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Wednesday, September 17, 2008

Comrade Bernanke and the Socialist Republic of the United States / Stock-Markets / Nationalization

By: Peter_Schiff

By nationalizing nearly 80% of AIG for $85 billion, the Fed is doing a lot more than simply flushing taxpayer money down the toilet.  The greater wrong is allowing the agency that has the power to print money to take control of a private enterprise, especially without the approval of the company's shareholders.  The move represents the largest lurch toward socialism that this country has ever seen, and signals the end of the vibrancy of America's once vaunted free market economy.  Since there is no limit to the amount of money the Fed can create, there is no limit to the number of assets they can acquire.

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Wednesday, September 17, 2008

Financial Markets Fear and Uncertainty Remain After AIG Bailout / Stock-Markets / Credit Crisis 2008

By: Chris_Ciovacco

"The U.S. government seized control of American International Group Inc. -- one of the world's biggest insurers -- in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system. The step marks a dramatic turnabout for the federal government, which had been strongly resisting overtures from AIG for an emergency loan or some intervention that would prevent the insurer from falling into bankruptcy. Just last weekend, the government essentially pulled the plug on Lehman Brothers Holdings Inc., allowing the big investment bank to go under instead of giving it financial support." Wall Street Journal, 9/16/2008

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Wednesday, September 17, 2008

Paulson- Don't Worry, The Banking System Is Sound / Stock-Markets / Credit Crisis 2008

By: Mike_Shedlock

Dateline July 21, 2008
Paulson: U.S. Banking System Fundamentally Sound
"Our banking system is a safe and a sound one."

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Wednesday, September 17, 2008

Investing in Credit Chaos, the Financial Storm is Here / Stock-Markets / Credit Crisis 2008

By: Darryl_R_Schoon

All the Swans Are BLACK

Saturdays and Sundays
Used to be fun
Weekends were holidays
Perhaps time in the sun

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Tuesday, September 16, 2008

Nasdaq Q's Signaling Technical Bottom / Stock-Markets / US Stock Markets

By: Mike_Paulenoff

In a "normal" market environment, if the Q's exhibited the current technical set-up that shows a glaring positive momentum divergence, the form of a completed downleg from the 8/15 high at 48.57 into the AM's low at 41.41, and a rally (today) that has subdivided into what I interpret as a bullish "recovery form," I would be very enticed to enter a new long position. In fact, our model portfolio is long based on the explained technical set-up. HOWEVER, we all know that this is not a normal market.

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Tuesday, September 16, 2008

Stock Markets Comparison Against the 1930's Depression / Stock-Markets / US Stock Markets

By: Captain_Hook

Analog Comparisons - The term analog is rooted in the word analogy , which for our purposes is being used with reference to an analog signal measuring a variable signal that is continuous (similar) in amplitude and time. In terms of analyzing the financial markets, and how price movements have a tendency to repeat in terms of pattern (amplitude) and time, it is this understanding that was the primary precept in the work of W. D. Gann , which to this day remains THE comprehensive / definitive template to unlocking the mystery of how markets work. The primary understanding then, is that price movements in markets have a tendency to repeat in pattern and time.

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Tuesday, September 16, 2008

Wall Street is Screaming BUY Emerging Market Stocks / Stock-Markets / Emerging Markets

By: Money_and_Markets

Tony Sagami writes: Wow — talk about a disaster. Bad news at AIG, Lehman, and throughout the financial sector led to a world-class pummeling on Wall Street. The Dow lost more than 504 points, while the S&P 500 dropped more than 4.6%, the worst single-day decline since right after the 9/11 terrorist attacks.

Definitely stay tuned to Money and Markets for more updates on where we're going next.

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Tuesday, September 16, 2008

Financial and Credit Markets Seizure / Stock-Markets / Credit Crisis 2008

By: Mike_Shedlock

Distrust between banks is growing. They are all wondering "who's next". Fear of an AIG implosion is on everyone's mind. But what to do about it? See The Crime In Buying AIG Time for some non-solutions that will put Life insurance policies, retirement annuities, and the like at risk just so AIG can make good on a bunch of derivative bets gone bad.

LIBOR Soars Amid Global Credit Seizure

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Tuesday, September 16, 2008

The Death of Wall Street- Protect Yourself from the Banks / Stock-Markets / Credit Crisis 2008

By: Mike_Stathis

Searching for Sanity
Wall Street's business model is broken. The high stakes game of Russian Roulette which Wall Street never seemed to lose, is taking them down one by one. Commercial banks aren't in much better shape either. In fact, the business model of the entire financial system is broken. And the pain is only going to get worse.

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Tuesday, September 16, 2008

Stocks Bear Market Risk and Gold Bottoming / Stock-Markets / Stocks Bear Market

By: Mike_Paulenoff

Tuesday likely will be another pivotal day for equities, with Goldman Sachs earnings due out before the opening bell, and at 2:15 PM ET, the FOMC decision. Some people already are calling for a rate cut of 50 bps (to 1.50%) in order, I suspect, to allay investor fears in the aftermath of the Fed refusing to throw more money at companies with ugly balance sheets and bad debts.

