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Author: Philip Davis

Tuesday: The Brown Booster Shot

What a morning already! The futures were drifiting along until 3 am and the Shanghai Composite had closed down 2.3% at 2,897.  At 3:23 the Hang Seng was looking to close down as well but then Gordon Brown, the UK...

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Monday Malicious Microbe Mania

Just when you thought it was safe to invest in Asia! Today’s shocker came out of a World Health Organization meeting yesterday where officials estimate 20% to 30% of Asia’s population –  or between...

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The Future of Global Finance

Excerpts of the original NY Times article by LIAQUAT AHAMED   The build-up of dollars abroad transformed the United States into a gigantic bank, and like any bank, it was vulnerable to a run. It has long been recognized...

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Wrong Way Weekly Wrap-Up

I am trying to get bullish, really I am. As I said to Members on Thursday morning in chat, like Sam Jackson in Pulp Fiction: “I’m trying hard to be the (bullish) shepherd” but the data makes it hard...

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Sara Lee Tempts Call Buyers

Today’s tickers: SLE, TPX, ODP, AUY & BAC SLE – Cake baker, Sara Lee, attracted bullish investors to the January contract this morning amid a 3% rally in the price of shares to $10.40. Traders thirsting for...

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