The morning news notes as prepared by TL.... Bank Basel capital standards, Obama launching a slew of new initiatives, Chicago Mayor Daley not to seek re-election, homebuilders, and overnight global equity performance.
Wednesday, September 8, 2010
Tuesday, September 7, 2010
Morning News Notes: 9.7.10
The morning news notes as prepared by TL....Roubini on unemployment, Larry Summers goes to China, European banks under pressure today, Obama pushing hard for a new stimulus, 13% of US population receiving food stamps, and charts on the 10 year Treasury yield.
Monday, September 6, 2010
Investor Sentiment: Perfect Alignment
Last week's bullish signal is this week's perfect four as all four sentiment indicators are issuing buy signals. Essentially, the "smart money" is buying while the "dumb money" is bearish.
Friday, September 3, 2010
Bearish Investor Sentiment Isn't Always a Bullish Signal
Over the past couple of weeks, investors have turned decidedly bearish and as I pointed out in recent articles (click here and here), this is a bullish signal. This was the place to buy, but I have questioned the sustainability of any rally beyond a couple of weeks because the longer term data suggests a market in the topping process. This analysis could change down the road, but for now that is how I see it.
Morning News Notes: 9.3.10
The morning news notes as prepared by TL....non farm payrolls, explosion in the Gulf, Kabul bank, Obama administration floating ideas to "fix" the economy, costs of BP oil spill, and ECB's Trichet hawkish tone.
Thursday, September 2, 2010
Rydex Report for 8.30.10
This report was sent to subscribers of the Premium Content service on Sunday night. While the makings of a short term bottom are present, the sustainability of any upside move in equities remains the big question. A tradeable rally for those who are nimble? Yes. A big liftoff? Not likely.
Morning News Notes: 9.2.10
The morning news notes as prepared by TL....initial jobless claims, freight shipments for August, China's PMI, US industrial production, and countries with unsustainable debt.
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