Posts under Economy & Markets Category

Oct28

These rallies are becoming familiar.  In early July we saw a streak of 12 of 13 sessions in a row up,  early September 11 of 12, and mid October 11 of 13 (current streak).  It is a bit uncanny the…

Oct21

We are in the midst of yet another V shaped rally and at this point there is no more surprise.  It has become the rule…the familiar.   This is episode #3 of the second half of 2013; and one can argue…

Oct10

The politicians can not agree on anything other than kicking the can down the road.  Word surfaced late yesterday the 2 parties may "agree" to kick the can down the road – solving nothing other than avoiding the debt ceiling…

Oct09

Once Larry Summers "exited" (i.e. was rejected) as a candidate, all eyes turned back to what was seen earlier as the obvious choice – Janet Yellen.  Yesterday after the close President Obama did what everyone expected and nominated her for…

Oct08

With the 61.8% retracement of the September rally now broken, the risk now opens for a complete retracement of the entire September rally which was topped off by the "no QE tapering" by Bernanke now nearly 3 weeks ago. Disclosure…