CautiousInvestor

Thursday Outlook: Commodities, Global Markets

Boy yesterday was a trip...........and it was either programmed trading or the Boyz.

The cozy realtionship between the administration and the Boyz or Plummet Protection Force may become strained as Timmy wants to place hedge funds and private equity groups under federal supervision to better control financial risk and derivatives trading.

The administration’s framework would make it mandatory for large hedge funds, private-equity firms and venture-capital funds to register with the Securities and Exchange Commission, subjecting them to new disclosure requirements and inspections by the agency’s staff.

Wednesday Outlook: Commodities, Global Markets

Thanks David

The indicators I read are somewhat mixed with the exception of what you point out and slow stochastics, which is higher than this past January and signaling a change of direction.

Overall, other chartists and technicians expect a choppy consolidation with some saying there is room for several more days of gains.

I'm glad Treasury is targeting the root problem but worry about bank solvency and the scale of the effort compared to legacy asset levels. Not knowing what potholes we might hit, it would be easy to get ahead of ourselves.

Thursday Outlook: Commodities, Emerging Markets

The markets are eerily quiet and I think they are looking for a reason to go lower. The only possible catalyst I see today is new unemployment claims.