Over the last few weeks in the Quantifiable Edges Subscriber Letter I’ve posted a number of studies related to Fed POMO activity. I’m not the first to look at POMO. It is a topic I first saw on Zerohedge and have seen discussed many other places si…
Over the last few weeks in the Quantifiable Edges Subscriber Letter I’ve posted a number of studies related to Fed POMO activity. I’m not the first to look at POMO. It is a topic I first saw on Zerohedge and have seen discussed many other places si…
Where do we begin when trying to talk about this global soap opera? Lets start in Europe. Ireland is now on the official bailout list with Portugal, Spain, Italy, and Belgium being adding to the list of the next countries to need a bailout. Gold has surged to a new high versus the Euro currency. [...]
The Euro is currently the #1 battleground for most investors. The currency offered a nice shorting opportunity between $1.35 and $1.40. Take a look at the following chart:Since 2008, the Euro has demonstrated its capability to decline over 20% over a p…
Many different parties celebrated the recent $113B bailout of Ireland (NYSE:IRE), especially given that Greece (NYSE:NBG) is doing so well now (note the sarcasm). Oh, but the fun doesn’t stop there for taxpayers, no, no,, in fact you can expect Spain (NYSE:EWP) and Portugal (NYSE:PT) to follow suit, leading to a complete collapse of the [...]
The US Dollar (NYSE:UUP) and (NYSE:UDN) has received nothing short of negative press since the introduction of Quantitative Easing part deux, amassing a total of $600 billion in printed paper (none of which is backed by gold bouillon). In theory, all exogenous variables equal, this event should depreciate the currency, however, it has done the [...]
Featured equities: SPRD ETF (NYSE:SPY), Financials Sector (NYSE:XLF), 3x Financials Bear (NYSE:FAZ), 3X Financials Bull (NYSE:FAS), US Dollar Bullish (NYSE:UUP), US Dollar Bearish (NYSE:UDN) A miracle on Wall Street, or just another bailout-style sham? The S&P 500 found a way to rally (almost green, but not quite) at exactly 2PM EST to somehow, someway, beat [...]
I’m back from a much needed two weeks in Thailand with minimal internet access and excited to continue on with some BIP analyses. Our next big catalyst play is Orexigen’s (OREX) FDA advisory committee meeting for Contrave – its treatment for obesity. The FDA panel occurs next week – Tuesday, December 7 – with the briefing . . . → Read More: Orexigen’s Contrave Panel Primer – Safety Issues
Equities involved: Financial Select Sector’s (NYSE:XLF), Citigroup (NYSE:C), Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM), American International (NYSE:AIG), Wells Fargo (NYSE:WFC), Morgan Stanley (NYSE:MS), iShares Silver (NYSE:SLV) may all be involved, as well as, (OTC:FMCC) and Federal National Mortgage (OTC:FNMM) The S&P 500 has become a warzone, having the feeling of a dangerous time indeed for [...]
The emini s&p futures continue to trade in the horizontal phase it has been in for two weeks. This morning we bounced off the 1172 support again and traded up back into the middle of the range. Below is a daily chart of the emini s&p futures where you can see this range with support [...]
The European situation continues to unravel after Ireland got a $113 billion bailout over the weekend. Spain and Portugal are next, with more countries on the horizon. This sent the Dollar spiking higher. A stronger Dollar is bad for the artificial wealth effect that the Federal Reserve has been pushing. Thus the markets are lower. If [...]