I had the privilege of attending the World Research Group’s Buy-Side Tech: Global Equities Trading Summit. Longtime readers will remember I attended this conference five months ago and wrote up my thoughts then (Day One...
Read MoreScott Redler made his first recommendation on Gold back in 2008 on CNBC, and has made several calls thereafter. Here is his latest media appearance talking about Gold, on theStreet.com
Read MoreThe market opened lower this morning, but unlike yesterday, was not able to fill the gap. The market rarely does same thing twice in a row, so we were cautious this morning. Short term support is 1172-1177, and a close below...
Read MoreThe futures are pointing to a slightly lower open this morning despite another round of strong earnings as the dollar is up 0.3% against competing currencies. Comcast Corp (CMCSA), The Procter & Gamble Company (PG), Aflac...
Read MoreToday we saw another gap down, and another poor attempt by the bears to put any pressure on this market. Yesterday the market opened up and made new highs, but then dribbled lower the rest of the day. Overall, this action...
Read MoreFord Motor Company (F) has been a a beacon of light within the troubled automotive industry. Last year while fellow automakers General Motors and Chrysler were being bailed out by the government and filing for bankruptcy, Ford...
Read MoreYesterday I reported commentary from two leading economists at Goldman Sachs’ who believe that in order for the Fed to close the Taylor implied interest rate gap they will need to enact a massive $4 trillion QE program,...
Read MoreAre bloggers, as a whole, overly pessimistic naysayers or a voice of reason? While fact checking is important to maintain journalistic integrity, bloggers serve an important role in bringing accountability to our financial and...
Read MoreThis morning futures are pointing modestly lower after yesterday’s break out failure. It was another ‘Mutual Fund Monday’ gap-up and stocks surged higher early before the move petered out. We got a downside...
Read MoreGoldman: Fed Needs $4 Trillion of QE2 to Meet Mandate (Fortune)Fed Needs to Print $4 Trillion to Close Taylor Gap (ZeroHedge) Goldman Sachs’ economists Jan Hatzius and Sven Jari Stehn estimate that the Fed needs to make $4...
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