• Stocks Looking to Bounce
    See charts in this post for technical level to watch:
    Aug. 3, 2011 SPY
  • Is Gold a Bubble? 14 Charts, the Facts and the Data Suggest Not
    Gold reached new record nominal highs in majors yesterday and remains close to these record highs today and close to record highs in most fiat currencies. Gold surged 4.2% in Australian dollars yesterday – from $1,478 to $1,540 AUD to 1516 AUD. Gold is up nearly 12% in Australian dollars... More »
    Aug. 3, 2011 GLD, SLA
  • 8/3/2011 - THE VULCAN REPORT
    Wednesday, August 3, 20118/3/2011 - THE VULCAN REPORT THE VULCAN REPORTReview of $0$ EUR/USD FOREX  EURO DOLLAR CURRENCY ($EUR/USD SPOT)as of Tuesday, August 02, 2011Today's Price ActionChange   -0.0046 (-0.32%) prices closed lower than they opened. with weak Bids going into the... More »
    Aug. 3, 2011
  • Can more Subjectivity in finance save us from ourselves?
    The objective, the conservative, the hard nosed.  All these labels usually infer opinions of soundness of judgment and critical thinking upon those who bear them. But, what if the subjective is more powerful and often more right than monolithic objective truth? There is a field of... More »
    Aug. 3, 2011
  • Has The Economic Recovery Fizzled Out?
                 There has been a lot of talk about a “double dip” recession again after the dismal GDP results. As QE2 comes to an end, let’s examine where we are and how strong the economy is using three key metrics: GDP... More »
    Aug. 3, 2011
  • EU Leaders Clueless As Borrowing Costs Soars
    Italian and Spanish 10-year bonds dropped in value, while German bunds rose on Tuesday, pushing the difference in costs (yields) to 381 and 397 basis points, respectively – a record high since the euro was introduced 12 years ago.  Yet, top EU leaders still don’t understand... More »
    Aug. 3, 2011
  • How Far Will Stocks Fall?
    New fears about the economy have trumped the debt resolution and the selloff is now on. Here are the critical support levels and potential downside targets to watch for the major stock index ETFs.The anemic market response to the raising of the debt ceiling early Monday was followed by heavy... More »
    Aug. 3, 2011 SPY, DIA, QQQ
  • Fitch Comments on US Debt Agreement – Warns of Downgrade
    Fitch Ratings says in a comment that the US Debt agreement was reached as expected, and that the risk of sovereign default remains extremely low. However, the rating agency points out that the nations debt profile will not be “consistent with retaining its triple-A rating” by the end... More »
    Aug. 3, 2011
  • Is it time to accumulate stocks? Mind Map
    US stocks plunged more than 2% on the day debt ceiling deal was reached (Aug 2, 2011). The stocks are at or near lows for the year. Is it time to start buying?Check out the reasons for buying and not buying at:Is it time to accumulate stocks? Mind MapFeel free to share your thoughts.
    Aug. 3, 2011 SPY, DIA, QQQ
  • New 52 Week High List Shrinks To New Lows
    This morning, there are less and less new 52 week highs on the New York Stock Exchange. When the new 52 week high list shrinks it tells us that the major stock indexes are coming under institutional selling pressure. The stocks that are making new 52 week highs include Clean Harbors... More »
    Aug. 3, 2011 CLH, ROG, AUY