Recent Mark's Commentaries
Nothing Much from the Fed Other than a Few...
Carry on... Most importantly a few hawks exit stage right in 2012, and more Yellen and Bernanke types will enter. Also with the 'inflation is easing' commentary they take care of any issues with those who claim there should be a break from even easier money due to potential inflation pressures. T...
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Tags: fed
Bad Economy? Yeah Right - Not in the Farming...
While I believe in the long term thesis in farming (indeed I said in 2007-2008 farmland would probably be the best long term i.e. decades long, investment) year over year gains of 40% in Nebraska and 31% in Iowa just are not sustainable. Easy money needs to find a home in something, and this time...
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Tags: economy
Marketwatch: Why Did 24 Hour Trading Never...
I remember when the first discussions of 24 hour trading gained force in the late 90s thinking to myself "oh no.... won't they ever let us sleep? This is ridiculous."* (then again the stock market was "fun" and "easy" then because we all could become millionaires trading NASDAQ stocks - why not h...
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Tags: stocks
Still Holding On
The 'Battle of the 200 Day's' looked to potentially be resolved mid afternoon yesterday but a stick save late in the session pushed the S&P 500 back over the 200 day exponential moving average. There was essentially a bounce off the 50 day moving average ... Over at the DJIA things are actually...
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Tags: stocks | stock-index | spx
Some Caution Now Technically on the Gold...
Please note I am using the Gold ETF (GLD) rather than the commodity as stockcharts.com has a 1 day delay on the actual underlying. Gold is acting punk today - a lot of people are trying to find reasons why. I thought perhaps this would be due to Monti remarking Thursday morning that a bazooka of...
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Tags: gold | gld
USA Today: As Bernanke Punishes American...
This is an interesting piece by John Waggoner of USA Today, especially on a personal level, as I've been looking at a host of yield producing products to 'barbell' against an equity exposure. With the war on savers that Bernanke has waged - and will continue to wage for many years ahead [Mar 31, ...
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Tags: mutual-funds
Risk Off for the Day it Appears
I did not really "get" the happiness Friday, as not much seemed to be resolved other than some language for more unity and to "hold people accountable" for excessive debt in the Eurozone. However, the current treaties are supposed to "hold people accountable" for excessive debt, and hasn't done ...
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Tags: intc
Zynga (ZNGA) Heads the List on Busiest IPO...
Looks like on sheer number of new issues, this is going to be the biggest IPO week since the pre crisis era. Hope it doesn't take away the shine away from (ahem) the most important debut of the week.... Zynga (ZNGA) is the star of the week [Sep 9, 2011: Zynga - Virtual Goods, Real Profits], but ...
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Tags: zynga | znga
Update on the Battle of the 200 Days
Still in between the two of 'em. The Tom Demark Dec 21st top (and 2 week rally) still has a chance as we've held the 200 day exponential late yesterday.... One assumes a horde of silicon and carbon based buy stop orders are waiting somewhere up there in the 1268-1270 range. Demark says S&P 1330...
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DuPont (DD) Warns this Morning as...
Those of you who have been around a while remember all the 'decoupling' talk of 2007-early 2008. That is (was), weakness in one part of the globe would not affect another, and please feel free to buy equities. While decoupling proved to be a complete failure over time, leave it to Wall Street to ...
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Tags: dd | stocks
There Was Just another Rumor Released Via a...
I'm not even going to justify the rumor of the day (today's source FT.com) - this has so jumped the shark. Let's just say it was denied quicker than the one yesterday -- after moving the market. It's actually disgusting these news agencies now will release just about anything a source gives them....
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Tags: stocks
Q3 Was Not a Good Quarter for American...
Remember the reason for QE2... that whole "wealth effect" thing? Well the problem with temporary manipulation of asset prices is just that... it's temporary. Blow $600B through the hole, and while it creates temporary "happy happy time" (for a narrowing portion of our society) [Nov 10, 2010: Who ...
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Tags: nasdaq | stocks
The Battle of the 200 Days?
Interesting spot we are in - 200 day simple moving average to the top, 200 day exponential moving average to the bottom. Amazing how one-two sentences changed the whole complex of the day - the S&P 500 was trading in the 1273s pre market, above resistance, with yet another gap up open - before ...
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Ford (F) Halted, Reinstates Dividend
Thought when Ford (F) was halted it might be news of CEO Mulally announcing retirement, which has been in the local papers as rumor. Instead Ford has reinstated their dividend after many lean years. ----------------------- Ford to pay a quarterly dividend of 5 cents per share Business performance...
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Tags: ford | f | gm | stocks
Draghi Announced 4 Non Standard Measures at...
It's all good again and for the upteempth time in the past week and a half we are ready to gap up. This time of course over that very annoying S&P 1265 which has provided resistance the past 3 sessions. Some of these things at the Draghi press conference, were talked about the past few days such ...
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Tags: off | onn
