That seems to be the case today, atleast. Stocks are surging despite lousy economic fundamentals.
Are You Intent On Missing The Next All Out Cyclical Buy
I agree that the market has further upside, but only as a trade.
In the short term, this bull may have further to run with the SPX peaking at 1,200 before entering yet another deep bear market. The recent contraction in volume isn't necessarily bearish since stock prices aren't rising.
Cramer: Prices Are Down, Start Buying?
Uh uh...it's the Cramer curse. That probably means you should start shorting.
Seasonal Factors Influence Summer Stock Market Trend
Interesting graphs, especially Figure 2
Short term, hyperinflation is a possibility with oil topping $100 and gas $5/gallon. The fed will stop at nothing to reinflate another bubble, even if middle America pays through the nose. Also, core CPI is a poor indicator of true inflation since it conveniently excludes food and energy.
Stop the Presses – The FED is NOT Printing Dollars
No inflation? Then how would you explain the surge in commodity prices, dummy? Or the 10 -year treasury bond rising to 4% from 2%? If the banks aren't lending stop giving them money!
EUR/USD Perks Up, Is Expected To Reach $1.43 Soon
I concur. I have a target of 1150-1250 on the SPX, which will obviously be bullish for the Euro as risk taking returns.
The charts showing S&P earnings declines seem exagerated. With consumers de-leveraging, this is NOT the buying opportunity of a lifetime. There is a no catalyst for a repeat of the 40's, 50's, 80's or 90's bull makarets.
Higher fuel costs may be stalling recovery
Too bad the fed doesn't seem to get the message. Raising rates by just 1/4 point would give many small businesses and consumers much needed relief. Once again, the little people are the losers when the economy 'recovers'.
CHART OF THE DAY: You Call This A Housing Rebound?
The market's reaction was muted, so the fundies probably saw the chart, too. Interesting, nevertheless.
14-to-1 down breadth day may signal new downtrend
Good charts.
The next shoe will drop eventually. It is far too premature to call a recovery when many indicators suggest stabilization at best. In fact, there may never be a recovery unless you define 1% YOY GDP growth as such.
It's Obama's economy now
Obammi's inexperience is showing. $800 billion down the drain and nothing to show for it.
I find it odd how liberal writers from the Huffington Post are advocating the same spendthrift, inflationary economic policies as Greenspan and George W. Bush; policies that hurt lower and middle class people.
Can Tesla Become a Real Automaker?
$465 million from tax payers? If that isn't welfare capitalism I don't know what is. Why should taxdollars be used to fund a company that produces a product that only benefits the wealthy?
But now stocks seem to be on the rise yet again. This is why I don't put much faith in moving averages. The SPX will retest march lows based on poor economic fundamentals.
10 Things Moving Companies Won't Say
Good advice.
GOLD, A Case for the Bulls
A short term target of $1,100/ounce seems feasible.
That seems to be the case today, atleast. Stocks are surging despite lousy economic fundamentals.
Are You Intent On Missing The Next All Out Cyclical Buy
I agree that the market has further upside, but only as a trade.
In the short term, this bull may have further to run with the SPX peaking at 1,200 before entering yet another deep bear market. The recent contraction in volume isn't necessarily bearish since stock prices aren't rising.
Cramer: Prices Are Down, Start Buying?
Uh uh...it's the Cramer curse. That probably means you should start shorting.
Seasonal Factors Influence Summer Stock Market Trend
Interesting graphs, especially Figure 2
Short term, hyperinflation is a possibility with oil topping $100 and gas $5/gallon. The fed will stop at nothing to reinflate another bubble, even if middle America pays through the nose. Also, core CPI is a poor indicator of true inflation since it conveniently excludes food and energy.
Stop the Presses – The FED is NOT Printing Dollars
No inflation? Then how would you explain the surge in commodity prices, dummy? Or the 10 -year treasury bond rising to 4% from 2%? If the banks aren't lending stop giving them money!
EUR/USD Perks Up, Is Expected To Reach $1.43 Soon
I concur. I have a target of 1150-1250 on the SPX, which will obviously be bullish for the Euro as risk taking returns.
The charts showing S&P earnings declines seem exagerated. With consumers de-leveraging, this is NOT the buying opportunity of a lifetime. There is a no catalyst for a repeat of the 40's, 50's, 80's or 90's bull makarets.
Forex-Trends : EUR/USD Technical analysis
With the fed treating the dollar like toilet paper, now is a good time to go long the Euro.
When is the Best Time to Buy Gold?
Good article regarding the best time to buy gold.
It looks like the rally decided to stick. There is a possibility that insiders are merely taking profits after a sudden, huge rally. The problem with these kind of articles is they tend to give false hope for short-term, retail short sellers.
Citigroup Is Said to Be Raising Pay for Workers
It's reassuring to know that our tax dollars are being put to good use. /sarcasm
What exit strategy? The drama isn't overThe fed's goal is to transfer America's economic sovereignty over to the Chinese in order prop up the failing economy.
Fear gauge is on the rise, but not fear itself
At this stage you can't infer anyting useful from the vix. It will remain range bound between 25-40, regardless of the overall market.
Exit Ahead? Not So Fast
But on the other hand, commodity prices are surging and other economic indicators are bottoming. Maybe the fed should consider removing the punch bowl before gas hits $5/gallon, but good luck with that.
S&P Watch: A Possible Surprise to the Upside? The World Bank forecast may be true, but the price moentum is def. bullish, which is why I'm long (for now).
The New Regulations Will Fail, And Here's Why
No kidding. Already, things are returning to how they were before. The fed is reinflating a bubble. Citi increasing salaries with tax payer TARP money.
Stock Losses in Oughts as Bad as in 1930s Depression
It's gonna get much worse. The SPX may peak at 1200 short term, but eventually break March 2009 lows as the deflationary spiral resumes.
The Audacity of Speed
Thankfully, Obammi will be a one-termer, but the dammage done may take decades to reverse. Generations will inherit this debt.
The Audacity of Speed
Thankfully, Obammi will be a one-termer, but the dammage done may take decades to reverse. Generations will inherit this debt.