Ellen Kelleher, writing for The Financial Times, opens her article with how Baird & Co., in their warehouses in London, purify gold by heating it to molten form to make “medallions, bars, and rings,” which sounds like a lot of heavy, hot, back-breaking, dangerous work to me, as if the word “work” was not bad [...]
The stakes just got higher in the 3-D chess game China’s playing for natural resources. On one dimension, the Middle Kingdom is on the offensive. But on another, it’s playing strictly defense… Beijing is ordering state-owned businesses to explore a bid for PotashCorp (POT), the Canadian fertilizer giant that’s already fending off a hostile bid [...]
Japan was the world’s most admired economy in the ’80s. Then it was the world’s most despised economy in the ’90s. By 1995, economists pointed their fingers and laughed – the world’s most admired businessman had lost his left shoe. But now, much of the world is barefoot. The US inflation rate has been going [...]
Extend and pretend… That’s the government’s way of handling the crisis. Extend credit and cash to those who don’t deserve it. Then, pretend that everything is okay… But the problems don’t go away. They just get stretched into the future… What did the feds do for GM? They took over the company. They extended cash [...]
Thursday was the 15th day of the current QQQQ short term down-trend… Source
The downtrend break has given us very nice upside action which has now been boosted by the better than expected jobs number… Source
It was a ping-pong day for the currencies, back and forth over the net… The net being the “level of the day”… For instance, the Aussie dollar (AUD) played over the 91-cent net all day, and the euro played over the 1.2820 level all day. The data on Thursday was all over the board, which [...]
Green Mountain Coffee Roasters Inc. (NYSE:GMCR), the Vermont-based specialty coffee and coffee maker company, last week received a fairly negative research opinion from the Center for Financial Research and Analysis. How it’s impacted the stock is the issue that Dan Amoss, Agora Financial’s editor of the Strategic Short Report, has investigated. Dan Amoss shows how [...]
EUR/USD The Euro found support below 1.28 against the dollar during Thursday and… Source
December gold futures closed up $5.00 at $1,253.10 yesterday. Prices closed nearer… Source
U.S. equity markets pushed ahead again on light volume, and awaits the job numbers with bated breath. Note once again that bullish reversals were minimal as the daily momentum approaches overbought conditions. With one exception, the Russell 2000, all momentum indicators are bullish at every level and the Russell is close. I think the most [...]
Japan and Switzerland are facing the same threat to their economic health. And so far, every step they’ve taken to make things better has only made them worse. But there is one way they could conceivably get out of this mess. And even though no one is talking about it yet, a mere hint of [...]
Nonfarm payrolls retreated by a net 54,000 last month (seasonally adjusted) and the unemployment rate ticked up to 9.6% from 9.5% in July,… Source
It has been a very telling day as I said this morning it would be… Source
I published this report on FX360.com this morning (if you haven’t read it already)… Source
Some highlights of today’s employment report for August… Source
August auto sales worst in 27 years, declared some headlines… Source
►Bond Bubble: A Sterile Debate James Montier/The Big Picture “…unless you believe that Japan is the correct template for the US… Source
The past two days there has been a litany of economic news and it has been mixed… Source
One look at Akamai $AKAM is all I need to know the web is not dead. This morning the stock is at 8 year highs. Akamai will sell you stuff if you are closed, open, web, mobile, woman, man. The people have spoken, and they want their bandwith, no matter what the economic signals are. [...]
Friday, September 3-Jim Wyckoff’s Morning Web Log JIM’S MARKET THOUGHT OF THE DAY *… Source
METALS: December gold futures closed up $5.00 at $1,253.10 today. Prices closed… Source
Stocks advanced further in US Thursday, as the investors braced the fall in the initial jobless claims in past week, and improved retail sales for the month of August, boosted by tax free incentives in the season. There was an increase in pending home sales. The Dow Jones industrial average gained 50 points, or 0.5%. [...]
The iShares Silver Trust ETF (NYSE: SLV) acts very powerfully as the price structure… Source
The markets for some reason are much more sensitive to pattern repetition lately… Source
Running a quick screen on finviz.com I came up with a list of just under 50 of the… Source
WASHINGTON , D.C. – Sept. 2, 2010 – “The Association of American Railroads (AAR)… Source
While volume was uninspiring it was a good day for markets as they closed at their… Source
Some Potential Swing Trading Opportunities for today… Source
For shareholders anyway. Cramer explains why you can’t expect a cool gadget to translate into investment returns. Original Source >>>
