We think we said it all last time here as the markets fell under some serious distribution this past week. Shorter term, anything is possible. The short term is the trees. Maybe we get a bounce here as the market felt a little sold out on Friday. We also saw a spike in put buying…
And as usual, Colbert doesn’t have a case! SOURCE: http://thecolbertreport.cc.com/full-episodes/cjj83k/july-30–2014—james-franco
SOURCE: http://www.dailymail.co.uk/news/article-2713086/Obama-hosts-celebrity-filled-Special-Olympics-bash-Katy-Perry-Stevie-Wonder.html
So let’s go backwards and reiterate all our reports of the past 6 months. In those reports, we stated that all the characteristics that showed up in advance of a top of importance were being put in place. We just did not know at what point in time that the markets would react. Back in…
SOURCE: http://www.dailymail.co.uk/femail/article-2711945/Want-burn-Cheesecake-Factory-pasta-Youll-jog-FIVE-HOURS-The-caloric-costs-chain-restaurant-meals-revealed.html
Just reporting the facts: New highs versus the market horrid. This simply means fewer and fewer stocks are working while the big money finds mega-cap names. Advance/decline figures have been heading south while the big cap indices hold up. This means the underlying market is weakening. The strongest areas like the SEMIS and TRANSPORTS are under…
Amazing rally! SOURCE: http://sports.yahoo.com/blogs/the-turnstile/monster-ping-pong-rally-will-blow-your-mind–or-at-least-make-you-smile-182642818.html
In 2004-2007, we witnessed a housing bubble…caused by many players. You can start with Greenspan for loose lending policies and advocating subprime lending but one also has to look at the criminal activities at the lending companies. The lenders realized prices became to high to afford so many decided to give loans to people that…
