I’ve said many times before that QE 3 won’t be coming any time soon unless the market Crashes or a major bank goes under. The reason is that QE (and…
Now that the Swiss have pegged the Franc to the soon-to-be-broken-up Euro, the US Dollar is now the primary “flight to safety” paper currency for the world. With that in…
The European banking implosion has now shifted into hyper-drive. We’ve now broken out of the triangle pattern of the last few months in a big way to the downside. I’ve…
“The bottom is in! Stocks are in a new bull market. QE 3 is just seconds away!” These are the taglines being tossed around by the mainstream financial media as…
The financial world is swirling with numerous claims that the Fed telegraphed QE 3 will be coming at its September FOMC meeting. I don’t see this at all. All that…
The market rally that began on Friday and continues today is largely based on end of the month performance gaming. Normal market action doesn’t involve every asset under the sun…
One of the primary arguments that the world is in “recovery” comes from the decoupling argument: namely that emerging market economies have grown to the point that they will hold…
I’ve warned many times that QE 3 will not be coming any time soon and that stocks are on very VERY thin ice. With that in mind, I wanted to…
Now that the market has rolled over and erased most of the gains from last week, I can’t help but wonder just why the market rallied at all. True, it…
Looking out on the markets before the week begins the mood is very, very tense. The European debt crisis continues to intensify with Greece moving to save one of its…
We’re introducing a new component to Gains Pains & Capital: an editorial focus on successful business practices and entrepreneurialism. Too much economic commentary focuses strictly on the markets… which, as…
As much as the mainstream financial media likes to pretend that the financial crisis is over, unfortunately it isn’t. In fact, what’s going to happen next will very likely make…
According to French President Nicolas Sarkozy, he and Angela Merkel share an “absolute determination” to defend the Euro. I find that hard to believe as: 86% of Germans think the…
The action of the last few days has created rising bearish wedges in Brazilian ETF, S&P 500, and the Russell 2000. Let’s start with Brazil as it’s become THE international…
The Euro situation is coming to a point… literally: we’ve entered a triangle pattern. In fact, we have a second triangle forming within this larger pattern. We’ve got just a…
For months now I’ve been warning about the stock markets facing a devastating collapse. I cited mutual fund cash levels, systemic leverage, derivatives exposure, and on and on. And yet,…
Given their technical set-up and oversold conditions last week, stocks should have staged a bounce of some sorts. Instead, they went into full-scale Crisis mode falling over 7% as the…
Stocks got crushed this week with the S&P 500 dropping 90 points between the intraday high and low. As a result of this, we’re now at major support at 1,200:…
We are currently witnessing a pattern in the stock markets that has occurred multiple times in the last century. And everytime we did, things got UGLY. That pattern is: 1) …
The situation in the US Congress marks a new low for politics in this country. I’m not going to bother going into details related to the various plans that have…
