Month: August 2011

Sunday Fun: The Economy is So Bad… How Bad is It?

The economy is so bad that I got a pre-declined credit card in the mail
CEO’s are now playing miniature golf. Exxon-Mobile laid off 25 Congressmen
Angelina Jolie adopted a child from America
Motel Six won’t leave the light on anymore
A picture is now only worth 200 words
They...

Read More

Some Quick Intra-Day Trading Setups – R2000 Short

Here is the skinny: There is a good deal of short-covering today. Of course buyers are excited that the green lights are shining on the board, but let’s also realize that the levels today are simply a return of what was lost yesterday.

With the market consolidating, there may be some...

Read More

GDP Revision Day! – Some Perspective and Estimates in Charts

GDP revision day! Estimates are for 1.1% for the 2nd quarter. Not what anyone would call gang-buster growth.

First a couple of historical charts. As can be seen, the growth for the U.S. is sloping lower.
Components of GDP and Trend

Dispersion of estimates

Summary of estimates

The...

Read More

Links and Reading for August 25th

Some of the more interesting and important items for August 25th :

Bonds Are Most Expensive Since Lehman Collapse Versus Stocks: Japan Credit – Bloomberg – Japanese bonds are the most expensive relative to local shares since the collapse of Lehman Brothers Holdings Inc. amid growing doubts that companiesā€˜ earnings will...

Read More