freefall51

FAS and FAZ: A Short-Seller's Dream?

I noticed on Friday that FAZ was slightly up while BAC was up big time and WFC was somewhat up. FAZ holding the line does not make sense unless some market participants believe the financials are done soon. BAC is approaching a double top on small volume after the debatable stress test run up on high volume.

Q: So, what is the immediate catalyst for BAC to move higher up?

A: I dont see any.

If BAC does not exceed the recent top next week that could be the signal that financials have run out of steam. Then FAZ is the place to be.

Citi on the Rocks: What's Left to Do? (Roundup)

Cetin , you cannot hide!

Natural Gas ETF (UNG) Activity Catching Up to Oil (USO)

The rollover will cost UNG money, since the Aug and later contracts are more expensive thant the expiring July contract. To make the roll over an argument for the price spike today is counter intuitive.
But then again. Had I always done the opposite of what I found intuitive in the market I would be filthy rich by now and retired.

Is Obama Selling Military Secrets to China for Debt Forgiveness?

Please, somebody tell me this is not true. This is so incredible. But then again it is credible if stacked against the routinely surfacing craziness of this administration. This is why it is newsworthy even if the story was not true. We are in serious trouble.

Jim Cramer Master Class

Hardwood,

since you have obviously some insights, would you mind to elaborate what Jeff Macke really meant to say during his fallout to enlighten a pedestrian mind like mine?

Jeff Macke Implodes on CNBC

It takes real talent and concentration to come up with answers that are so disconnected to the questions. Compliments to Jeff.

Critical Clues from Forex Traders About the U.S. Market Rally

My guess is SKF will be losing tomorrow after SPY put in a triple bottom today at market close. Try FAS, shortterm triple bullish financials.

Will Obama Deliver on His Rhetoric?

You are too respectful.

Deere Gives an 'Eh' Type of Earnings Report

I agree with the short. I find hardly anything to buy right now.

Lennar: Bullish Trading as Citi Upgrades Stock

On loser upgrading another loser.

Baltic Dry Index Signals Commodity Inflation

If the drop in the Baltic Dry Index is (partially) caused by an oversupply of ships that were built in the boom phase, the 2007 spike must be classified like an unrepeatable experiment.

The Federal Reserve Can Not Account for $9 Trillion in Off-Balance Sheet Transactions?

The incompetence of these guys managing the Federal Reserve as represented by this woman and their unwillingness to be held accountable is a threat to the national wellbeing.

One Trillion Dollar Commercial Real Estate Time Bomb Now Ticking

Great analysis. Thanks.

Thoughts on the Current Restructuring of Global Oil Demand

I wonder if somebody won't finally come up with a car that runs on a Stirling motor without a drop of gas. That would be a game changer.

Obamanomics: In beginning to articulate his long-term approach and its ideological underpinnings, the president is putting an early stamp on what promises to be a debate of historic importance. "We cannot rebuild this economy on the same pile of sand."

BO is just taking another pile of sand. Just the usual blah blah.