No Love for the Coffee Market?
Submitted by EconMatters on 02/09/2013 10:19 -0500Coffee is just that kind of market great for traders and well worth putting on your trading radar screens.
So David Einhorn is the Dumb Money on Apple
Submitted by EconMatters on 02/08/2013 09:07 -0500
Turning your growth trade into a value trade is the quintessential sign of a losing trader on Wall Street.
Goldman Sachs Jeff Currie Continues to Botch WTI-Brent Spread
Submitted by EconMatters on 02/07/2013 23:56 -0500The oil industry is full of bad analysts.
Gold Sentiment Poor Due To Range-Bound Trade and Banks' Bearish Predictions
Submitted by GoldCore on 02/07/2013 11:29 -0500
Many of the banks, now predicting gold’s bull market will end in 2013, never predicted gold’s bull market in the first place. Most were bearish on gold in the early to mid years of the bull market and most only became bullish quite recently.
Many of these banks' primary focus is short term profit, often trading profits, and therefore they do not understand the long term, passive diversification benefits of gold in a portfolio or as financial insurance.
Tim Geithner's Book Is Coming: An En-Titlement Crowdsourcing Effort
Submitted by Tyler Durden on 02/06/2013 12:57 -0500
While it is a time-honored tradition that every single person who worked with Tim Geithner, usually on spotless terms, never daring to say one word out of place for fears of offending the former Treasury Secretary and jeopardizing their government salary, has upon exit from the public sector penned a book bashing none other than the Tax-challenged former head of the New York Fed (whose leaks of imminent Fed activity will never be investigated by any US judicial body), it is certain that Tim Geithner's upcoming book will have a different subject. And since the centrally-planned US population is always glad to help out with ideas, today's key trending hash-tag in twitter is none other than #geithnerbooktitles, which as the name implies, is the collective twitter subsonciousness' proposal for what Timmy's new book should be called. The real time list is presented below. Readers are naturally encouraged to provide their own suggestions.
US Consumers Subsidizing Venezuela Gasoline at 18 Cents a Gallon
Submitted by EconMatters on 02/06/2013 12:04 -0500The gasoline market is well supplied, but if it weren`t for gasoline exports to countries like Venezuela, the United States would have much cheaper gasoline.
Frontrunning: February 6
Submitted by Tyler Durden on 02/06/2013 07:35 -0500- Barack Obama
- Boeing
- Brazil
- BRICs
- Carlyle
- China
- Citigroup
- Congressional Budget Office
- Consumer Confidence
- Dell
- Deutsche Bank
- Dreamliner
- Federal Deficit
- Federal Reserve
- Fitch
- Ford
- Four Seasons
- Gannett
- goldman sachs
- Goldman Sachs
- India
- Jaguar
- Japan
- Jim O'Neill
- KKR
- LIBOR
- MagnaChip
- Merrill
- Mexico
- NASDAQ
- North Korea
- Private Equity
- ratings
- Raymond James
- Reuters
- Royal Bank of Scotland
- Rupert Murdoch
- Sirius XM
- Subprime Mortgages
- The Economist
- Wall Street Journal
- Tunisian opposition politician shot dead, protests erupt (Reuters)
- China says extremely concerned after latest North Korea threats (Reuters)
- Postal Service to cut Saturday mail to trim costs (AP)
- Debt Rise Colors Budget Talks (WSJ)
- Obama proposes short-term budget fix, Republicans swiftly object (Reuters)
- S&P Analyst Joked of Bringing Down the House Before Crash (BBG)
- Dell’s Bigger Challenge Ahead in Turnaround After Buyout (BBG)
- Some of the Mark Carney Gloss Is Coming Off (WSJ)
- Japan Official Says BOJ Tools Sufficient as Shake-Up Looms (BBG)
- S&P Lawsuit Undermined by SEC Rules That Impede Competition (BBG)
- Heavy Clashes Erupt in Syrian Capital (WSJ)
Fed Confirms It Was Hacked By Anonymous
Submitted by Tyler Durden on 02/05/2013 22:30 -0500
As was reported on Monday, among the numerous files hacked and leaked in the past week by the Hacker group Anonymous was a database of some 4606 regional bankers together with copious amounts of confidential information, which according to Anonymous' twitter account was sourced at the very Federal Reserve, which in turn would imply that the Fed itself had been hacked.
China's Gold Imports From Hong Kong Double To New Record In 2012
Submitted by GoldCore on 02/05/2013 11:25 -0500
Gold climbed $5.70 or 0.34% in New York yesterday and closed at $1,673.50/oz. Silver inched up to $31.86 in Asia, then it fell back to $31.38, and then rose to a high of $31.91, but eased off in afternoon trade and finished with a loss of 0.35%.
Gold rose to a new record nominal high on the TOCOM at 0.156 million yen per ounce. The resignation of Bank of Japan Governor, Shirakawa on March 19 is pressuring the yen as is increased tensions in the Pacific between China and Japan - Japan accused China of targeting a Japanese naval vessel and helicopter.
After Election Obama Doesn`t Care about High Gas Prices
Submitted by EconMatters on 02/05/2013 10:12 -0500The last time prices reached only $95 a barrel WTI the Whitehouse started talking up the SPR release only six months ago. Now that gas prices are higher than ever for this time of year and set to go higher, and we haven`t heard a single mention of the SPRs?
When Goodwill Turns Nasty
Submitted by EconMatters on 02/03/2013 20:32 -0500More and more in fashion lately in the financial world is companies taking huge write-downs of some flopped acquisitions....
Delta Airlines Got an Oil Refinery: The Math Does Not Work
Submitted by EconMatters on 02/01/2013 18:21 -0500Exxon reported 4Q profit at a five-year high boosted by its refining arm. However, Delta Airlines (DAL) can’t tell a similar success story with its newly acquired refinery at Trainer, PA.
Clash of Federal vs. State Laws: US completely Arbitrary
Submitted by EconMatters on 01/31/2013 20:05 -0500The current government stance on Marijuana and Online/Casino Gaming is making their position from a legal standpoint look completely arbitrary and lacking in credibility.
When the Gold Bugs Start Selling, Look Out!
Submitted by EconMatters on 01/31/2013 08:58 -0500If Peter Schiff is selling gold, then maybe you should too!
The Market Rally Tells Us Nothing about the Economy
Submitted by EconMatters on 01/30/2013 14:56 -0500All this talk about some Super Cycle turn in the economy is putting the proverbial cart ahead of the horse.




