About that bubble in US Treasury bonds...
Could silver be the subprime of the commodity complex?
Social Darwinism
Divergences and Three Push Pattern Reversal in Crude Oil
Copper and the COT Report
Dr Copper falls through the ice
Glencore IPO marking the top?
Glencore IPO shows unregulated commodities traders eclipsing Goldman Sachs
Brazilian Banks Beat Wall Street as Itau Shows Who Rules
Brazils Stock Market Struggles
Demographic Destiny & The Next Secular Bull Market
US Youth Boom Bad News for Luxury Retailers. Wait, the Fourth Turning was right? Or just off by one?
The end of cheap: China’s tipping point
FT: China risks credit-fuelled Minsky moment. Credit still flowing.
China population turning-point to spur inflation:state economist
FT: Facebook hopes draw investors to Renren
Grouponomics
The Wall Street Journal Launches a WikiLeaks Competitor, SafeHouse. Breaking news: respected media institution vows to do journalism.
The Arms Race Against the Pirates
Hernando de Soto: The Destruction of Economic Facts. Perfect description of global financial markets.
Emmy I'm speechless! Thank you!!!
ReplyDeleteThks Emmie. The "Divergences and Three Push Pattern Reversal in Crude Oil" is great.
ReplyDeleteFunny coincidence is that I mentioned a similar pattern that is forming on the weekly (and daily) SP500 in yesterday's thread!
Instead of restating the same thing here is a quote from my comment:
"What's more, on the weekly, the index is forming the same RSI divergences as those printed in the 3 last legs up leading to Oct 2007. Which suggests a multi year top may happen before the year ends."
And we're currently ending the second leg up (or "push"):
ReplyDelete"And since we've come to know by now that this market can never go down, I'll dare be even more optimistic: we can "imagining" breaking through the previous high, and end this ride somewhere in the 1400s. Last 3 legs up, like in 2007 indeed.:)"
Thanks Emmy! You really out did your self this weekend and I hang my head in shame for posting a picture of a scale and a raccoon.
ReplyDeleteI will need the entire weekend to work through this fabulous collection of charts and links.
Wow!
Does anyone else hate the new Firefox 4.0? What a mess.
ReplyDelete@Denise,10:20AM : make a search for "download google browser", and all your problems will be solved. Use google.com for searching of course, if you want to end up in the right place.
ReplyDeleteMore seriously, I've switched from being a long-time Firefox user to using Google Chrome browser recently.
ReplyDeleteI dumped good ol' Firefox not because I was having difficulties with the new version 4, but due to some of my favorite add-ons being incompatible with this version.:(
Can't tell for the version 4, since I've dumped this update as soon as I realized the incompatibility. But previous versions were very good.
ReplyDeleteOnly weak point is performance, an area in which Chrome beats all competition.
Thanks, Wolfie. I was happy with the old version but the new one is terrible with tabs in strange places and badly placed home, back, and reload. I will try the Chrome.
ReplyDeleteI use firefox 4.0 - so many of the web browsers are crap anymore. Denise - are you experiencing the stalling and the crashing? Pay attention to the lower left hand corner of your browser - not on our site, but on more and more, I see them hanging on all those ad servers. Hotmail and Market watch are really bad.
ReplyDeleteThe slowness, according to our web folks, are all those little annoying advertising bars loading their content. Remember when BR's site was down for an afternoon because of one of them?
Anyone taking that Greece Threat to leave the Euro seriously? Or is that just idle threats to get a better rate on their debt?
ReplyDeleteThe slowness is one problem but I hate the tabs that are now on top, the buttons for back, home, reload are spaced all over the top bar, it is hard to cut and paste to google and then use a new page to load the results into. It is clunky, and poorly laid out compared to the old version.
ReplyDeleteI do see that left hand corner box come up again and again. Blech.
No, from what I read they are not going to leave. The ECB own too much of their debt and I think it is all about the restructuring of that debt and who gets the most biggest haircut. Another fine mess in Europe.
ReplyDeleteThe divergence and three push pattern shown in the crude chart is a very good chart to study.
ReplyDeleteWe learn the most when we look at what precedes these types of sell offs. What conditions were present, and what were not.
This type of analysis (what conditions precede) can be applied to all time frames and all markets. Very valuable concepts to integrate into analyzing the markets.
This doesn't give me much faith in our "intelligence" community. Not that I had much faith in it before this.
ReplyDeleteOsama bin Laden maintained operational control of Al Qaeda from his compound in Abbottabad, Pakistan, a senior U.S. intelligence official said Saturday, citing material found in the compound.
“This compound in Abbottabad was an active command-and-control center for Al Qaeda’s leader,” the official said at a Pentagon briefing. “He was active in operational planning and in driving tactical decisions within Al Qaeda.”
Until recently, many analysts believed bin Laden’s operational control over Al Qaeda eroded in recent years due to his being in hiding and the increased decentralization of those planning terror plots.
Read more: http://www.politico.com/news/stories/0511/54508.html#ixzz1Lhr07eo6
@Thor,
ReplyDelete"The big pitcutre in the propaganda war against al-Quida". PJ Crowlwy -guardian.
http://www.guardian.co.uk/commentisfree/cifamerica/2011/may/06/osama-bin-laden-obama-adminstration.
Even I knew that house he lived in wasn't a mansion. That's a regular lower middle class home in a farming community in India. Practically next door. I guess they were trying to portray him in a negative light.
This new video of released today, showing him sitting on the floor watching t.v. may actually backfire. Compare that to mcmansion of some of the Arab elite.
A monster as he was, he could be credited for some contribution toward the Arab Jasmine revolution.
ICan
A blast from the past and a cautionary tale, I thought this was great enough to repost:
ReplyDeleteThe 100 Billion FX Hustle
@Emmy,
ReplyDeleteRe,"Could Silver be the Subprime of the commodity complex":
This sums up best,"Maybe the market ran out of greater fools...A chain reaction among commodities triggered in silver could put a halt to this particular ponzi".
But WSJ has both sides covered with this article:
"Commodities drop is a correctioin not a crash".
And thanks for the linkfest.
ICan
Thor,
ReplyDeleteMy dear husband fixed all of the tab and button problems. I can make a mean lasagna, but I can't figure out FireFox tabs.
Looking through the rear view mirror:
ReplyDeleteFarmers in my ancestral village have a choice to plant two major crops now: Rice or Cotton. Which one are they choosing? Even though rice is sure bet - fetches better price in none speculative years.
But samething is happening in the U.S. too.
"North Carolina cotton acreage to increase 36 percent".
coloradofarmbureau.com
ICan
Wow emmy, I don't even know where to start! And how do I follow this up for tomorrow?
ReplyDeleteGreat one about the so-called "bubble" in Treasuries. I think it's spot on.
ReplyDeleteAnd I'm happy to buy the dips in TLT at the moment and mostly play small. Fine with me.
ReplyDeleteBatting down the hatches here in the desert, sand storm on it's way!
ReplyDelete