Banks
The banks are in self preservation mode. – Eric Von BaranovNothing we did not know and nothing that wasn’t dropped like a bag of hammers on Count De Money, er, Henry Paulson back in 2008. But the...
Read MoreToday’s column is about the steel sector, its momentum conditions, breakouts and potential upside targets. Since it is not yet on the site I’ll have to limit the details but you should see it by 4-4:30 NYT at...
Read MoreI found this chart at multpl.com. I would not call it a bond bubble but it sure does look as if rates have bottomed to...
Read MoreWell, it happened again. The dreaded Hindenburg Omen flashed Tuesday but curiously it went rather unnoticed – except by professionals it would seem. When it happened in August, it got a lot of people’s panties in a...
Read MoreFrom the St Looie Fed (hat tip to the Longwaves chat room)Does this look like deflation? The technician in me sees either a bear flag or a dip to the rising trendline. But if prices went up parabolically then more often than not...
Read MoreIn case you are a city dweller and don’t drive, here is a little tidbit from my local village email newsletter about gasoline prices. The Hess located at 42 Jericho Turnpike offers the lowest gas price per gallon in three...
Read MoreI lamented over this one jusst after it happened so consider this a follow-up.With trading action like this, regular investors do not have a chance. And now it has a textbook resistance breakout just to rub it in our...
Read MoreThis is from a Casey Research email: ——————————————————– So, what happens to bond prices if interest rates rise?...
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