Archive - Feb 2011 - Blog entry

It has been a long wait for “peak oilers”. Egypt was a snore, but Libya is a different kettle of fish. Global production peaks in 2015, and after that the sushi hits the fan. Next stop, $300 a barrel?

Increasing market volatility is leading to more decisive trading action by traders, with the number of pairs now in the neutral zone at a 3 month low. There are a couple of market moving events today that could have a strong influence on the report heading into the weekend. At 08:30 EST we have US Durable Goods Sales followed by New Home Sales at 10:00, both events have the potential to cause shifts in retail trader positioning.

When Takahiro Mitani, Chairman of Japan's $1.4 trillion Government Pension Investment Fund (GPIF) expresses concern over his country's mounting public debt, you'd better pay attention...

Two consecutive down days in the equity markets must seem like Armageddon.

Did Russia's Foreign Intelligence Service say he was providing Al-Qaeda terrorists with "nuclear fissile material" and "biological agents"?

To consistently report an association or group's (whose primary reason for existence is to get people to buy more things) marketing mantra as news and analysis is less than completely accurate, to put it at its most favorable (I had a more direct thought here, but I decided to tone it down). Thus, I query, "When Will the Mainstream Media Be Ready To Call The NAR The Sham That It Really Is?"

Six seconds BiTCHeZ!

A look at a AAA muni.

A Friendly bankster consoles a homeowner who thought was getting a loan modification...

Dan Bigman of Forbes wants to remind you Wisconsin’s Public Pension Problems Are Your Problem, Too. But are they really or is this more fear mongering?

EURCHF reverted back into the short zone in yesterdays session, today we have CHF PPI at 03:15 EST which is likely to have an effect on this positioning. After some strong selling in the early part of yesterdays session a recovery ensued in EURUSD, the pair is now in the long zone.

Tim-fucking-berrrrrrrrrrrrrrrrrrrrrrrrrrr. Holy shit is it on like...

The Conference Board says people are more optimistic. Gallup says they aren't. Who are we to believe?

Housing continues to plummet and there aren't a lot of factors that would pull it out of its decline. But, opportunities abound, if ...

Brought to you by the Banzai7 Observatory on Mt. Polar Bear...