Archive - Sep 12, 2013 - Blog entry
Stocks Showing Multiple Signs of a Top
Submitted by Phoenix Capital Research on 09/12/2013 18:16 -0500Thus, we see the “smart money” exiting the markets. We also see fewer and fewer companies participating in the market rally. Those who run these companies are more pessimistic than at any point in the last five years dating back to the nadir of the 2009 collapse. And finally we have investors as a whole displaying the most complacency about the market in history.
North Korea: Outsourcing Giant
Submitted by Pivotfarm on 09/12/2013 12:11 -0500If there’s one country in the world that you might not think would be at the top of the outsourcing list and the place to send orders to be fulfilled from the West, it would probably have to be North Korea. The world’s most closed economy, that Communist dictatorship.
Mortgage Market Slump: Is it Interest Rates or Jobs and Consumer Income?
Submitted by rcwhalen on 09/12/2013 11:00 -0500Investors need to stop listening to the happy talk coming from the economists, and start focusing on what banks and other lenders are saying and doing operationally to adjust for the mortgage market of 2014 and beyond.
GLD ETF Investors Unable To Get Physical Gold
Submitted by GoldCore on 09/12/2013 08:21 -0500Gold prices fell sharply again just prior to European markets opening, in aggressive selling which saw gold quickly fall from $1,355/oz to $1,343/oz at 0754 GMT. Support at $1,360/oz was breached overnight and gold should now test support at $1,320/oz.
