Copyright 2007-2009 iamned.com financial opinions updated daily
| Archives 6/28/09 ------------------------------------------------ Sidelined Cash Levels Remain High Ha, Ha, ha. That's a load of BS. The cash was destroyed when the markets plunged 45% last year. Here comes the second half I supect thsi rally has further to go despite the lousy shape of the economy. The huge funds that move Wall Street are choosing to ignore bad news, but for how long? Nightmare on Wall Street? Upcoming Bank Earnings Could Rock World Markets You know what would really rock Wall Street? If people had jobs! Wall Street hates employment. Double digit unemployment and the S&P 500 is up 40% in three months. WTF?? /sarcasm Stock Market Trading Range Continues...Bullish Pattern Holds Potential I also see thepotential for the S&P 500 to keep moving higher. Not a good time to short. Political Economy: Alphabet Stew The double dip recession is rare. Fine. We'll have an 'L' Embrace Deflation - It's The Cure, Not The Problem i agree. Deflation will give middle America a much needed reprive from surging energy and food rpcies, and inflation-lagging wages. A shrinking economy is also a more hospitable one for those on the lower rungs of society. The Dollar's Long Term Trend Appears to Be Set in Stone A retest of 2008 lows seems inevitable. Damp conditions to limit fireworks from ISM, payrolls Then maybe we should actually get a large selloff this week? Pthhhh doubt it becasue that would be too obvious. That's why I'm still long, but only as a trade. Personal Income, Savings and Retail Stocks: Reality Speaks The reality is the economy is sunk. A higher savings rate will quash any hopes of a 'v' shaped recovery. Reeves: Happy days will be here again Wake up. This is not the 50's or 60's. The American empire has long peaked. Are gas prices really declining? Something needs to be done. It seems illogical how oil could fall $5 and gas prices only fall a few pennies.br> The Next Major Financial Crisis Don't be fooled by all this talk of 'green shoots'. Those green shoots are an illusion. Why stagflation is coming Actually, a deflationary recession is far worse than hyperinflation, and that's where we're eventually headed. Dow Jones INDU On-Balance-Volume Stock Market Sell Signal Interesting article with good charts. Optimism Takes a Hit, and So Do Stocks Stock were flat last wek. Even for a bear such a myself that was hardly a 'hit', but more of a nudge. Sentiment Overview: Is Bearishness a Bullish Sign? In this market up is down and left is right. Job loss? Pthhh who cares. Market rallies anyway. None of it makes sense. < Resistance Should Contain Rangebound Brazil EWZ ETF The movments of BRIC ETFs suh as EWZ and FXI are hihgly correlated with the US stock market. If the S&P 500 rallies another 10%, all of these ETFs will probably surge between 20-30%, regardless of what your charts say. Has the Stock Market Peaked for 2009? Interestring article with good graphs. The most pertinent question is; 'How long can the market keep ignoring bad economic data?' Stimulus money flows, but jobs slow to arrive Does this come as a surrpsie? Nope. Democrats on the blogosphere are beginning to realize that maybe republicans were right all along. Gold Retains Bullish Rating Despite Weeks Lackluster Performance We're all wating to see if gold can breakout above 1000 for good. An article about impending hyperinflation. Due to a veru busy schedule today, links will be posted without pictures and less commentary! Time to dive back into the market? This rally is just a pause before the next shoe drops, but that doesn't mean it can't continue for a awhile longer. Market returns during this holiday week could be more positive than usual Interesting article. Yet another reason hy the market maykeep going higher in spite of the fact we're in the worst recession in 70 years... Creating Debt to Reduce Debt Doesn't Work Just don't tell that to Washignton DC! No stimulation in Obama's stimulus package I agree that Obama's green jobs initiatives do more harm than good. Smack in the Middle of the Greatest Stocks Bear Market of Our Lifetime The author elucidates why the economy wont recover anytime soon. Robert Scheer: In Financial Crisis, Obama Is More of the Same Couldn't agree more. There is no change. The Fed: Our economy's protector? Good read; the fed allowed this crisis to happen with easy liquidity. Historical trends bode well for July and the second half A strong rally for the remainder of the year is a possbility that shoudn't be ruled out if you're short. |