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Markets

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TMS: Dow Jones 11000 or 10000? Yawning!

Aug 02, 2010 at 18:01

So when the market sits at 10500 where does it head? Will the market visit the highs or the lows? This time we have to state that both are probable…

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Bulls Step Up...

Aug 02, 2010 at 16:06

Friday's trading action saw similar volume levels and a snap back rally following a gap down open. This is the same sort of snap back we have seen following gap…

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Readers Chime in on Union Productivity

Aug 02, 2010 at 15:53

Public union wages and benefits (especially defined benefit pension plans) are the biggest problems states face. Any candidate winning endorsement of public unions is a candidate deserving to be thrown…

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Why Gold Stocks are Certain to Go Higher

Aug 02, 2010 at 15:32

So why are precious metals shares bound to go much higher? Firstly, the trend is firmly in place and no one can argue that we are not in a secular…

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July ISM Manufacturing Report Points to Undesired Inventory Build-Up and Further Slowing in Production Activity Pace

Aug 02, 2010 at 14:22

The combination of a decline in new orders and a rise in inventories has negative implications for near-term production. With demand slowing and inventories building, there will be cut backs…

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Weekly Wrap-Up: Distorted Economy

Aug 02, 2010 at 13:23

Employee compensation is at its lowest level (relative to the size of the economy) since 1955. Wages as a percentage of GDP are at their lowest level EVER (and that…

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How Europe and The U.S. Are Trying To Prevent A Global Currency Crisis

Aug 02, 2010 at 12:46

Comparing the Dollar to the Euro, the relative trend has just hit an important area of support at the 50% fibonacci retracement and the dollar has just hit its 200…

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The Trouble With Unconstitutional Wars

Aug 02, 2010 at 11:13

We should follow constitutional protocol when going to war. It is there for a reason. If we are legitimately attacked, it is the job of Congress to declare war. We…

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Sebastian Mallaby: 'Nobody Would Know Whom or What to Trust'

Aug 02, 2010 at 10:02

... the global markets losing faith in Treasury bonds would be the end of the road for the U.S. We'd be in worse shape than Greece, having to actually live…

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How to Conquer 'Volatile Volatility'

Aug 02, 2010 at 09:52

The stock market since the May "flash crash" and early July cycle low has been a trading range affair characterized by alternations between high and low volatility levels, or what…