Friday, June 15, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets bounced from deeply oversold levels as hope spread that another round of global monetary easing will curb the economic slowdown across the globe. In early May, all the major averages sliced below their respective 50 DMA lines which prompted us…
Thursday, June 7, 2012 MICHAEL MORAN, CHIEF ECONOMIST, DAIWA SECURITIES AMERICA, NEW YORK “Bernanke didn’t reveal anything new in his prepared remarks. He was general and vague about what the Fed might do with monetary policy. He reiterated the Fed was willing to do more, if needed, but offered no clues as to whether additional…
Think Less Source: Stockscores.com Perspectives for the week ending May 26, 2012 You cannot expect to do well in the market if you look at investing in a normal way. By definition, being average is doing what most other people do and since investing is largely a psychological game, doing what other people do is…
By Barani Krishnan Fri Jun 8, 2012 7:35pm EDT (Reuters) – Hedge funds and other money managers pulled nearly $1.7 billion from commodity markets in the first week of June, extending the bearish mood from May, as the euro zone crisis and stuttering global economy roiled markets, trade data showed on Friday. Together with last month, speculators…
Friday, June 8, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets bounced from deeply oversold levels as hope spread that another round of global monetary easing will curb the economic slowdown across the globe. In early May, all the major averages sliced below their respective 50 DMA lines which prompted us…
By Wanfeng Zhou NEW YORK | Thu Jun 7, 2012 8:06pm IST (Reuters) – World stocks and the euro pared gains on Thursday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank was ready to shield the economy if financial troubles mount but offered few hints that further monetary stimulus was imminent. Bernanke told a…
Fri Jun 1, 2012 2:30pm EDT * Copper approaches bear market territory * COMEX copper technicals deteriorate as death cross forms * U.S. payrolls rise by less-than-expected 69,000 in May * Coming up: LME closed Monday and Tuesday for Queen’s Jubilee By Chris Kelly and Melanie Burton…
Friday, June 1, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets were smacked last week as the latest round of data confirmed our longstanding thesis that the global economy is “slowing, not growing. From a technical standpoint, the action is weak and continues to get “weaker.” In early May, all the…
By Frank Tang NEW YORK | Wed May 30, 2012 4:59pm EDT (Reuters) – Gold staged a dramatic mid-session turn-around in heavy trade on Wednesday, rebounding more than $30 an ounce as a deepening sell-off in riskier assets rekindled safe-haven demand and technical bids kicked in at a key support level. The abrupt reversal at mid-morning prevented gold…
This book should be a good! My copy just arrived and I’m looking fwd to reading it over the long weekend! 1. Interview with Jack: http://hw.libsyn.com/p/e/e/1/ee17590e593cecee/TrendFollowingManifesto052212.mp3?sid=4613df5d6a9030ffbc1e05ccfd7340f7&l_sid=35470&l_eid=&l_mid=3017493&expiration=1337819551&hwt=c97a9cbe04029ff32705664d59ab4dff 2. “Five Market Wizard Lessons” after the jump Jack Schwager: “Five Market Wizard Lessons” Hedge Fund Market Wizards is ultimately a search for insights to be drawn from the most successful…