| Archives 6/30/09
Dow Correction Still Looks To Continue Snippet: The Dow pattern remains bearish as the decline from the June high at 8878 can be counted as an impulse (5 waves). A corrective rally is in its latter stages now. Roubini: Recession For Another Nine Months Snippet: Economist Nouriel Roubini is living up to his Dr. Doom nickname. He sees continued woes ahead for the economy and financial markets. House Price Crash Rate Finally Beginning To Ease Snippet:Good news! The rate of the price decline in the housing crash has finally begun to ease. Bad news! Prices are still falling 18% year over year. Gold's Bullish Trend Remains intact Snippet: Despite a recent pullback, gold continues to give out a strong bullish message. Deflation or Inflation – What’s the True Enemy? Snippet: Has Wall Street and the financial media been a trustworthy source of information when it comes to making investment decisions? No. Pundits are optimistic about the second half Snippet: Many investors, though, have already bet that things are going to get better. The Dow Jones industrial average has climbed almost 9 percent over the... David Rosenberg: Wage Deflation Is Here Snippet: Things we want to see going down are going up (oil, food) and things we want to see going up are going down (houses, wages). CNBC Editor: if you just smile, the recession will be gone! Snippet: For the umpteenth time, CNBC is declaring an end to the recession. That's right, we've turned the corner again. Savers temporarily mop up government debt deluge Snippet: Savers are soaking up the deluge of government debt being raised to fund credit-crisis bailouts and fears of a spike in long-term borrowing rates have eased for now as the problem gets deferred a few years down the road. David Rosenberg: Squashing the Green Shoots Snippet: After a week off, David Rosenberg is back, shooting down notions of green shoots and putting our collective economic uphill battle in perspective. EUR/USD Technical analysis - 063009 Snippet: EURUSD did jump above resistance line at 1.4111, trend is positive now. Technical Analysis 101: Head & Shoulders Pattern Snippet: So what does this mean for the S&P? I think sometime this week we are going to run into some big problems between 928-933. If we break this mini-channel we're in... Obamanomics Renders Economy Inefficient Snippet: Weekly Standard: The President's Policies on Energy, Unions, and Health Care Won't Help an Ailing Economy Investors' cash reserves hit 23-month low Snippet: Investors put a greater share of their funds into stocks, bonds and alternative investments in June than at any time since the financial crisis blew up in the summer of 2007... Is the NASDAQ Getting Ahead of Itself? Snippet: As you can see from the chart below, the only other time in the NASDAQ's history that the ratio was above 2.0 was during the internet bubble. Demand grows for federal jobs program Snippet: The challenge for Obama, he added, is to demonstrate that his administration will act decisively and with sufficient stimulus funds to help reverse the collapse unlike his predecessor,... $70 Oil, but Where’s the Demand? Snippet: Rising oil prices — the great villain of 2008 — are back, but this time markets are cheering. It's your patriotic duty to save! Snippet: Some are worried the recession will linger if consumers continue to hunker down and stop spending. But the rising savings rate is a good thing for the long-term. Dow 6,000, Part II Snippet: The conclusion is overwhelming: although the big-picture fundamentals may not be getting worse (so say the optimists), although the sky is not falling…the current situation is still bad... Art Cashin: Here's When Rallies Die (video) Snippet: Art Cashin, director of floor operations at UBS Financial Services, joined CNBC Monday afternoon to offer his stock-market outlook. Tax Hikes, Coming Soon! Snippet: Obama said he wouldn't raise taxes on anyone making under $250,000, a promise that's technically already been violated by new taxes on cigarettes and his pledge to sign cap & trade if it gets through The Senate. The Fed's Delicate Balancing Act Snippet: The Federal Reserve kept its near-zero short-term interest rates unchanged last week, and that lack of action has our pundits wondering how long the Fed can pretend it’s not worried about inflation before that, too... Now JPMorgan Bankers Are Set For A Raise (JPM) Snippet: Now that JPMorgan (JPM) has repaid TARP and Wall Street is booming again, it's pay-hike time. After all, Citigroup (C) gave its employees broad-based salary hikes, and the house of Dimon has to compete for talent. Can a Market Crash Save Us from Hyperinflation? Snippet: I have a very strong suspicion that this is going to be a very unpopular article. No one likes it when the market falls. A stock market crash evokes images of the Great Depression... Wall St's fear gauge suggests the worst is over Snippet: The CBOE Volatility Index .VIX, known as the VIX, provides investors with portfolio insurance against fluctuations in the S&P 500 index... Beware of falling into the end of the quarter Window Dressing trap. Snippet: The Dow was up one day out of five last week. The one day in which it gained was likely attributable to window dressing activities that are being conducted by those professionals... Tech stocks lead market rally [San Jose Mercury News, Calif.] Snippet: Buoyed by better than expected earnings and some cautious signs of optimism, tech stocks have far outpaced the broader stock market in the first half of the year... Tuesday Outlook: Bulls Awash in Liquidity Snippet: Anyway, with volume ultra-light, or absent bullish news for that matter, propping markets can be done with ease since it takes just a little paint to push things in the desired direction. Debt, Inflation and the Stock Market Snippet: It should be obvious to all that we can't get out from under our mountain of debt through spending. U.S. debt: Not so scary after all Snippet: Last week, in three separate auctions, the U.S. Treasury offered up more government debt for sale than ever before -- $104 billion dollars worth of notes and bonds. The Bush-Obama Administration Snippet: Perhaps the most striking thing about the allegedly historic election of Barack Obama has been the continuity of the current administration's policies--especially the policies related to the financial sector--with those of its predecessor. Print More Money to Avoid Bigger Slump: Hendry Snippet: Fears about inflation and hyperinflation could create another economic downturn, bigger than the one the world went through, Hugh Hendry, chief investment officer at hedge fund... Kneale: The Great Recession is Over! (video) Snippet: Is the recession over? A spate of economic metrics supports this, says CNBC’s Dennis Kneale. Does Increased Volatility Mean a Down Market? Snippet: Going back to 1993, McMillan found 35 instances where the VIX versus the 20-day HV differential was 10 points or more. 5 Stocks Yielding 4% -- or More Snippet: These companies provide income and growth potential. Next Segment Of The Housing Market To Crash: $1+ Million McMansions Snippet: The happy theory here is that, yes, prices are temporarily depressed, but when the green shoots really take hold, we'll go roaring right back to 2006 levels again. Bubbles Bubbles Everywhere: The Next Asset Bubbles Ready To Pop Snippet: Most People think they have seen enough asset bubbles to last them a lifetime. |