Thu, 02 Jul 2009 17:29:43 -0500 http://www.marketoracle.co.uk/ Financial Markets Forecasting & Analysis Website en-gb http://www.marketoracle.co.uk/images/logo.gif http://www.marketoracle.co.uk/ site_admin@marketoracle.co.uk http://www.marketoracle.co.uk/Article11758.html Introduction: The inflation / deflation debate in the US is still alive and well. In deflation camp, there is the rising star du-jour Nouriel Roubini and old timer Robert Prechter. They argue the debt collapse would cause price deflation and depress world economies for years to come. The inflation camp includes Jim Rogers and Marc Faber, who said on May 27 2009 that "I am 100 percent sure that the U.S. will go into hyperinflation " Thu, 02 Jul 2009 17:29:43 -0500 http://www.marketoracle.co.uk/Article11757.html To profit from Sector Dead-Cat Bounces one must first determine which Sectors do not Dead-Cat Bounce. Thu, 02 Jul 2009 17:17:17 -0500 http://www.marketoracle.co.uk/Article11756.html Last time we discussed the concept of valuation for some different types of investments and the formation of themes that can be used to help zero in on potential areas for focus.  This week we’ll take a look at some ways of breaking down industries and sectors, sizing companies, then connecting the dots between economic themes and investment needs. Thu, 02 Jul 2009 17:01:29 -0500 http://www.marketoracle.co.uk/Article11755.html This morning, the Bureau of Labor Statistics (BLS) released the June Employment Report. Thu, 02 Jul 2009 16:43:12 -0500 http://www.marketoracle.co.uk/Article11754.html Capital Gains on Gold are punitively taxed at a higher rate than stocks or other investment capital gains, as they are treated as "collectibles." This is yet another way the government discourages Gold ownership and forces people to accept their intrinsically worthless paper tickets. Forcing people into the fiat casino so that they can be stripped of the fruits of their labor is the heart of what Gold Versus Paper is against. Thu, 02 Jul 2009 16:24:54 -0500 http://www.marketoracle.co.uk/Article11753.html At the present, governments around the globe are printing money as if there were no tomorrow in order to try and prevent debt-laden banks from going under and trying to stimulate the fractional reserve banking system. The past 20 years of economic growth has been based on a “Pay it Forward” basis…someone gets a new couch or car and ends up paying for it over a defined period of time. The expansion of credit in turn allowed for false consumption because most people never really had the money in hand. Thu, 02 Jul 2009 13:01:02 -0500 http://www.marketoracle.co.uk/Article11752.html “I’m not so much interested in the return on my money as I am the return of my capital." -Will Rogers Thu, 02 Jul 2009 12:34:41 -0500 http://www.marketoracle.co.uk/Article11751.html Ron Rowland writes: You’ve probably heard about leveraged ETFs: Funds designed to deliver twice or even three times the return of their benchmarks. Just last week, ProShares launched the first triple-leveraged ETFs tied to the S&P 500 index. ProShares UltraPro S&P 500 (UPRO) is a 3x ETF for bulls, while ProShares UltraPro Bear S&P 500 (SPXU) is a 3x leveraged inverse ETF. Thu, 02 Jul 2009 09:19:21 -0500 http://www.marketoracle.co.uk/Article11750.html This issue combines a feature on seasonality with our outlook. With the rally progressing into the July 4th holiday, what will happen next? Thu, 02 Jul 2009 09:09:44 -0500 http://www.marketoracle.co.uk/Article11749.html Gold: China has requested that a new global currency be discussed at next week's Group of Eight meeting in Italy. The news sent the dollar into a downward spiral and the price of gold rallied above $940, confirming its status as a currency hedge. Thu, 02 Jul 2009 07:59:53 -0500 http://www.marketoracle.co.uk/Article11748.html Practically everyone in the gold community has mentioned the inverse head and shoulders pattern on the gold chart and the corresponding $1,300 target. The target is correct but the interpretation of the pattern is not entirely correct. That target comes from the pattern being a reversal pattern but in the current case of Gold it is not a reversal pattern. There is no downtrend it is reversing from. However, the pattern can actually function as a continuation pattern as John Murphy explains in his book, Technical Analysis of the Financial Markets: Thu, 02 Jul 2009 07:54:46 -0500 http://www.marketoracle.co.uk/Article11747.html THE PRICE OF GOLD slumped into the New York opening once again on Thursday, dropping sharply from above $940 for the second time in two days as the Dollar rallied and stock markets fell on worse-than-expected US  jobless data. Thu, 02 Jul 2009 07:31:16 -0500 http://www.marketoracle.co.uk/Article11746.html Though chess does stand second to the DJIA in the title of the present article, let’s start with some thoughts about chess; after all, as it has now become a known fact, there is chaos in order, so the first place of the DJIA in the current title shouldn’t mean at all that it would be more important than chess with regards to the “idiotic robots”. Thu, 02 Jul 2009 05:46:10 -0500 http://www.marketoracle.co.uk/Article11745.html Over the last 12 months, the USD and now US equities, have formed bearish upward wedge formations on the charts. Upward wedges are usually well defined patterns showing weakening upward momentum, hence the shape. These patterns are known to be very common in stocks during bear markets and were especially so during the period 1929 to 1932. Thu, 02 Jul 2009 05:34:48 -0500 http://www.marketoracle.co.uk/Article11744.html Despite the weakish US mortgage applications, ADP jobs and ISM numbers, it looks like your friendly fund manager is front running the perma-bull, expected 2nd half recovery green shoots story. He also went pilling into stocks at the off yesterday running the Dow up 133 points. Food stocks were the big winners with Kraft up 5% and General Mills raising its 2010 guidance. However stocks failed to maintain their upward momentum and pared their gains in low volume trading, following decidedly downbeat comments from GM (government motors) about creditor payments, weakness in financials and disappointing auto sales. Add to this too, the Governator I.O.U of California declaring a state of “fiscal emergency” put the pressure on. Thu, 02 Jul 2009 05:08:47 -0500 http://www.marketoracle.co.uk/Article11743.html A recovery from the worldwide economic slump will occur in East Asia only after it has begun in the United States, the Singapore ambassador to the U.S. said Tuesday. Thu, 02 Jul 2009 03:33:43 -0500 http://www.marketoracle.co.uk/Article11742.html Gold ! The ancient metal of kings. A lot has been written and discussed lately about gold's ability and inability to go parabolic and move past the 1000 USD barrier. There are fundamentally based discussions about effects of quantitative easing, the monetary basis, M3, the prospect of hyper-inflation vs. deflation, derivatives, artificial gold price suppression, Commitment of Traders reports.  Thu, 02 Jul 2009 02:51:21 -0500 http://www.marketoracle.co.uk/Article11740.html Sector timing commodities - Being able to trade different sectors is crucial for making a living in today’s financial markets. One sector that cannot be over looked is the commodity sector. Thu, 02 Jul 2009 02:08:22 -0500 http://www.marketoracle.co.uk/Article11739.html Tony Sagami writes: The World Bank is a global financial institution that makes loans to developing countries for the stated purpose of reducing poverty. It provides low-interest loans and interest-free grants for investments in education, health, public administration, infrastructure, financial and private-sector development, agriculture, and environmental and natural-resource management. Thu, 02 Jul 2009 01:38:22 -0500 http://www.marketoracle.co.uk/Article11738.html S&P 500 has rallied over 40% in the last 3 months. It takes over 5 years under "normal" circumstances for such a rally to occur. But again, folks will say, it takes as many years for 50% downside as well. So, i will rest this discussion at peace. Thu, 02 Jul 2009 01:33:41 -0500 http://www.marketoracle.co.uk/Article11737.html Claus Vogt  writes: The Baltic Dry Index, which measures the freight rates for dry cargo traveling by ship, hit an all time high of 11,793 on May 5, 2008. Then it plunged to 663 on December 5, a decline of 94.4 percent. It was as if trade was coming to a standstill. However, freight rates soon started to recover … Thu, 02 Jul 2009 01:27:12 -0500 http://www.marketoracle.co.uk/Article11736.html Bill Bonner writes: Poor Bernie. The man has been ordered to spend 150 years in the hoosegow. What for? Who did he kill? A century and a half seems a little excessive for a financial crime. You could hold up three liquor stores and rape a whole convent and still not get 150 years. With a little bit of good lawyer-ing, a history of child abuse in the family, and good behavior in the big house, you’d be back on the street in 18 months. Thu, 02 Jul 2009 01:18:14 -0500 http://www.marketoracle.co.uk/Article11735.html Silver investors over the last seven years have been on a rollercoaster ride as silver has bucked like a bronco to move between various price extremes with a rapidity not often seen in other asset classes. Thu, 02 Jul 2009 01:11:39 -0500 http://www.marketoracle.co.uk/Article11734.html Danny Schechter writes: As Independence Day approaches, the question of the day remains—how Independent are we? Our Declaration signed on a July 4th declared us so to be. And, dutifully, generations of Americans have believed we were and always would be. The late Michel Jackson even had us singing and thinking “We Are The World.” Thu, 02 Jul 2009 01:06:42 -0500 http://www.marketoracle.co.uk/Article11733.html The 30year T-Bond (ZB September 09) is in an uptrend since it traded above the green resistance line for 2 consecutive bars. However, ZB could be in the process of turning down again after having made an a-b-c correction off its recent lows. A confirmation for this assumption would be visible if and when ZB U9 trades below the red line of the 180 minute chart - preferably for two consecutive bars. The red sell-line is currently at 116'21. Thu, 02 Jul 2009 01:02:01 -0500