Category: Charts/Essays/Reports

Obama’s Big Sellout The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway by Matt Taibbi, Rolling Stones

by Tom McClellan of www.msoscillator.com For the fiscal year that ended in September, the US government’s total federal debt grew by $1.88 trillion to $11.9 trillion. For perspective, that total debt equates to $38,663 per person for every man, woman, and child currently living in the U.S., and it does not include unfunded liabilities like […]

Stating the Obvious: Why the Stock Market Should Crash by Charles Smith of oftwominds.com The trillions squandered on “stabilization” is not leading to “recovery” of the real economy; it is only life support keeping a sick economy from imploding. The stock market rally rests on rapidly crumbling sand. I’m not saying the stock market will […]

Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQQ and IWM to see if they hint at movement the rest of the week (this was written during the day Monday, so it uses data from over the weekend). Here’s the theory: the market conspires to cause the most […]

I’ve been giving some thought to the divergence between the small and large caps and how it may or may not relate to whether the economy is or is not improving. Here are my thoughts…

There are some who say going long and going short are equal and opposite. In fact some say if you have a hard time doing one or the other, flip the chart upside down. I disagree. To me they are very different, so here’s a quick write up with my views. This isn’t THE difference […]

In addition to all the warnings I posted over the weekend (small caps underperforming, Russell underperforming, key levels on index charts, weak market after good earnings), here’s another one I’ve watched from a distance over the years and was reminded of it this past weekend. The movement of GE vs. the overall market works much […]

For the first time in a long time our bias switched to the downside this past weekend. We posted two new short set ups, but since it was earnings season and we didn’t want to attempt picking a needle out of a haystack, we mostly played the inverse ETFs. Here are the bearish plays we […]

A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits by Matt Taibbi, from Rolling Stones Issue 1089 – October 15, 2009

The market trend has been up, so of course our focus has been on the long side. Here are several set ups that recently hit our targets (we’re still in several others and have others yet that haven’t broken out). …