Now that today’s close is firmly in place, we have a potential game-changer in terms of the technical structure. The monthly chart also shows a major bearish development Let’s look at the current S&P 500 chart closely to see what this means.
S&P 500 Daily:
Not a whole lot has changed on the daily structure, provided you note that today’s price marked a fresh 2008 intraday and closing low at 805 which takes us back to levels not seen at all since 2003.
Price etched out a ‘trend day down’ today which took the form of one of the... Continue Reading
Midweek Dow Index Overview As we near the halfway point in Wednesday’s trading, let’s look at the current Dow Jones Index structure on the daily chart to assess the current technical picture.
Dow Jones Daily:
The 8,100...
Trent Hamm Personal Finance
5 Simple Water Conservation Methods: Do They Save Real Money? One of the most common frugality tactics is to find ways to reduce your water bill. There are many, many ways to do this in your average home, but several tactics seem to pop up time and time...
Lloyd Sakazaki Investor Education
Hedging Is Simple, But Market Timing Is Not What follows is some perspective on the buzz we're hearing about portfolio and fund manager performance in this horrendously painful bear-market year, which most investors would love to forget...
Alex Stanczyk Currency
$700 Billion USD is now Paulson’s Open Checkbook Alex’s Notes: I have read quite a few articles today commenting on the new $700 Billion (revolving) bail out package.
The best explanation/article goes to Chris Martenson
What the latest bailout...
Corey Rosenbloom Stocks
Jerry Yang Steps Down as Yahoo CEO - With Charts CNN News just reported that current Yahoo! CEO Jerry Yang will be stepping down and his replacement will be named soon. Let’s review this news and look at the current and past charts of Yahoo...
Corey Rosenbloom Trading
Midweek SP 500 Overview Now that today’s close is firmly in place, we have a potential game-changer in terms of the technical structure. The monthly chart also shows a major bearish development Let’s look at the...
Tom Konrad Energy
Demand Planning: The Future of Demand Side Management Electric utilities have a process by which they project future expected
demand for electricity, and then find resources, either new electric generation
or energy efficiency (Demand Side Management,...
Jason Slate Alternative Investments
Generate Time Share Income Babyboomers are retiring and beach property is becoming more and more in demand. Timeshares are turning into a better and better way to generate a fantastic income! The smart investors are figuring this out and generating a tremendous amount of money. They know a lot of...
United States
Integro Earthfuels plans first torrefaction plant in the U.S. In a fascinating development, Integro Earthfuels is planning to build its first of ten commercial torrefaction plants in the US. Torrefaction of biomass is one of the most promising bioenergy technologies, because it transforms bulky biomass into a high-quality product that can be readily co-fired with coal, without the need to change anything to a coal plant. Torrefied biomass allows us to 'take over' dirty coal plants, and convert them to entirely green power facilities, without the need to build new infrastructures or dedicated power... Continue Reading
International
Sayonara Sub-Prime Suckers from Andrew Lahde Andrew Lahde the 37y.o. manager of a small California hedge fund, Lahde Capital, made a killing last year betting on the subprime collapse. Last month, he called it quits after the fund had amassed a whopping return of 866% in a little over a year. Tired of the stress, he closed the fund.
On October 17th, Lahde passed along his “goodbye” letter, a biting “F-you” message to the financial establishment, hedge funds, government and privileged “prep” school kids.
It’s really entertaining. Below is the letter in it’s entirety as... Continue Reading
Well they tried... as they say over at Minyanville.com, the cancer just might be larger than the system - this is what seems to be happening. As we wrote...
I wrote in this week's summaryLast, the action in financials is beginning to worsen again - despite all our tax dollars funneled into their back pockets...
Quite an interesting piece from Bob Pisani's (CNBC) "blog" - the vast difference in 2009 estimates for the S&P 500 companies in the "top down" community...
Since everybody has already been talking about the future elections of 2008, some people consulted a different kind of poll: the 2008 election futures markets at Intrade, the Dublin-based online futures exchange.
HOT COUNTRIES TO INVEST
Turkey Turkey is an island of stability in the Muslim world. The country currently enjoys rapid economic growth as well as political stability.
The essence of Russia's economic reform is laid with privatization. This was a very necessary step as it has a direct influence on the amount of foreign direct investment into the country.
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