Archive - 2010 - Blog entry

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

It was only 2 weeks ago that the "dumb money" indicator and Rydex market timers were bullish to an extreme degree and company insiders were selling shares at a clip that had not been seen in 4 years.

As long as the Chinese government hates foreign hedge funds and speculators, no one will make a killing buying the yuan. (CYB).

The EU did something that I think is going to backfire.

Suddenly your world is out of control and you’re desperate for money. What do you do? Zero Hedge’s Cougar_w presents us with this fictional situation, only this time with an interesting twist. What would happen if two extraordinary creatures trying to coexist in a world of ordinary humans are overcome by money madness and walk into a bank to rob it? In this humorous, thought provoking and poignant excerpt of a larger story, we find out who has more humanity when put to the test.

D'oh!

Turning 60 stinks, and the joy of 65 appears to be slipping away...

What DID happen with this?

There's the Left Bank, kids.--Russ, I bet you can't guess what bank is on the right.--The Bank of America...

Netflix stock has really taken off since 2008 –up 800% in two years. Piper Jaffray raised target to $202 as the company is now setting sight on the streaming video business. Here is my take on this classic momentum stock.

The dominoes are starting to fall ...

Don’t rush in the last year’s trade, but the Ausie still looks great for the long term.

The European stress tests have worked wonders, and so did the American stress tests ...

As soon as the ink dries on the IMF loans, the second occupation of Ireland will begin, only this time there won't be armored cars and Paramilitaries in fatigues, but nerdy-looking bureaucrats trained in the art of spreading misery.

Only if we stop the speculators from profiting from this game will it ever end. The reason there are no runs on banks in China and Russia isn't because their banks are more solid - I'll bet there are Chinese banks who have nothing but a fortune cookie in their vault - but the difference they will cut your head off if you try to run their banks.