Contributing Editors' Blog Entries

Pivotfarm's picture

Retail Trader Positioning 1st November – EURGBP switcheroo

A strong shift in sentiment against the Euro was the theme of yesterdays action, this has resulted in a big shift in retail positioning in the EURGBP today which went from over 60% of retail traders being short (and correct) to now over 60% being long (and wrong as they are most of the time). In keeping with our contrarian view we maintain a short bias on EURGBP.

Econophile's picture

This Year’s ‘Lehman Moment’ Might Occur Soon

Is the missing MF Global customer money a 'Lehman' moment. Risk is off, off, off.

testosteronepit's picture

No More Golf or Pizza for the Yakuza

New laws that put the screws to organized crime in Japan by slapping at its victims are already wreaking havoc in business.

Phoenix Capital Research's picture

Graham Summers’ Weekly Market Forecast (Wake Up Call Edition)

  The markets flew into this deal based on rumors and short-covering and are now waking up to the plain obvious facts that you cannot solve a debt problem with more debt. Also, it might be worth considering just where the EFSF bailout money will be coming from when various EU members can’t even stage successful bond auctions without the ECB stepping in.  

Bruce Krasting's picture

Crunch time?

What's the LIBOR roll-over for year end?

Pivotfarm's picture

Americans’ urge to shop is overriding anxiety about the economy.

While household-sentiment measures are at levels typically observed during a recession, an increase in spending during the third quarter boosted growth to the highest level of the year, Commerce Department figures showed Oct. 27. The schism partly reflects consumer ire with the government’s failure to reduce 9.1 percent unemployment or stem rising deficits, said James Paulsen, chief investment strategist at Minneapolis-based Wells Capital Management.

rcwhalen's picture

Sol Sanders | Follow the money No. 90 The Euro is dead, long live the euro!

President Sarkozy’s call to China’s Prime Minister Wen Jiapao for help in bailouts and recapitalizing European banks is fantasy. Beijing plays a completely mercantilist hand. With its exports threatened and repeated promises to its own increasingly restless to shift to a more consumer-oriented economy, China’s more than $3 trillion in monetary reserves [20% in vacillating Euros] is mortgaged by a deflating dollar and its own incipient inflation.

williambanzai7's picture


  It's Midnight this late October night and Central Banksta Zombies Lurking in the Dark...  

thetrader's picture

News That Matters

All you need to read.

Pivotfarm's picture

Retail Trader Positioning 31st October – USDJPY Intervention!

We ended last week with 88%+ of USDJPY traders long and wrong for many months now. Today Japan sold the yen for the second time in less than three months after it hit another all time high against the dollar last week.  As usual...retail traders are quickly moving position and we are seeing a strong drop in overall long positions to 70.83%. We expect this trend to continue but its important to note that past interventions haven't done a whole lot to stem the tide.

Econophile's picture

Q3 GDP Is A Head Fake

The Q3 GDP report tells us nothing about the health of the economy and it is misleading at best.

williambanzai7's picture


Once upon a midnight dreary, while insolvent weak and weary...

thetechnicaltake's picture

Investor Sentiment: The Best Gains are Behind Us

Investor Sentiment The big change will be the decreasing acceleration in the rate at which gains will occur.

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