2 Market Snapshot     After falling nearly 280 points on Friday driven by falling corporate revenue and fear that Greece would leave the EU  and giving up all  but 3.23 points of it gains for 2015,
r Atlanta Federal Reserve On Interest Rates            Dennis Lockhart, President of Atlanta Fed Bank:  "Data available for the first quarter of this year have been notably weak." That "is giving
  Stock Return Expectations           Historically, general stock prices have roughly grown by the growth of the economy + inflation + dividends.  From 1900-2000, the economy and inflation added
l China's Exports Plunge -15%        The world appears economically  ill as earlier this week world’s second-largest economy got incredibly bad news.  On expectations that Chinese exports would rise
w Fed Warns Of Flash Crash 2.0         The Federal Reserve Bank of New York has been investigating the October 15th flash crash of yields (not prices) of US Treasury bonds as bond prices skyrocketed
v Oil Will Soon Rise - A  Myth?      Mike Rothman at Cornerstone Analytics believes that oil prices from late 2016 into 2018 are essentially flat in the low to mid 60s "which would essentially
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  Iran Nuke Update           Obama - "It's a good deal" Netanyahu - "It's a bad deal" Iran's Ayatollah - "The other side is stubborn, difficult to deal with, breaks promises and is a
  Obama:  "We've added more than 10 million private-sector jobs over the longest run of uninterrupted job growth in history." Source f Harry Reid:  “For the 61st straight month the private sector has
  jk Today the LORD'S OF THE FED, aka Fed Open Market Committee (FOMC) released their notes.  Here's my take and summary: g The Lord's Of The Fed are dysfunctionally split on raising
  Really Dumb Idea Of The Month        This month's really dumb idea comes from John Hancock insurance company which will soon begin to offer "lifestyle tracking'.   That's right, the wack-jobs
    Where We've Been             Despite the Federal Reserve’s "official" $4 trillion injection into U.S. markets, the economic reality is there has been little or no economic growth.   For
  Spain Enters The Negative Zone      Joining Germany, Demark, Sweden, Switzerland and France  where you actually get charged for keeping money in the bank rather than going out and spending it
  g Been Wrong For So  Long            Jeffrey Gundlach, founder of Los Angeles-based DoubleLine Capital said:    The Fed has been “been wrong for so long” that “Their incremental input in what
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
d Market Snapshot     Today's bad (as opposed to good, really good or really bad - read more here) news as discussed below, is driving US stocks, oil and gold higher.  ** Bad economic news means
  k NOTICE: Our offices will be closed tomorrow to celebrate Good Friday.  Happy Easter! f Time Has Run Out For Some US Oil Producers           Each October and April banks evaluate their
  The last quarter of 2014 and first quarter of this year American's have seen their discretionary income rise due to falling gasoline prices.  Regular readers know that various pundits and
  All Eyes On The Earnings Game         It's important to understand how the earnings game is played.  Over the years, corporations give analysts "tips" on earnings expectations that are purposely
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  f 4th Quarter Final GDP A  Doozy    The team of GDP government masseuses statisticians at the Bureau of Economic Analysis (BEA) today reported that the "final" re-re-revised GDP number for
  Wisdom consists of the anticipation of consequences.” – Norman Cousins There’s nothing quiet like a scare about sea-lane disruption in the middle-east that could disrupt world crude supplies 
g "Wisdom consists of the anticipation of consequences.” – Norman Cousins d US Durable Goods Orders Fall Again        U.S. business investment spending has now fallen 6 months in a row. Once again in
    Greece  At The Cusp     Billionaire George Soros told Bloomberg TV regarding Greece that "right now we  are at the cusp" and that the chances of Greece leaving the euro area are now 50-50
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  Deflation is the reduction of the general level of prices in an economy - broadly falling prices.    Obviously, falling prices can be caused by many things.  To name but a few, everything from
  BIS Warns Of Oil Bond Sell-Off         With the oil industry accounting for $2.5 trillion of debt outstanding, and with prices falling again the Bank of International Settlements  warns that
d Markets Surge On Dovish Fed Minutes      The FOMC explicitly noted that a hike at the upcoming April meeting was unlikely and more notable was its assessment of  US economic activity  by stating
e Oil Sliding Lower-"er"        Crude prices continue to tumble falling into the $42 handle before rising slightly above $43 but still down -1.44% presently.  Russia, with it's currency basically
9  ECB Struck By Unintended Consequences      In the aftermath of the Eurozone starting to print money last week, the European Central Bank (ECB) finds things are not happening as planned (of course
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
Time for some weekend levity: Click Here
dMarket Market Snapshot       Yesterday's bad economic news that drove the markets higher on hope that the Fed would not raise interest rates, today became really bad (read further below).  That's
  As we wrote in early February concerning O-CrapCare and their mind-numbing ability to completely screw-up the best health care in the world. Meanwhile,  Obama's debacle  continues to
kMa Market Snapshot     Today stocks are rallying about 1% due to dismal economic news (below) suggesting that traders believe that the Fed could delay raising interest rate increases.   That's right
l     Ukraine Tensions Escalate Between Russia & US      Yesterday we reported that when the US sent more than 120 tanks and armored vehicles into Latvia that Russia countered with delivering
d Market Snapshot     With no US specific news driving trade today, the focus has shifted to European markets and moves in currencies.  Because markets have very rarely dealt with negative yields on
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  German Exports Tumble     Despite all the exuberance about the European Central Bank buying bonds to print more cash (QE),  today the only nation holding-up the EU just saw its exports drop - 2.1
  One would laugh at today's BLS report if it wasn't so sad that most, if not all, of the various Federal agencies that we depend upon to provide accurate data (crucial for business and
 r Market Snap-Shot        After falling Friday, stocks are up today apparently being driven by dismal economic news (read below) which suggests that the Fed will not raise interest rates any time
gA Atlanta Federal Reserve Issues OMG! Forecast     Using their GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2015, today the Atlanta Fed says
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
samg Dead Bank Walking – Greece         The Bank of Greece just reported Greece’s official Private Sector Corporations and Household bank deposits for January.  After falling more than $4 billion in
  For years I have been discouraging people to not file their income taxes online.  While doing so is clearly more convenient, plastering all your personal data in some unknown server at an
  Fed Chair Yellen To Testify Today     The big news today is about  Janet Yellen's testimony today before Congress.  The Fed will also release its semi-annual Monetary Policy Report.  Thus far
  Whatever you can do, I can do better….I can do anything better than you! Or probably more like, monkey see, monkey do. Money printing now has helped the European stocks climb and the currency
  Existing Home Sales Crater     January existing home sales fell -4.9%. The largest drop occurred in the balmy west which means, though the talking heads will try, the drop wasn't caused by
  It can't get any more ridiculous - can it? f After spending $2.2 billion in political paybacks for a fully dysfunctional hack-ready website and after hiring 9,000 (times 2) new enforcers IRS
e In  a surprisingly dovish minutes issued yesterday, the Federal Reserve expressed concern about a stronger Dollar and the effect it could have on exports.   In addition to the strong Dollar, they

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