum of the inflation rate and the unemployment rate reaches a multi-decade high. The index was created in 1976 by Jimmy Carter’s economists in an attack on Gerald Ford, but it backfired when it spiked under Carter.
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Thursday, June 23, 2011
Greece Yard Sale for the Rich / Stock-Markets / Financial Markets 2011
Greece is fixed - now what?
Well, Greece isn't really fixed, of course, but look how fast it all turned out to be nothing and this morning hardly anyone is even mentioning it. The crowds protested but this vote wasn't in their hands - it was in the hands of their corrupted officials and they voted 100% along party lines to keep Prime Minister Papandreou in power, which will now allow him to push through another $40Bn in budget cuts (14% of GDP or $2.25Tn if applied to the US budget - in a single year) that will pretty much turn the Government of Greece into nothing more than a debt collection service for Banksters - as they no longer have the money to provide any Government services to the people.
Monday, June 20, 2011
The Greek Debt Market Theater / Stock-Markets / Financial Markets 2011
In spite of all the turmoil in the Eurozone this week, no matter how bad the situation in Greece seemed to be, or how badly the Euro was battered, none of this was enough to catapult the Dollar above its current upper resistance level of 76. Unless or until patterns change (when the Dollar pops, stocks drop), if the Dollar cannot move above this level, we don’t expect to see stocks to fall significantly.
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Sunday, June 19, 2011
Stock and Commodity Market Opportunities Galore / Stock-Markets / Financial Markets 2011
Last week I left readers with this chart, and whilst we have witnessed some choppy price action, we still have yet to confirm a potential low in place, although over the past 2 weeks, we did see 2 attempts for a low to be in place, and we were looking at buying the pullback, there is no need to catch a falling knife or chainsaw, we waited for the market to show us some evidence 1st and confirm a potential low and look to buy a pullback, as its low risk, but on both occasions it slipped through our key support areas, so we once again flipped and got short. We don't have any issues with flipping our bias if price action suggests it.
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Saturday, June 18, 2011
Investor Profit and Protection, Major Market Moves During QE3 / Stock-Markets / Financial Markets 2011
“In perhaps the best evidence of silver manipulation to date, the CFTC’s Bank Participation Report for June shows that from May 4th to June 7th, the silver short position held by 4 large US banks increased from 20,613 to 22,628 short contracts. This means that the 4 largest US banks increased their short silver position from 103,065,000 ounces when silver was trading near $50 in early May, to 113,140,000 on June 7th. Basically, The Morgue and HSBS ADDED 10 MILLION OUNCES OF SILVER TO THEIR SHORT POSITIONS WHILE SILVER DECLINED 36% IN PRICE! Lets look at this another way. COMEX silver inventories are down 28.7 million ounces. This means that in 1 months time, The Morgue and HSBS have added NEW short positions equal to 1/3 of the remaining physical silver supply on the COMEX. This means that these 4 US banks are currently short roughly 4x the amount of silver remaining on the COMEX.
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Friday, June 17, 2011
U.S. Dollar’s Close Friday Important for Stocks and Commodities / Stock-Markets / Financial Markets 2011
Investors are faced with numerous concerns, including:
- Weakening economic data: The Federal Reserve Bank of Philadelphia’s general economic index fell to minus 7.7, the lowest since July 2009, from 3.9 the prior month.
- U.S. debt ceiling: On Tuesday Ben Bernanke said, “Failing to raise the debt ceiling in a timely way would be self-defeating if the objective is to chart a course toward a better fiscal situation for our nation.”
- Greece won’t go away: It is obvious, based on the market’s recent reaction, the problems in Greece are serious and they have not been addressed.
- QE2 ending: The Fed’s second quantitative easing program (QE2) is set to formally end this month. As we discussed in this audio interview on Seeking Alpha, the Fed does not yet have the necessary political cover to begin talking about QE3.
Friday, June 17, 2011
Give Economic Catastrophes a Chance to Wipe Out Bad Investments / Stock-Markets / Financial Markets 2011
More Disasters, Please!
Whoa. Tuesday’s gains had disappeared before traders’ coffee had gone cold, yesterday morning. The Dow ended the day down 173 points…signaling what looks like a 7th straight week of losses. Stay tuned.
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Thursday, June 16, 2011
Oil Slick and Euro Debt Catastrophe / Stock-Markets / Financial Markets 2011
Good golly what a mess!
I hate to say I told you so but... Oh wait, no, I'm actually loving this... I TOLD YOU SO! Look at July 2008 and look at June 2011. Now, look at July 2008 and look at June 2011. Now, look at where oil USUALLY trades. Is it over $100 or under $80? You don't want to go back further because then the case could be made for under $60.
Thursday, June 16, 2011
Gold, Commodities, Stocks and Dollar, What's Coming Next! / Stock-Markets / Financial Markets 2011
Every act you have ever performed since the day you were born was performed because you wanted something. ~ Andrew Carnegie
The media is asking a series of ignorant and self-serving questions that will only confuse the investor and I would like to shed some light on this. Yesterday the stock market rallied and the press immediately anointed the event as the precise moment when things started to get better. They're of course wrong.
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Tuesday, June 14, 2011
How the U.S. Government Is Choking Off Access to Traditional Safe Havens / Stock-Markets / Financial Markets 2011
Chris Weber writes: Everywhere I go in the financial world in Europe, I hear the same thing: The U.S. is shooting itself in the face.
The problem is the regulations the U.S. now insists every nation impose on U.S. companies or people seeking to do business or lower their taxes.
Monday, June 13, 2011
The Stocks and Commodity Market Forecasts / Stock-Markets / Financial Markets 2011
The coming summer should be exciting for traders! While summer trading generally tends to be slow, this one could be different. A large number of other professional traders I talk with are all feeling the tension building in the market. We all think some big movements are just around the corner and the big question is which way are things going to move?
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Friday, June 10, 2011
Currencies & Commodities: QE3 Not Imminent - Remain Defensive / Stock-Markets / Financial Markets 2011
Despite weak economic data, most economists remain optimistic about a second half rebound in the economy. From Bloomberg:
Read full article... Read full article...Rising exports, stable fuel prices, record levels of cash in company coffers and easier lending rules will be enough to overcome the damage done by one-time events like poor weather and the disaster in Japan, economists said. Nonetheless, the current slackening means Federal Reserve policy makers will wait even longer to raise interest rates next year, the survey shows.
Friday, June 10, 2011
Dollar Bouncing, Markets Near a Major Tipping Point Again - Technical Analysis Video / Stock-Markets / Financial Markets 2011
- Dollar is boucing up into a resistance zone again this morning and that is putting pressure on stocks and commodities
- We are nearing a major tipping point again in the market and im looking forward to getting some action soon
- Price action on the charts are still bearish and today's video explains this in detail.
Thursday, June 09, 2011
Wiping Out All of 2011's Stock Market Gains! / Stock-Markets / Financial Markets 2011
S&P 1,260. That's the line we need to hold.
That's where we started the Year on January 3rd and we finished that day at 1,271, beginning a fine tradition of making almost all of our gains on the first day of the month, continuing a very disturbing (and very fake) year-long trend that I am calling "sell the next day (of the month) and go away." (chart by Bespoke).