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Monday, September 15, 2008

Credit Crisis Developments Explained - China Cut Short-Term Interest Rates / Stock-Markets / Credit Crisis 2008

By: Fredrick_William

There appears to be a good deal of opacity in what the Fed has said on Sunday regarding a broadening of the collateral it is willing to hold on short-term emergency loans to primary dealers. The exotic financial instruments created this week-end by the Fed are very difficult to price. The effects are less contained than in the past and they are larger given that they emanate from the subprime crisis and directly affect the net worth of households.

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Monday, September 15, 2008

Lehman's Bankruptcy the Ultimate Wall Street Derivatives Defaults Nightmare / Stock-Markets / Credit Crisis 2008

By: Money_and_Markets

Martin D. Weiss writes: In the wake of Lehman's demise, Fed Chairman Bernanke and Treasury Secretary Paulson will try to put out the word that it's no great trauma.

But it's a lie and they know it. If they openly admitted that the Lehman collapse will paralyze Wall Street, torpedo the stock market and sink the economy, they'd have to pony up $100 billion or more to support it. Instead, their agenda was to push big banks to put up the money. And they failed to do so.

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Monday, September 15, 2008

The Death of Wall Street -Part 1 / Stock-Markets / Financial Crash

By: Mike_Stathis

Although not yet official, the verdict is on the way. Bear Stearns led the death march a few months ago. Now, Lehman's bankruptcy filing signals the halfway mark of what will end up being the death of Wall Street. Now Goldman Sachs stands alone as the sole remaining true Wall Street firm.

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Monday, September 15, 2008

Stock Markets Fizzle Out After Freddie and Fannie Bailout Rally / Stock-Markets / Global Stock Markets

By: Regent_Markets

A week that showed so much promise ended up being a huge let down. A lot of ink was spent on the take over of Freddie Mac and Fannie Mae by the US government, and it allowed equity markets around the world to open the first trading day up 3%. This sadly didn't last, as traders realized quickly that this take over was akin to putting a band-aid over a third degree burn; it was not a long term solution

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Sunday, September 14, 2008

Bailouts Killing Free Market Capitalism / Stock-Markets / Government Intervention

By: Money_and_Markets

Back on August 1, I asked the question: "When is enough, enough?" I wrote:

It seems like every week we get another borrower bailout initiative.

Or another multi-billion dollar package of legislation.

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Sunday, September 14, 2008

Stock Markets Close to Making an Intermediate Low / Stock-Markets / US Stock Markets

By: Mike_Burk

The good news is: We are close to an intermediate term low.

Short Term The market is overbought. The chart below covers the past 3 months showing the S&P 500 (SPX) in red and an indicator showing the percentage of the last 3 days that have been up (%UP) in black. Dashed vertical lines have been drawn on the 1st trading day of each month.

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Saturday, September 13, 2008

Definitive Guide to Financial Markets Trading  / Stock-Markets / Financial Markets

By: Joseph_Russo

The Ultimate in Tactical Price Forecasting – Bar None When it comes to strategically trading broad market equity indices profitably, there is simply no match for Elliott Wave Technology's Near Term Outlook . We respectfully challenge any short-term advisory or software generated algorithms to improve upon or better optimize the efficiency of tactical trading dynamics we dispatch daily for the Dow, S&P, or NDX.

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Saturday, September 13, 2008

Banana Backed Securities Turning United States into a Banana Republic / Stock-Markets / US Economy

By: David_Petch

Imagine if you will the US government finally after nearly 50 years opened the vaults of Fort Knox for an inventory of gold by an "External Auditor". There have been claims by the folks of the US Government of audits as recent as one year ago…there are a number of thoughts regarding IF there is in fact any gold present in Fort Knox. This article is not intended to debate the above thought, but to metaphorically "think" what they truly would find within the vaults of Fort Knox. My thoughts are that opening the vault of Fort Knox as above would result in seeing it filled with bananas…quite a contrast to the expected yellow objects "thought" to be contained behind tonnes of steel.

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Saturday, September 13, 2008

Bailout Lemmings Getting Ready to Jump Over the Cliff / Stock-Markets / Financial Markets

By: Anthony_Cherniawski

Now that Fannie Mae and Freddie Mac are placed under conservatorship, you would think that the politicians would step away from that mess and let things settle down. Instead, the U.S. Senate Banking Committee members urged Fannie Mae and Freddie Mac , the mortgage companies placed under federal control this week, to freeze foreclosures on loans in their portfolios for at least 90 days.

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Friday, September 12, 2008

Proxy Short Position in S&P 500 Stock Market Index / Stock-Markets / Stocks Bear Market

By: Peter_Schiff

There are so many crosscurrents in the markets right now that I really don't trust much if any sector on the long side. With that in mind, and in view of the multitude of uncertainties we are faced with, our model portfolio will remain in our proxy short S&P 500 position via the long side of the Short S&P 500 Proshares ETF (AMEX: SH). Let's notice the cluster of critical support represented by the rising 20 and 50 day moving averages, as well as from the September up trendline -- all in the vicinity of 69.00-68.60. Unless that area is violated, we need to maintain a proxy short position.

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