Contributing Editors' Blog Entries
Nothing Is As It Seems: Factory Orders and Unemployment
Submitted by Econophile on 12/06/2009 - 17:57 Unemployment On the surface, the decrease in unemployment and the increase in factory orders seem encouraging. But if we dig a little deeper, the numbers tell a different story. Much of these "gains" relate to stimulus and aren't real and will dissipate once stimulus wears off.
Investor Sentiment: "America Is Back"
Submitted by thetechnicaltake on 12/06/2009 - 17:40 Investor Sentiment Wouldn't it be ironic if the market put in a top on the good news that "America is back"?
The Dumbest, Richest Investor Around
Submitted by mikla on 12/06/2009 - 11:54 The US Taxpayer has long been the dumbest, richest investor around. You know the kind – a little overweight, with cheery disposition, not understanding how he’s been “over-served” when in slurred speech he thanks the bar tender for the sales receipt on which he signs his name – plus adding a generous gratuity – for his “new good friends”. With politicians in charge, the “average” person with a job, a family, and a “real” life never had a chance.
Bernanke: "Long Live the Carry Trade!"
Submitted by Bruce Krasting on 12/05/2009 - 16:25 Carry Trade The carry trade is not dead. Only wounded. The prognosis is for a complete recovery thanks to that lifesaver, Ben B.
The Great Unwinding?
Submitted by Leo Kolivakis on 12/05/2009 - 11:20 The pace of withdrawing non-standard operations is a balancing act for all central banks that engaged in quantitative easing. If they proceed too quickly and too aggressively, they risk creating another global recession.
Dollar Up, Gold Down ...
Submitted by George Washington on 12/05/2009 - 00:38 Dollar up, gold down ... check. Dollar up, Dow up ... huh?
Gold CHARTS ... bitches
Submitted by Chopshop on 12/04/2009 - 22:00 Gold futures register a "Multiple Confluence" of sell signals across several time-frames ...Why The Housing Market Is (Still) In Trouble
Submitted by Econophile on 12/04/2009 - 15:00 Housing Market It appears that all the improvements in the housing market have not been due to market corrections, but are from government stimulus, and the numbers are fake. Such actions will only delay a recovery and housing prices will continue to fall.A Cheaper and More Effective Military Strategy for Afghanistan
Submitted by George Washington on 12/04/2009 - 14:42 Afghanistan Supporters of an escalation of the Afghanistan war often respond to criticism by asking "okay smart guy, what would YOU do to fight Al Qaeda in Afghanistan?" Here's one answer ...Santa Rally or Rally of a Lifetime?
Submitted by Leo Kolivakis on 12/03/2009 - 22:42 For those of you still pondering Dubai or do you sell, you're missing the rally of a lifetime.
It's 3:27 pm ... SELL !!!
Submitted by Fibozachi on 12/03/2009 - 20:16 Simultaneous bearish signals registered across Market Internals (TICK, VOLD, ADD, VIX) at exactly 3:27 pm, which directly presaged 5 increasingly greater TICK lod readings that registered over the next 30 minutes; demonstrating an overwhelming desire to sell by market participants. Today’s bearish instance is a perfect exemplar of a practical nuance within technical analysis and just one of many which successful traders effectively employ on a daily basis.Prolonging the War is a "Threat to Our National Security"
Submitted by George Washington on 12/03/2009 - 18:47 national security Congressman Kucinich said today:"America is in the fight of its life and that fight is not in Afghanistan -- it's here ... We are deeply in debt. Our GDP is down. Our manufacturing is down. Our savings are down. The value of the dollar is down. Our trade deficit is up. Business failures are up. Bankruptcies are up."Bernanke Nomination on Hold
Submitted by George Washington on 12/03/2009 - 18:46 Nomination Call and write your senator ... keep up the pressure to change insane fed policy.
Did the White House leak Friday's employment report? Obama has before.
Submitted by EB on 12/03/2009 - 13:15 White House White House press secretary Robert Gibbs set the rumor mills a-grinding with a statement earlier today that may be a preemptive strike against any surprise "uptick" in unemployment. But this would not be the first time the administration made such a leak.
