Archive - Sep 27, 2010 - Blog entry
Ireland the Dollar and Ben
Submitted by Bruce Krasting on 09/27/2010 21:59 -0500Ben will now buy a 100B a month. The sky is the limit. Insanity.
Are Junk Bond Investors Paying Rolls Royce Prices for Jalopy Securities?
Submitted by madhedgefundtrader on 09/27/2010 19:34 -0500Apparently the reach for yield knows no bounds. The junk bond market is returning to the bad old days that we saw the last time this market topped in 2007. Inferior credits are now flooding the market with dubious conditions, lax covenants, but premium terms. Banks may not be willing to lend, but investors of every stripe are more than happy to. Investors are once again paying Rolls Royce terms for jalopy credits. (JNK), (HYG), (PHB).
M&A Monday - Goldman’s Golden Goose
Submitted by ilene on 09/27/2010 13:47 -0500This morning our favorite Banksters goosed the EU markets by upping targets on international mining operators Kazakhmys, Lonmin and BHP and that got the European markets off to a flying start out of the gate, despite the fact that UBS had just DOWNgraded the same sector on Friday.
The Founding Fathers Weren't Anti-Islam
Submitted by George Washington on 09/27/2010 10:56 -0500Please (1) consider this post as touching on economics and finance because Nobel prize economist Joe Stiglitz says that the war in the Middle East is hugely affecting our economy and Mad Hedge Fund Trader recommends a portfolio heavy in defense or (2) ignore it or (3) consider it a philosophy piece a la Zero Hedge poster Cognitive Dissonance ...
Graham Summers’ Weekly Market Forecast (H&S Edition)
Submitted by Phoenix Capital Research on 09/27/2010 08:11 -0500Last week I forecast that we would see a reversal in stocks. The market did indeed show signs of breaking down on Wednesday and Thursday, however, the Fed’s juice managed to keep stocks afloat and closing in the green for the week. All told, the Fed injected more than $10 billion into the market directly via its three Permanent Open Market Operations (POMO) pumps. However, Bailout Ben wasn’t content with mere open market juicing, so he pumped another $10 billion into the system “behind the scenes.”
An Analysis and Valuation of The Success Story Formally Known as Android
Submitted by Reggie Middleton on 09/27/2010 07:15 -0500The next Microsoft is emerging and nobody outside of Apple is paying attention!
Daily FX Retail Trader Contrarian Analysis
Submitted by Pivotfarm on 09/27/2010 01:49 -0500Retail Traders as a herd are wrong…most of the time (sorry guys its true).
This daily report is designed to help traders find opportunities to trade against this group. The premise is very simple we are looking for 66% of retail traders to be trading either long or short a currency pair, we then look for opportunities to fade (trade against) this group.
