JP Morgan (JPM) Whale: “Thar She Blows”
Less than a month ago, JP Morgan released very solid 1st quarter 2012 earnings and put out the following release: New York, April 13, 2012 - JPMorgan Chase &... Read »
Gold Crash Ahead?
While Goldman Sachs (GS) continues to stand by its forecast for a rally in gold this year, saying that the precious metal will move to $1,840 an ounce over the next... Read »
Options Activity Alert: CSCO, TJX, INSP
CSCO – Cisco Systems, Inc. – Large risk reversals are dominating the options-landscape on Cisco Systems this morning, helping to drive volume above 540,000... Read »
China Stops Buying Eurozone Debt
I don’t know what the markets mean when they flock to dollars and yen (JPY), the two big dogs when it comes to debt creation. But it is what it is, so we carry... Read »
Gold Questioning Fed’s Effectiveness
Central bankers want us to believe that monetary policy is about banks, interest rates, and the ability to get a “cheap” loan. The 2002 quote below from Ben... Read »
Rise in Residential Investment May Boost Sales at Home Depot (HD) and Lowe’s (LOW)
Spending on construction of new residential housing and improvements to existing homes is at a three-year high, a trend that may boost sales at Home Depot Inc. (HD)... Read »
Markets Will Crash Like in 1987 if Stocks Rally Without QE3 – Marc Faber
Marc Faber, publisher of the Gloom, Boom & Doom report, spoke with Bloomberg TV’s Betty Liu and said that, “I think the market will have difficulties... Read »
Jobless Claims Fall (Just Barely) Last Week
There’s good news and bad news in today’s weekly update of initial jobless claims. The good news is that new filings for jobless benefits fell last week, albeit... Read »
Unscrambling the Euro Eggs
On April 17 I wrote about a conversation with an individual who lives in Athens. He had this to say about the coming Greek elections: “The other parties are communists,... Read »
How Bad Is Europe?
The chart tracks the S&P 500 SPDR (SPY) against what I believe are all of the Eurozone ETFs; iShares France (EWQ), iShares Spain (EWP), iShares Germany (EWG),... Read »






