Has the Bubble Burst?
It is not uncommon to move past a “bubble” bursting and not realizing it. Denial plays a big part in the recognition of such a phenomena. While I admit the speculation can grow extremely strong as pundits try to claim their 15 minutes of fame by making bold statements of impending doom only to get […]
Continue readingLogical Market Update: Day Two – Bulls Attempt to Stage a Comeback
Day Two and the Bulls Attempt to Stage a Comeback – Gold Stocks Back on the Radar – Time to Begin Buying? The markets followed through on Tuesday’s selling finishing what I’m considering the initial (first) leg down. Interestingly though, when the bulls moved in to stage their comeback, the volatility indexes were first on […]
Continue readingLogical Market Update: Morgan Stanley’s Selling What? NYSE Margin Debt & S&P 500 All Time Highs
Second Verse Same As the First: Morgan Stanley Pushing Non-Prime Fund to European Investors – NYSE Margin Debt and S&P 500 All Time Highs To say that people learn from their mistakes is a fabrication. Seems that several of the TBTF banks have decided to repackage their sub-prime mortgages and ship them off to Europe […]
Continue readingLogical Market Update: Market Update FED Comment – Much Ado About Nothing
Market Update: FED Comment – Much Ado About Nothing – Produces Numerous Trading Opportunities – MasterCard and Visa Swiped by Fed Judge Wednesday was a traders dream type of day. There were plentiful opportunities across the board in equities, treasuries, precious metals, and commodities. Volumes increased which increased price volatility and velocity. Today’s action […]
Continue readingLogical Market Update: Equity Index Market Update
Equity Index Market Update The last three trading sessions have appeared to be mirror images of the same trading strategy. Amazingly, there are players out there (large players) that still believe manipulation goes unnoticed and their tactics on how they manipulate is legal. The fact is it isn’t but there is little being done about […]
Continue readingLogical Market Update: HFT a.k.a. Algo-Computer Trading
High Frequency Trading a.k.a. Algo-Computer Trading, Manipulation, and Your Money Living Together Peacefully! Monday’s trade was somewhat of a surprise about an hour into the session. The equity markets seemed to initially take the extreme overbought readings left after Friday’s slow grind to new highs more seriously in that sellers were present at the opening. […]
Continue readingLogical Market Update: Friday is Futures & Options Expiration – Equity Update
Friday is Futures & Options Expiration – Equity Update – GOOG & MSFT Disappoint & Slide 5% Media headlines are becoming more humorous as reporter’s grapple to find a reason for the markets continued rise. One very popular financial site ran a banner “Breaking News” headline: Detroit Has Filed for Chapter 9 Bankruptcy Protection right […]
Continue readingLogical Market Update: Near Term Outlook for Treasuries
Near Term Outlook for Treasuries – 10 Year Note Continues to Lead Direction “Let’s talk about bonds baby…. let’s talk about you and yield…let’s talk about bonds…” – sound like a familiar tune – it should. The rally in treasuries has stalled – paused for thought – needs an additional “goose” only received […]
Continue readingLogical Market Update: Near Term Outlook for NASDAQ 100
Near Term Outlook for NASDAQ 100 – Perception Is Not Always Reality and Much Ado About Nothing! Capitulation is a wonder to see in action. Thursday’s trade was just this side of “ like incredibly awesome dude.” The DJIA and S&P 500 are less than ½ percent from new highs and just may get pushed […]
Continue readingLogical Market Update: Natural Gas Fails to Ignite a Rally – Price Volatility = Opportunity
Natural Gas Fails to Ignite Rally – Thursday’s Lows Just Above Important Near-Term Support – Increased Price Volatility = Opportunity Natural Gas dropped over 4% quickly after the latest EIA report showed U.S. stockpiles increasing beyond forecasts. The August future was off over 18 cents touching 3.55 before recovering to close at 3.59. The […]
Continue readingLogical Market Update: Precious Metals Hammered Lower – Negative Momentum Getting Extreme
Gold & Silver Hammered Lower- Negative Momentum Getting Extreme Gold and silver dropped to new two-year and nearly three-year lows. The futures markets have again seen the liquidation of “weak-handed” longs and continued technical short selling as the market reacts to the prospect of a stronger U.S. economy triggering the Federal Reserve to begin […]
Continue readingLogical Market Update: Deja Vu of 2008 – Thursday Was Day Traders Dream – Long Bond Holders Bound in Nightmare!
It Felt Like 2008 Again – Thursday Was Amazing – Day Traders Dream – Long Bond Holders Still Trying to Wake Up From the Nightmare! If I thought Wednesday night into Thursday morning was an “Everything Must Go Sale” – Thursday’s U.S. sessions proved to be what I call a “Billy Graham Sell-Off”. All […]
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