Markets

Jul 11, 2011 at 10:19

The end of June marked what is hopefully the end of the Federal Reserve's policy of quantitative easing. For months the Fed has purchased hundreds of billions of dollars of…

Jul 11, 2011 at 09:13

As many of you know I believe that we have begun the topping process of this cyclical bull market. In a healthy market an intermediate decline is a profit-taking event…

Jul 11, 2011 at 08:43

In the past three decades the Islamic Republic of Iran has developed a well-earned sense of paranoia. First, in September 1980 Saddam Hussein invaded Iran in what he thought would…

Jul 11, 2011 at 08:40

Hey, what do you expect? Those knuckleheads who were selling and calling for the end of the world 4 weeks ago are now chasing prices higher and probably calling for…

Jul 11, 2011 at 07:31

A funny thing happened on the way to a lower low... Europe momentarily suspended reality, dreamed of austerity, embraced calamity and believed in unity. Then they woke up.

Jul 11, 2011 at 07:01

It was a quiet week that never really got going till right at the end, and it needed a 'hot' print from the NFP figures to get the markets energized…

Jul 11, 2011 at 06:38

Everything looked rosy this past week but now the question, 'will it stay that way?' Time will tell but the latest action is getting into a decision making area. Let's…

Jul 11, 2011 at 06:25

Friday saw a significant lower open and the sell-off saw the major indexes move more than one percent but less than two percent lower. The rebound following that panic selling…

Jul 11, 2011 at 06:09

Looking at the price of gold we can see that it has been trading in a large sideways range since May and also near a resistance trend line (red line).…

Jul 11, 2011 at 06:00

Greece is still unresolved. Europe is apparently more open to partial default. Risk of contagion is rising. Italy is in the short-seller cross hairs as a result. US credit standing…