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Tuesday, September 16, 2008

Financial and Credit Markets Seizure / Stock-Markets / Credit Crisis 2008

By: Mike_Shedlock

Distrust between banks is growing. They are all wondering "who's next". Fear of an AIG implosion is on everyone's mind. But what to do about it? See The Crime In Buying AIG Time for some non-solutions that will put Life insurance policies, retirement annuities, and the like at risk just so AIG can make good on a bunch of derivative bets gone bad.

LIBOR Soars Amid Global Credit Seizure

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Tuesday, September 16, 2008

The Death of Wall Street- Protect Yourself from the Banks / Stock-Markets / Credit Crisis 2008

By: Mike_Stathis

Searching for Sanity
Wall Street's business model is broken. The high stakes game of Russian Roulette which Wall Street never seemed to lose, is taking them down one by one. Commercial banks aren't in much better shape either. In fact, the business model of the entire financial system is broken. And the pain is only going to get worse.

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Tuesday, September 16, 2008

Stocks Bear Market Risk and Gold Bottoming / Stock-Markets / Stocks Bear Market

By: Mike_Paulenoff

Tuesday likely will be another pivotal day for equities, with Goldman Sachs earnings due out before the opening bell, and at 2:15 PM ET, the FOMC decision. Some people already are calling for a rate cut of 50 bps (to 1.50%) in order, I suspect, to allay investor fears in the aftermath of the Fed refusing to throw more money at companies with ugly balance sheets and bad debts.

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Monday, September 15, 2008

Credit Crisis Developments Explained - China Cut Short-Term Interest Rates / Stock-Markets / Credit Crisis 2008

By: Fredrick_William

There appears to be a good deal of opacity in what the Fed has said on Sunday regarding a broadening of the collateral it is willing to hold on short-term emergency loans to primary dealers. The exotic financial instruments created this week-end by the Fed are very difficult to price. The effects are less contained than in the past and they are larger given that they emanate from the subprime crisis and directly affect the net worth of households.

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Monday, September 15, 2008

Lehman's Bankruptcy the Ultimate Wall Street Derivatives Defaults Nightmare / Stock-Markets / Credit Crisis 2008

By: Money_and_Markets

Martin D. Weiss writes: In the wake of Lehman's demise, Fed Chairman Bernanke and Treasury Secretary Paulson will try to put out the word that it's no great trauma.

But it's a lie and they know it. If they openly admitted that the Lehman collapse will paralyze Wall Street, torpedo the stock market and sink the economy, they'd have to pony up $100 billion or more to support it. Instead, their agenda was to push big banks to put up the money. And they failed to do so.

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Monday, September 15, 2008

The Death of Wall Street -Part 1 / Stock-Markets / Financial Crash

By: Mike_Stathis

Although not yet official, the verdict is on the way. Bear Stearns led the death march a few months ago. Now, Lehman's bankruptcy filing signals the halfway mark of what will end up being the death of Wall Street. Now Goldman Sachs stands alone as the sole remaining true Wall Street firm.

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Monday, September 15, 2008

Stock Markets Fizzle Out After Freddie and Fannie Bailout Rally / Stock-Markets / Global Stock Markets

By: Regent_Markets

A week that showed so much promise ended up being a huge let down. A lot of ink was spent on the take over of Freddie Mac and Fannie Mae by the US government, and it allowed equity markets around the world to open the first trading day up 3%. This sadly didn't last, as traders realized quickly that this take over was akin to putting a band-aid over a third degree burn; it was not a long term solution

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Sunday, September 14, 2008

Bailouts Killing Free Market Capitalism / Stock-Markets / Government Intervention

By: Money_and_Markets

Back on August 1, I asked the question: "When is enough, enough?" I wrote:

It seems like every week we get another borrower bailout initiative.

Or another multi-billion dollar package of legislation.

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Sunday, September 14, 2008

Stock Markets Close to Making an Intermediate Low / Stock-Markets / US Stock Markets

By: Mike_Burk

The good news is: We are close to an intermediate term low.

Short Term The market is overbought. The chart below covers the past 3 months showing the S&P 500 (SPX) in red and an indicator showing the percentage of the last 3 days that have been up (%UP) in black. Dashed vertical lines have been drawn on the 1st trading day of each month.

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Saturday, September 13, 2008

Definitive Guide to Financial Markets Trading  / Stock-Markets / Financial Markets

By: Joseph_Russo

The Ultimate in Tactical Price Forecasting – Bar None When it comes to strategically trading broad market equity indices profitably, there is simply no match for Elliott Wave Technology's Near Term Outlook . We respectfully challenge any short-term advisory or software generated algorithms to improve upon or better optimize the efficiency of tactical trading dynamics we dispatch daily for the Dow, S&P, or NDX.

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Saturday, September 13, 2008

Banana Backed Securities Turning United States into a Banana Republic / Stock-Markets / US Economy

By: David_Petch

Imagine if you will the US government finally after nearly 50 years opened the vaults of Fort Knox for an inventory of gold by an "External Auditor". There have been claims by the folks of the US Government of audits as recent as one year ago…there are a number of thoughts regarding IF there is in fact any gold present in Fort Knox. This article is not intended to debate the above thought, but to metaphorically "think" what they truly would find within the vaults of Fort Knox. My thoughts are that opening the vault of Fort Knox as above would result in seeing it filled with bananas…quite a contrast to the expected yellow objects "thought" to be contained behind tonnes of steel.

