Archive for the ‘Stock Market Commentary’ Category:

European Debt Crisis Politicians Blaming the Short Selling Messengers

Written on March 12th, 2010 by The Market Oracleno shouts
Okay, stop me if you’ve heard this one … You have an entity that took on too much debt. It cooked its books. It failed to get its fiscal house in order. Its “executives” repeatedly refused to take the necessary steps to rein in risk.

The Economic Stimulus Scam

Written on March 12th, 2010 by The Market Oracleno shouts
Antony P. Mueller writes: The recent improvement of the global economy, with particularly high economic-growth numbers for the United States, is just one more deception in a long series of deceptions that have plagued policy makers and investors. While official statistics register a rising gross domestic product, the long-term production potential of many economies around the world is actually contracting. The present economic expansion is brought about by massive stimulus policies. This kind of economic expansion does not constitute genuine economic growth.

Gold Up, Dollar Down, as George Soros Buys More Gold

Written on March 12th, 2010 by The Market Oracleno shouts
THE PRICE OF GOLD rose versus a falling US Dollar Friday morning in London, recovering one-third of the week's earlier 3% drop as world stock markets crept towards new multi-month highs. Crude oil also rose, pushing above $82 per barrel after the International Energy Agency called January's jump in China's energy demand – up by 28% – "astonishing".

Euro Sterling is Set to Go Further

Written on March 12th, 2010 by The Market Oracleno shouts
The Euro has recently suffered a very pronounced period of weakness against both the US Dollar and the Japanese Yen but against Sterling it has remained strong throughout. Why is that?

Potential Support in EUR/JPY Towards 76.4%

Written on March 12th, 2010 by The Market Oracleno shouts
A bear move finally got going this year, after a prolonged choppy period in 2009. There are, though, signs that bears could be temporarily tiring now, so we begin to look closer for a recovery phase.

Rebound in Copper Returns Focus On 76.4% Resistance

Written on March 12th, 2010 by The Market Oracleno shouts
Early this year the prior steady uptrend from a late 2008 low was seen to falter at a key Fibonacci level. After an initial sell-off a strong bounce has unnerved the bears - there is still scope for a resumption of weakness, but the market is at a critical stage.

New Banking Regulations … Same Old Story

Written on March 12th, 2010 by The Market Oracleno shouts
Shah Gilani writes: U.S. banks, drunk with greed, drove the nation's economy to the brink of financial Armageddon. To save U.S. banks from losing their license to dangle the nation's economy over a cliff, the U.S. Federal Reserve and the country's elected elite threw them a bailout party and gifted them with the accounting- world's version of "Transformers. "

Gold Heading for Technically Bearish Down Week, But Fundamentals Still Positive

Written on March 12th, 2010 by The Market Oracleno shouts
In New York yesterday, gold saw a gain of $2.29/oz at its session high of $1109.94/oz before falling to see a loss of $7.10/oz at $1100.55/oz shortly afterwards. It then climbed higher for most of the rest of day and ended near its earlier high with a marginal gain of 0.005%. Silver dropped to see a loss of $0.16/oz. It fell as low as $16.83/oz before it also climbed higher and ended near its late session high of $17.15/oz with a gain of 0.9%.

Gerald Celente Forecasts Economic & Financial Crash of 2010 and Food Crisis

Written on March 12th, 2010 by The Market Oracleno shouts
Gerald Celente in a 40 minute broadcast covers some of his long-term forecasts including a breakdown of social order, rioting, food crisis and global economic collapse as a consequence of the global sovereign debt crisis.

Workers, Socialization of Banking Debts and Crisis in Mexico

Written on March 12th, 2010 by The Market Oracleno shouts
Thomas Marois writes: A striking feature of the global financial crisis is the narrow and technical focus on banks and financial corporations without accounting for ordinary workers in these institutions and in society more broadly. Yet through the intensification of work, workers have also underwritten the profitability of finance. This has been generally ignored.

Stock Market S&P 500 At The Breakout…..

Written on March 12th, 2010 by The Market Oracleno shouts
They tried to sell this puppy but it just wouldn't sell. It would have been best to sell a few hundred points on the Dow, and we started in that direction today. but the force of this bull just wouldn't allow for it. The bears came out of the gate defending the close just under S&P 500 1151 with a nice little gap down. It started to run some after trying to claw back to flat and it seemed the selling was finally under way. Some bull markets get silly and just don't allow for too much selling before the buyers rush back in. The S&P 500 was spending most of the day trading slightly under the flat line but as things drew closer to the final bell, the S&P 500 went green and closed right at the breakout with a final print of 1150.

Stocks Sucker Rally, Bear Market Trap and the Energy Bull

Written on March 12th, 2010 by The Market Oracleno shouts
Rick Rule probably could draw an audience if he were talking about the weather, but combine his presence with knowledge, understanding, experience and a track record of success, particularly in the resource arena, and the crowd falls silent. Founder and chairman of Global Resource Investments, Rick recently made himself available for a brain-drain, the foundation of the piece that follows. . .
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