Archive - Feb 5, 2010 - Blog entry
U.S. Counterterrorism Officials Insisted that Crotch Bomber Be Let Into Country
Submitted by George Washington on 02/05/2010 23:45 -0500Please ignore this story. It is not important, and not relevant to anything you care about ...
Jamie Dimon's Thoughts on Chinese Banking System
Submitted by Vitaliy Katsenelson on 02/05/2010 16:59 -0500TheStreet.com has dug up a very interesting email that shows what goes behind closed doors when the heads of two of the largest US and Spanish banks get together and talk. Not all of it appears to be legal – there may be collusion and an agreement not to compete for acquisitions.
The good news is next week's $81 B in coupons should be a bit cheaper for Treasury
Submitted by EB on 02/05/2010 14:50 -0500At the rate things were going in mid-January, the 30 Year yield was set to blast through the June 09 highs. Amazing what a little equities downturn will get you, as...
The Fat Lady is Not Singing for Gold
Submitted by madhedgefundtrader on 02/05/2010 08:36 -0500If you’ve hear of peak oil, peak gold will be much worse. Investors are so scared from the events of the financial crisis that it will influence their investment decisions for decades. Did I mention there is an emerging market central bank bidding was for the barbaric relic? Buy when there’s blood on the street, preferably not your own. $2,300, here we come. (GOLD), (GLD), (ABX)
Bloomberg on Unemployment and the Potential for a Big (not so) Surprise
Submitted by Reggie Middleton on 02/05/2010 07:54 -0500Bloomberg has an excellent interactive analysis on the potential for a near one million count revision upwards of the unemployment numbers. This combined with the work my team and I have put together should lead subscribers to believe that medium term, unemployment can (and probably will) exacerbate the global equity market decline.
Fibozachi Technical Update (FTU) - 2.5.10 - S&P 500, DJIA, NASDAQ-100, the VIX, US Bank Index, Gold & Silver Futures - 7 Daily Charts
Submitted by Fibozachi on 02/05/2010 06:18 -05007 technical profiles / daily charts of the S&P 500 Futures (ES), DJIA Futures (YM), NASDAQ-100 Futures (NQ), VIX (CBOE Volatility Index), US Bank Index (BKX), Gold Futures (GC) & Silver Futures (SI). Get your TA on & start mapping out a strategy / plan of attack for Friday's trading session.
Jobs Market Recovery Now Underway?
Submitted by Leo Kolivakis on 02/05/2010 00:18 -0500Consensus is expecting US payrolls to rise by 15,000 in January. I wouldn't be surprised if the actual print comes in at ten times that amount...
Commodity Crash (Gold, Silver & Oil) and S&P 500 : VIX Correlations
Submitted by Fibozachi on 02/05/2010 00:05 -0500The five pics below (5-minute, daily & weekly) illustrate [1] a near perfect, positive correlation (R-squared ~ 1) between Gold Futures (GC), Silver Futures (SI) and Crude Oil Futures (CL), [2] a nearly perfect, inverse correlation between precious metals & the US Dollar Index (DXY), and [3] an interesting relationship between the S&P 500 (INX) & the VIX (CBOE Volatility Index). (1) 5-minute Gold Futures (GC) v. Silver Futures (SI), (2) 5-minute Gold Futures (GC) v. Crude Oil Futures (CL), (3) 5-minute Gold Futures (GC) v. US Dollar Index (DXY), (4) daily S&P 500 Cash (INX) v. VIX (CBOE Volatility Index) daily chart & (5) Weekly S&P 500 Cash (INX) v. VIX
