The "Morning News Notes" as prepared by TL...US energy drilling, Gallup Poll on what is the most threatening thing to Americans, Bernanke remarks, Manpower Outlook Employment Survey, PIMCO's Crescenzi, Spain, and Cramer.
Tuesday, June 8, 2010
Sunday, June 6, 2010
Investor Sentiment: The Sweet Spot
As hard as it is to believe, last week's "fat pitch" is this week's "sweet spot". As expected after last week's gyrations, investor sentiment remains decidedly bearish, and this is a bullish signal as gains can be made at an accelerated pace IF the market turns around. This remains a big "IF". Yet as the data shows, the highest probability for a market turn around is in the second week of extreme bearish sentiment. We are now in that "sweet spot".
Thursday, June 3, 2010
Natural Gas
I believe natural gas is putting in a bottom, and it has the potential for an extended bullish run.
Labels:
commodities,
Technical Analysis
Morning News Notes: 6/3/2010
The "Morning News Notes" as prepared by TL...US housing, Korea, BP, Moody's bank review, preview of non-farm payrolls on Friday, and Gallup's Job Creation Index.
Wednesday, June 2, 2010
Morning News Notes: 6/2/2010
The "Morning News Notes" as prepared by TL...Japanese PM Hatoyama, BP and Gulf of Mexico oil spill, summer travel plans, and NY is broke again.
Tuesday, June 1, 2010
This Will Drive You Crazy
This article will no doubt drive crazy those investors who are always looking for that guarantee that everything in the markets is nice, neat and clear cut.
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