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Saturday, September 13, 2008

Bailout Lemmings Getting Ready to Jump Over the Cliff / Stock-Markets / Financial Markets

By: Anthony_Cherniawski

Now that Fannie Mae and Freddie Mac are placed under conservatorship, you would think that the politicians would step away from that mess and let things settle down. Instead, the U.S. Senate Banking Committee members urged Fannie Mae and Freddie Mac , the mortgage companies placed under federal control this week, to freeze foreclosures on loans in their portfolios for at least 90 days.

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Friday, September 12, 2008

Proxy Short Position in S&P 500 Stock Market Index / Stock-Markets / Stocks Bear Market

By: Peter_Schiff

There are so many crosscurrents in the markets right now that I really don't trust much if any sector on the long side. With that in mind, and in view of the multitude of uncertainties we are faced with, our model portfolio will remain in our proxy short S&P 500 position via the long side of the Short S&P 500 Proshares ETF (AMEX: SH). Let's notice the cluster of critical support represented by the rising 20 and 50 day moving averages, as well as from the September up trendline -- all in the vicinity of 69.00-68.60. Unless that area is violated, we need to maintain a proxy short position.

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Friday, September 12, 2008

Insolvent Commercial Banks Seek More Emergency Cash / Stock-Markets / Credit Crisis 2008

By: Adrian_Ash

"...Can you say Permanent Liquidity Insurance Facility without crying, yawning or laughing like a drain...?"

So U.S. Treasury Secretary HANK PAULSON – if the source gabbing to Reuters this week wasn't fibbing – remains "adamant" that he won't help fund the fire-sale of Lehman Bros.

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Friday, September 12, 2008

Equity and Commodity Markets Dichotomy of Sanity / Stock-Markets / Financial Markets

By: Brian_Bloom

One dictionary meaning of the word “dichotomy” is: “Division into two usually contradictory parts or opinions”. Alternatively: “being twofold; a classification into two opposed parts or subclasses.”

It has been this analyst's experience that truly sane people are those who sometimes display symptoms of what appears to be insanity. One cannot appreciate light unless one has experienced dark. One cannot appreciate happiness unless one has experienced sadness. No one can be truly sane unless he experiences flashes of insanity. It's a question of degree.

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Friday, September 12, 2008

General Motors (GM) Breaks Out / Stock-Markets / US Stock Markets

By: Mike_Paulenoff

We told our subscribers earlier today with General Motors (NYSE: GM )at 11.75 that the pattern -- a spike low followed by a vertical thrust, followed by a 60% pullback that morphs into a rounded secondary base formation -- usually finds a way to take off to the upside. Wow, did GM rocket after that, above its breakout plateau at 11.85/90 to an intraday high so far at 12.82. The bullish pattern remains intact and continues to point to 13.10/20 and then 14.00/20. Only a close below 11.75 will compromise the still bullish outlook.

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Friday, September 12, 2008

Looking for a Stock Market Bottom? Look to Wall Street / Stock-Markets / US Stock Markets

By: Mike_Stathis

Wall Street created this mess and they continue to mislead everyone who bothers to listen. But it will be Wall Street that signals a bottom if you know what to look for. Watch for massive downgrades and/or extreme pessimism. This is how the game is played. Remember how the Internet bubble played out? Wall Street surely won't tell you when to get out of the market. But they will tell you when to get back in if you know how to read their actions.

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Thursday, September 11, 2008

Stock, Commodities and Currency Futures Markets Analysis / Stock-Markets / Futures Trading

By: INO

The September NASDAQ 100 posted an inside day with a higher close on Wednesday as it consolidated some of Tuesday's decline but remains below broken support marked by July's low crossing at 1765.25. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline below July's low, March's low crossing at 1693.75 is the next downside target. Closes above the 20-day moving average crossing near 1870.65 are needed to confirm that a short-term low has been posted.

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Wednesday, September 10, 2008

Intraday Double-Bottom in SPY Stock Market Index / Stock-Markets / US Stock Markets

By: Mike_Paulenoff

Although the S&P 500 Depository Receipts (AMEX: SPY) pressed lower than I thought was likely, the secondary low at 122.55 preserved this morning's pre-open LEH low at 122.47. The subsequent rally to 123.94 has left behind an intraday double-bottom that has power to revisit key near-term resistance at 124.00, which if hurdled should trigger continuation to 125.25/50 thereafter.

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Wednesday, September 10, 2008

Globalist Ultimatum: Pay up or Collapse / Stock-Markets / Credit Crisis 2008

By: Patrick_Wood

There's going to be no end of controversy over the bailout of Fannie Mae and Freddie Mac.

On September 9, 2008, CNBC's popular financial show “ Squawk Box Europe ” interviewed Jim Rogers (CEO of Rogers Holding) on his view of the government takeover of Fannie and Freddie:

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