Archive - Oct 19, 2012 - Blog entry
German Industrialist: Insolvency Procrastination And How To Confront The Coming Inflation
Submitted by testosteronepit on 10/19/2012 20:12 -0500Situation “too uncertain,” but for 2013, “we’re pessimistic.”
Ignore the Smell of Blood at Your Own Peril
Submitted by RickAckerman on 10/19/2012 16:31 -0500What kind of batter crowds the plate after a pitcher has aimed a fastball at his head? “Batters” have been doing it routinely on Wall Street lately — most recently yesterday, when they held the broad averages buoyant while Google shares were getting pasted for 80 points. During this single-stock onslaught, the Dow Industrials were never down more than 50 points and closed off only slightly with GOOG still $53 in the hole. This wasn’t the first time bulls have leaned into the plate while “dusters” whizzed past their ears.
The Spain Relief Rally is About to End
Submitted by Phoenix Capital Research on 10/19/2012 16:28 -0500Congratulations Mario Draghi, you promised unlimited bond buying and you bought less than one month’s worth of gains for Spain. If you want proof positive that Central Banks are losing their grip on things, the above chart is it. The moment we take out that trendline again, it’s GAME OVER (what more can the ECB promise?)
Chart Update (including the sell off)
Submitted by thetrader on 10/19/2012 16:10 -0500Back to support levels. What's next?
MoVe OVeR CHia BaMa AND CHia RoMNeY...
Submitted by williambanzai7 on 10/19/2012 14:38 -0500Ladies and Gentlemen, hedgefund managers, boys and girls...here comes Chia...
Happy Crashiversary – Are You Prepared for the Next One?
Submitted by ilene on 10/19/2012 12:04 -0500Caution is the word of the day.
BP Oil Spill: Case NOT Closed
Submitted by George Washington on 10/19/2012 11:39 -0500BP's New Excuse Doesn't Hold Water
Reggie Middleton's Observations on Google's Dramatic 3rd Quarter 2012 Earnings Release
Submitted by Reggie Middleton on 10/19/2012 11:18 -0500... and here are the facts!
19 Oct 2012 – “ Space Truckin' ” (Deep Purple, 1972)
Submitted by AVFMS on 10/19/2012 10:54 -0500Spacy week, though… Song pick of yesterday’s said it all. Somehow, things have spun out of control and the rocket started stalling and then drifting into the void…
Poor Major Tom left the capsule too early.
Regional elections in Spain over the weekend. As Rajoy denies there’s any pressure to seek help, BONOs slide. Damned if you don’t; damned if you do…
Interesting to see Core EGBs’ only muted reaction to the fading Risk sentiment, though (Bunds and UST still +15 on the week).
