The major headline may have been the rise in the price of oil to almost $120 per barrel but the majority simply favors to ignore the negative news and continue to hope and expect that everything is just fine. Sooner or sooner reality will set in and the markets will collect fines for the ignorance.

Supply-Demand has nothing

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The markets have closed a third day in positive territory and each day the reason for the rally seem to get more and more ridiculous. Yesterday it was the rating agencies today it is IBM but all of them really have no impact on the real problems such as inflation, housing and even consumer confidence.

The ignorance of probl

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Thursday saw a sharp rally on Wall Street but the rally had a bearish touch to it while all economic reports released pointed towards a (severe) recession. False hopes, expectations and ignorance will not solve the problems the economy faces.

The majority hopes that the rate-cuts will have the positive economic impact that w

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This post takes a look at the retail sales report from Thursday (among a few other things). Most idiots really bought into the sales pitch that retail sales were stronger than expected but what would you expect from individuals who can't tell the difference between the male and female reproductive system?

To chase an illusi

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This post (sorry it one day lat due to 'third-party problems') reflects on what happened during the trading day and gives the key economic reports a closer look.

Three major benchmarks broke key support levels ( as expected) and further downside should be expected. Unfortunately, the majority of (professional) investors re

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A continuation from Thursday's rally was seen today and this was required in order to ensure the health of the bear market.

Why?

No market will move in one direction without periods of counter trend moves. Those counter-trend moves are a strong sign the markets function well and will fuel the overall trend of the market

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This post gives a (somewhat long) review of what influenced global equity markets today and gave the economic reports of the day a quick look.

What happened this week was probably a bit too easy to predict but the majority seemed to be surprised which is another reason why false optimism and ignorance will always cause you t

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Quick overview of the trading week which was filled with five days of great market action. The bears have been in control all month long and Friday's close has been a great finish. Opportunities are more than enough but the majority favors to pass those opportunities for whatever it is they seek.

Why do so many individuals

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The first day of a new trading week kicked-off and a little breather was expected...unless you are a mutual fund mismanager...than you were a bit disappointed (well, like always you know...you guys should really get used to that by now) since you big bargain hunting rally did not materialize as so many of your colleagues hoped

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Today's trading day was a great finish to a great week and may have marked the end of the bull rally in this young, strong and healthy bear market. Today offered yet another example of ridiculously high earnings expectations, aka ignorance, and how expensive it can be.

Another important economic report released today clearl

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This post describes the bull-trap many investors fell for and points out the signals given by the markets but ignored or misunderstood by the majority of market participants.

The bull trap which took three days to set-up and catch the bulls and two days to give them the 'silver bullet' presented many great opportunities f

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Inflation continued to surge higher and the continued ignorance on headline inflation reached a pathetic point. The vast majority (of the worst professional investors...the entire mutual fund industry) focus their attention on core inflation and argue more for more rate-cuts.

Energy and Food, which are excluded from core inf

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A quick recap of the past two trading days and the successful completion of the bear mission all week long. The Bank of England and the European Central Bank once again displayed their supremacy in regards to knowledge of the economy and monetary policy which is a contrast to the Federal Reserve.

The BoE and the ECB follow a

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A quited day on global equity markets lead to a mixed close ahead of some key earnings to be released after the bell and prior to the bell tomorrow. The bulls will have a filed day as earnings will not matter since the bar has been buried deep in the ground which requires companies to just report anything in order to stage a ra

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Another great day on global equity markets and another day the majority opted not to participate. Rumors of problems at Lehman grabbed the attention early on while 'Septic Tank' Ben took the first step to become a real-estate czar. Clear Channel gets a life-line but safety at airlines is somewhat questionable while a small Ca

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Equity Markets surged from the first second the markets opened until the last second markets closed. The reason behind today's rally was 'More leakage from the 'Septic Tank'.

The bulls clearly were in control all day but one thing market participants need to keep in mind is that a wounded animal (in this case the Bear) i

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