Links and Reading for May 25th
May 25, 2010
Some of the more interesting and important items for May 25th :
- McClellan Oscillator – Starting to Turn? Was That The Bottom? – Markets Bottoming?
- FTC Clears Google’s AdMob Purchase – Apple vs. Google in full swing
- Republican wins Hawaii special congressional vote – A slap on the left cheek of Pres Obama
- Greek PM says no need for default, restructuring – The last person we can trust… PM of Greece speaks with a forked tongue
- European Debt Crisis Won’t Derail Global Recovery, Geithner to Tell China – Can we believe him this time?
Consumers are Confident – Not Letting A Little Euro Disaster Bother Them
May 25, 2010
The good news of the day came in as a pretty impressive consumer confidence number. Even as we are worried about Korea, Oil spills, earthquakes and that little European region issue, the confidence came way over expectations and higher than last month.
This could be a good sign as consumers are still active in the U.S. and will provide a basis for a potentially good PCE number out Thursday. Expectations are for a gain of 3.7%, an increase of .1% from the last report. Along with that report, Durable goods may show an increase as well, according Read more
TDI Podcast 162: ZeroHedge, FlashCrash & Did the FED Create the Euro Panic?
May 25, 2010
Guest: Tyler Durden, ZeroHedge discusses the facts surrounding the “flash crash” a couple of weeks back. We also go into high frequency trading as well as an interesting conspiracy theory related to the Euro and Treasuries. Did the U.S. govy want a flight to safety?
Andrew starts us off with a review of the week that was and what to expect next week.
Have You Seen These Commodities Lately?
May 25, 2010
The hottest commodities of the past year have reversed course of late and moved lower, much lower. The question is: Is this telling us that there is an impending slowdown or did these just get overbought?
Sugar is one thing, but the fall of lumber is quite another. Much of this is still due to the lack of demand in the housing sector (among other issues) and accordingly, lumber prices Read more
TDI Podcast 162: ZeroHedge, FlashCrash & Did the FED Create the Euro Panic?
May 23, 2010
Guest: Tyler Durden, ZeroHedge discusses the facts surrounding the “flash crash” a couple of weeks back. We also go into high frequency trading as well as an interesting conspiracy theory related to the Euro and Treasuries. Did the U.S. govy want a flight to safety?
Andrew starts us off with a review of the week that was and what to expect next week.
Podcast: Play in new window | Download (Duration: 1:05:31 — 34.5MB)
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