Another Freaky Friday?
Submitted by Leo Kolivakis on 02/06/2010 - 01:23 Algorithmic Trading BLS Bureau of Labor Statistics Goldman Sachs goldman sachs Greece Institutional Investors Price Action Recession recovery Unemployment While it was another freaky Friday on Wall Street, I'd say the US jobs report was encouraging as was the price action in the stock market. Things are slowly getting better, but the pace of job growth is painfully slow. However, as the recovery gains steam, job growth will follow. It's only a matter of time now.
- Comments: 165
- Reads: 4,612
U.S. Counterterrorism Officials Insisted that Crotch Bomber Be Let Into Country
Submitted by George Washington on 02/06/2010 - 00:45 Afghanistan Detroit Dubai FBI India Israel national intelligence national security Newspaper Saudi Arabia Testimony White House World Trade Please ignore this story. It is not important, and not relevant to anything you care about ...- Comments: 174
- Reads: 9,138
Jamie Dimon's Thoughts on Chinese Banking System
Submitted by Vitaliy Katsenelson on 02/05/2010 - 17:59 BAC Bank of America Bank of America China Citigroup ETC Jamie Dimon Meltdown Value Investing TheStreet.com has dug up a very interesting email that shows what goes behind closed doors when the heads of two of the largest US and Spanish banks get together and talk. Not all of it appears to be legal – there may be collusion and an agreement not to compete for acquisitions.- Comments: 25
- Reads: 3,824
The good news is next week's $81 B in coupons should be a bit cheaper for Treasury
Submitted by EB on 02/05/2010 - 15:50 Sovereign Risk Sovereign Risk At the rate things were going in mid-January, the 30 Year yield was set to blast through the June 09 highs. Amazing what a little equities downturn will get you, as...- Comments: 7
- Reads: 1,430
The Fat Lady is Not Singing for Gold
Submitted by madhedgefundtrader on 02/05/2010 - 09:36 Barrick Gold China Copper Exchange Traded Fund Precious Metals If you’ve hear of peak oil, peak gold will be much worse. Investors are so scared from the events of the financial crisis that it will influence their investment decisions for decades. Did I mention there is an emerging market central bank bidding was for the barbaric relic? Buy when there’s blood on the street, preferably not your own. $2,300, here we come. (GOLD), (GLD), (ABX)- Comments: 59
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Bloomberg on Unemployment and the Potential for a Big (not so) Surprise
Submitted by Reggie Middleton on 02/05/2010 - 08:54 Bureau of Labor Statistics Financial Management Service Housing Market recovery Unemployment Unemployment Benefits Unemployment Insurance Bloomberg has an excellent interactive analysis on the potential for a near one million count revision upwards of the unemployment numbers. This combined with the work my team and I have put together should lead subscribers to believe that medium term, unemployment can (and probably will) exacerbate the global equity market decline.- Comments: 10
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Fibozachi Technical Update (FTU) - 2.5.10 - S&P 500, DJIA, NASDAQ-100, the VIX, US Bank Index, Gold & Silver Futures - 7 Daily Charts
Submitted by Fibozachi on 02/05/2010 - 07:18 Bank Index CBOE Design Development ETC Fibozachi Technical Analysis Volatility 7 technical profiles / daily charts of the S&P 500 Futures (ES), DJIA Futures (YM), NASDAQ-100 Futures (NQ), VIX (CBOE Volatility Index), US Bank Index (BKX), Gold Futures (GC) & Silver Futures (SI). Get your TA on & start mapping out a strategy / plan of attack for Friday's trading session.- Comments: 8
- Reads: 3,400
Jobs Market Recovery Now Underway?
Submitted by Leo Kolivakis on 02/05/2010 - 01:18 Bloomberg News Bond Conference Board Payroll Data Recession recovery Unemployment United Kingdom Consensus is expecting US payrolls to rise by 15,000 in January. I wouldn't be surprised if the actual print comes in at ten times that amount...- Comments: 124
- Reads: 3,730
Commodity Crash (Gold, Silver & Oil) and S&P 500 : VIX Correlations
Submitted by Fibozachi on 02/05/2010 - 01:05 CBOE Crude Crude Oil Design Development ETC Fibozachi Precious Metals Technical Analysis US Dollar Index Volatility The five pics below (5-minute, daily & weekly) illustrate [1] a near perfect, positive correlation (R-squared ~ 1) between Gold Futures (GC), Silver Futures (SI) and Crude Oil Futures (CL), [2] a nearly perfect, inverse correlation between precious metals & the US Dollar Index (DXY), and [3] an interesting relationship between the S&P 500 (INX) & the VIX (CBOE Volatility Index). (1) 5-minute Gold Futures (GC) v. Silver Futures (SI), (2) 5-minute Gold Futures (GC) v. Crude Oil Futures (CL), (3) 5-minute Gold Futures (GC) v. US Dollar Index (DXY), (4) daily S&P 500 Cash...- Comments: 4
- Reads: 2,665
Market Internals Confirm Primary Wave 3 (DOWN)
Submitted by Fibozachi on 02/04/2010 - 20:45 CDS Design Development Equity Markets ETC Fibozachi Market Internals New York Stock Exchange NYSE TICK Price Action Technical Analysis Volatility Today's price action registered extremely bearish readings across the NYSE TICK and NYSE VOLD (Up-Down Volume Difference). In our oh-so-very-humble opinion ~ equity markets are about to enter the Temple of Doom.- Comments: 29
- Reads: 5,358
CIBC Covered Bond Deal Terms
Submitted by rc whalen on 02/04/2010 - 19:35 Bond fixed ratings The first covered bond deal of 2010 is very simple in its terms and still, alas, a 144A deal. Notice four ratings firms were retained to provide ratings.- Reads: 996
FX Intervention an Option? - Maybe
Submitted by Bruce Krasting on 02/04/2010 - 18:35 Apple Ben Bernanke Boeing CDS Central Banks China France Germany Greece Gross Domestic Product Italy Mexico Paul Volker Portugal Rate of Change United Kingdom White House Yen The market action today makes me wonder if FX intervention is in the cards. A long shot that might happen.- Comments: 20
- Reads: 3,973
Note to CNBC Commentators
Submitted by Reggie Middleton on 02/04/2010 - 17:31 Greece Ireland Portugal Reality Sovereign Debt One of the regular reporters on CNBC was comparing Greece to the subprime "crisis" of 2007, in that "investors" (I am sure that term is being used very loosely) are not going to make the same mistake as they did in 2007 by underestimating the "contagion" that subprime contained. I feel compelled to correct him.- Comments: 29
- Reads: 3,814
Can China Control the “Side-Effects” of Its Stimulus-Led Growth? Let's Look at the Facts
Submitted by Reggie Middleton on 02/04/2010 - 15:32 China Equity Markets Government Stimulus Gross Domestic Product Money Supply People's Bank Of China Real estate Stimulus Spending The more I look into the China, the stronger the short thesis becomes. With my China shorts performing quite well as they are, I have decided to spread the thesis around.- Comments: 21
- Reads: 2,237
One of These Things is Not Like the Other...
Submitted by Chris Pavese on 02/04/2010 - 12:35 China CPI One of these things is not like the other... The trends below bear watching as they served as important leading indicator of things to come in 2008.- Comments: 4
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