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http://www.upsidetrader.com/ - My Macro Visions, technicals, and the Calling to Task of the Financial Media
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The dollar is plummeting and materials and all the shiny stuff is popping. St. Louis Fed president Bullard (who has popped out of the woodwork lately,) continues his dovish rate rhetoric and is...
Commodities
The major indices kicked off the week on a strong note, with the S&P 500 hitting fresh highs for 2009, but selling pressure eventually emerged, resulting in a mixed finish. Overall it was a...
Stocks
Geithner got bludgeoned like a baby seal yesterday as our national disaster continues to get politicized. What a carnival show. Dennis Gartman is out this morning saying that someone “fat...
Stocks
Timothy Geithner
Dell
Futures are lower this morning and tech could be under pressure as Bank of America downgraded eight microchip companies including Intel. Yesterday Obama warned that to much debt could lead to a...
Stocks
TARP
The underlying strength that the materials and oil sector showed yesterday was quite impressive, especially in the face of a very strong dollar rebound. The carry trade is in full swing and unbridled...
Stocks
Goldman Sachs
The S&P traded through the 1100 level twice last week, on Wednesday and Thursday but was pushed back at resistance. It’s probable that a close above that level could set up some very strong...
Government
The market’s wall of worry looked more like a trampoline this week as bad news continues to be absorbed in a nanosecond, soft bond auction, horrible consumer sentiment etc. Thursday’s...
Stocks
“A great obstacle to happiness is to anticipate too great a happiness.” – Euripides
U.S. stocks ended lower on Thursday, dragged lower by energy-related companies after a build in crude...