The “Morning News Notes” as prepared by TL…American households pare their debt, Renminbi depreciation, Bill Gross on mortgages, oil drilling in the Gulf, Jeremy Siegel on the “Great American Bond Bubble”, Fed’s senior loan officer survey, and Obama administration to lax travel to Cuba. “Morning News Notes”: August 18, 2010.
Author Archive: Guy Lerner
The “Morning News Notes” as prepared by TL…candidate preferences in 2010 elections, new rules to protect mortgage buyers, loosening of lending at big banks, Obama bans on deep water drilling, Mark Mobius on global recovery, China’s leading economic index, Euroland, and corn. “Morning News Notes”: August 17, 2010.
Figure 1 is a composite look at investor sentiment as of week end. The indicator is constructed from the “Dumb Money” and “Smart Money” indicators, Rydex asset data, and InsiderScore total market value of insider buying and selling shown in the weekly round up on sentiment. 11 unique data points are utilized.
The “Morning News Notes” as prepared by TL…stimulus spending, China GDP, US economic growth, PIMCO and US Treasuries, credit scores surge, Greenspan on the economy, Thomas Hoenig of the Kansas City Fed expands upon his dissenting vote and General Petraeus on the strategy in Afghanistan. “Morning News Notes”: August 16, 2010.
The “Morning News Notes” as prepared by TL…US Treasury auction today, Shanghai Stock Exchange, action by Moody’s on banks, US debt, Gulf oil, IMF sees signs of slowing in global economy, and gold tumbles.Just click on the link or the coffee mug below. “Morning News Notes”: July 28, 2010.
This will be a comprehensive review of gold technicals utilizing the SPDR Gold Trust (symbol: GLD). Figure 1 is a weekly chart of GLD with key pivot points. As we know, key pivot points are the most important areas of support (buying) and resistance (selling). With today’s sell – off, GLD is below support levels [...]
The “Morning News Notes” as prepared by TL…BP, rules to govern global banking system, CDS pricing of Euro banks, stimulus debate heats up, state tax collections, home supply to increase, US Treasury yields, and US banks.Just click on the link or the coffee mug below. “Morning News Notes”: July 27, 2010.
The “Morning News Notes” as prepared by TL…classified documents and the Afghan war, European Bank stress tests, confidence in US Banks, Federal budget deficit, Bush tax cuts, PIMCO moves into equities, GS, gold, and BP. Just click on the link or the coffee mug below. “Morning News Notes”: July 26, 2010.
Glenn Holderreed of Quacera Capital Management and the QPM Radar sent me an email the other day describing the market: “Charting this market is similar to tracking the moves of a squirrel crossing a busy street. Quickly moving to the middle, no better turn back, no, no, I can make it across, oh no I [...]
This is the bullish argument as put together by good friend TL. It is an excellent review of the bullish and bearish arguments facing investors today. Our analyst comes down on the side of the bulls as he finds monetary policy, valuations, and sentiment favorable. Thanks TL! 2010-07-20 – Q3 Forecast (1)
Figure 1 is a weekly chart of the Market Vectors Gold Miners ETF (symbol: GDX). The pink and black dots represent key pivot points or areas of support (buying) and resistance (selling). There are two bearish signs that point to GDX forming a market top. Figure 1. GDX/ weekly Bearish sign #1 is the double [...]
Much has been made of the “Death Cross” that happened on July 2, 2010 in the S&P500. The “Death Cross” occurs when the 50 day moving average of price crosses below the 200 day moving average. Many interpret this technical “phenomena” bearishly, but as usual, folks are only reading the headlines and not critically looking [...]
The “Morning News Notes” as prepared by TL…emergency jobless benefits, Obama’s approval rating, retirement and social security benefits, German debt auction, European bank stress tests, US Housing market, financial regulation reform, options the Fed could pursue if economy double dips, North and South Korea, and deepwater rigs. Just click on the link or the coffee [...]
Over the past couple of months I have made the technical case for being long Treasury bonds. Below is a list of articles chronicling my analysis. Treasury Bonds: The Correct Play Is To Be Long (February 23, 2010) What I Am Watching (Part 1): TBT and TLT (April 13, 2010) Bonds Look Attractive (June 24, [...]
From this perspective, the equity markets have a bearish look. Figure 1 is a weekly chart of the S&P Depository Receipts (symbol: SPY). Key pivot points, which highlight areas of buying (support) and selling (resistance), are shown on the graph. Prices are currently below the most immediate key pivot point at 107.58. A weekly close [...]