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JANUARY 2011 - MAJOR MARKETS (DOW, S&P, GOLD, OIL) Technical Commentary
HO HO HO! Santa Claus rally did happen (again!!!). Perhaps, this seasonal phenomenon is really worth playing. Following the previous analysis in November, technically the markets were carving out bullish structure across the board with the fundamental backdrop of QE2 – therefore a few conditional (bullish/reversal candles at key levels) calls were made, which went down successfully. However, at this juncture probability increases for sizeable pullbacks and corrections in risk assets.
DesiHedge January 2011 MAJOR MARKETS (DOW, S&P, GOLD, OIL) Technical Commentary
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to those who watch the stock market much more closely than i do, i would ask who or what caused the 2007-2009 decline? if the powers that be are now determined to prevent stocks from going down so that retirement accounts will pay off, does that mean that 2007-9 took them by surprise, and they are now determined not to let it happen again? that doesn't seem right to me. i am more inclined to think that these same parties drove stocks down and profited in doing so. i think it had something to do with the desired outcome of the 2008 election, and probably with questions of personnel and policy after the inauguration, in addition to the obvious factors of gross overvaluation and crisis-induced panic. comments, please.
Politics in America is a giant smoke-screen. The generational paradigm we have all been willing to accept has done its job for the boyz for many years: red state bad, blue state good, republicans and democrats and left and right and yada-yada-yada.
The rape of the middle class by the banksters was engineered by Johnson, Nixon, George H. W. Bush, set up by Bill Clinton, then implemented by George W. Bush and his trusty side-kick from none other than Golden Slacks, Hank Paulson.
Stealing all our money and our children's money seems to be the only "bipartisan" thing to ever be accomplished. Ever wonder why that is?
Once you get over the idea that there is anything resembling an "election" (for national office...), then all the pieces will start to come together for you. With the major mass media in the right-hand pockets of these guys, the next election will also be rammed down your throat. I mean, did your state even get a vote to select John McCain or Obama, or was that a done deal before you even had a choice?
Now you're catching on.
:D
thanks, orly. who do we think they will ram into the white house next time, and will it be 2012 or 2016? one possibility i'll be watching is that the running mate and prime handler will be robert gates. who will be the spokesmodel-in-chief? i'm doubting it will be palin. but surely they meant to audition her for the role by putting her on the ticket in 2008.
It's the same old crowd. It actually wouldn't suprise me in the least of it turned out to be Mike Huckabee as a "compromise"- type candidate. They've been pumping his name on some of the major media for a while, calling him "most-likable." That's what we need now, isn't it, a likable president?
Besides, he has the skinny on Clinton and the CIA drugs/guns/money operation the CIA (under the auspices of George H. W. Bush...) ran out of Mena, Arkansas. The only problem with Huckabee is he has a fat family and many voters will find this distasteful.
Palin is supposedly ( http://www.rawstory.com/rs/2010/11/palin-adviser-lobbyist-george-soros/ ) good buds with Soros, so we'll see. Brzezinski is a backer of Obama ( http://www.rense.com/general81/abig.htm ).
Obama may be a one-term president, unless the republicans can do some slick vote-split, a la Ross Perot with Bush that got Clinton elected.
What we are going to need is a new system to elect national officials and that's not going to happen as long as they can control everything they control now and they sure as hell aren't giving it up without a fight.
A one-day election on a cold November...a Tuesday. For real? The thing starts in Iowa, of all places. For real?
One thing I fail to understand is that why most analysts are recommending the purchase of Gold as a safe investment? The problem today is that the price of Gold is not derived by it's physical demand or supply but more by the speculative positions standing long or short on the commodity exchange like any other traded commodity, stock or currency.
The basic mechanism of price discovery (based on demand and supply for actual use) of anything traded on an exchange has been terminally infected by speculators having access to unlimited funds and super fast computers for trading leading to volatile price swings. This has been made worse by the launch of ETFs for anything and everything under the sun by the financial community.
The price of everything including Gold is likely to suffer when the speculators unwind their positions due to some event that they have not anticipated or foreseen.
http://www.marketoracle.co.uk/Article24581.html
PS If you think "panic is dead and buried," wait til you see Treasury and Fed officials panic. That will not be pretty (nor manly).
Wow, I had no idea the US Treasury was so powerful. So why have they waited til now to insure permanent prosperity (or at least permanently rising securities prices)? If it's so easy, why didn't the government prop prices 10, 20 or 100 years ago? Think of all the down markets we could have avoided.
perhaps the multinational banking cartels didn't have complete government regulatory capture until 2008?
Could be, but even so, the Treasury is still populated with (allegedly) human beings who are prone to error and emotion just like the rest of us. Trouble is, such errors are compounded because they're concentrated.
WADR, You need to determine if your premises are correct or flawed.
Who is the only person in a symphony orchestra the doesn't make a sound?
Does the sun rise?
Which is the cart and which is the horse?
Are theBenbernank, Little Timmay, Pete Orszag and his replacement, Larry Summers, Bobby Rubin, Neil Kashkari, and Hank Paulson etc. the orchestra?
Or are they the Maestros?
My money is on the visible and audible being nothing more than marionettes.
well, I concede Treasury has it's morons BUT so what? The big dogs at GS, et al who tell Timmah what to do are cold-blooded ruthless mo-fo's. Fear not.
There will be no major pullback.
The Treasury has made a deal with 5-6 key financial players like Lord Blankfein, and Jamie Dimon.
The deal is that they will place a robo-bid under every stock that any major fund holds for pensioners. Anyone with a retirement account will be able to rest assured that they will collect their retirement compensation. Too much is at stake and the ability to pull this off is so easy, thru ETFs, that there isn't reason in the world to allow to happen what occurred in 2008 thru March of 2009 for no reason other than a panic. Panic is dead and buried now.
Predictions such as yours are supremely rational and thus completely irrelevant. Fundamentals went out of fashion a long time ago for major holdings. Basics still may hold true for lesser companies but those companies are unimportant to the unstated purpose of undergirding the stock market to allow an orderly exit from our mortal coil.
The market will move up at least as much as inflation, per year, and then some. You can buy all the LEAPS in large companies, widely held, that you want as they do very well.
The payoff for this strategy? Trillions of guaranteed year after year 'bonus' money for the banksters.
Yes I agree, I do not thing there will be a major pull back. I wonder what Bernanke and his group of pigs have up their sleeve next.
Alot of people think we are doomed, but there are still great ways to make money. Even while the economy is collapsing around us.
I subscribe to the guy from australia and his FFT economic newsletter at http://www.forecastfortomorrow.com that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) I found him from a friend last year, and he has some important work.
His oil calls are insane, and I have been making good money with them. He is well worth a look, if you want to keep two steps ahead of the sheeple out there. I am worried about my financial future. Is anyone else nervous out there?
if that is true then we need a significant pullback, at least fo GREED's sake.
buy on a fucking BIG dip.
When seen thru your rear-view mirror in 2014, THIS will be a huge 'dip', right now. This is the big dip. Unless you consider a measly old 50 points, a dip, which on an 11,800 market is less than .50%.
Get in now before you find yourself yearning for the unrequited love of the Big F'ing Dip.
this usually happen when copper theft increases, it's a handle followed buy a cup, then a slow recovery.
http://covert2.wordpress.com