Month: August 2011

Sunday Fun: The Economy is So Bad… How Bad is It?

The economy is so bad that I got a pre-declined credit card in the mail
CEO’s are now playing miniature golf. Exxon-Mobile laid off 25 Congressmen
Angelina Jolie adopted a child from America
Motel Six won’t leave the light on anymore
A picture is now only worth 200 words

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Some Quick Intra-Day Trading Setups – R2000 Short

Here is the skinny: There is a good deal of short-covering today. Of course buyers are excited that the green lights are shining on the board, but let’s also realize that the levels today are simply a return of what was lost yesterday.

With the market consolidating, there may be some...

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GDP Revision Day! – Some Perspective and Estimates in Charts

GDP revision day! Estimates are for 1.1% for the 2nd quarter. Not what anyone would call gang-buster growth.

First a couple of historical charts. As can be seen, the growth for the U.S. is sloping lower.
Components of GDP and Trend

Dispersion of estimates

Summary of estimates


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Links and Reading for August 25th

Some of the more interesting and important items for August 25th :

Bonds Are Most Expensive Since Lehman Collapse Versus Stocks: Japan Credit – Bloomberg – Japanese bonds are the most expensive relative to local shares since the collapse of Lehman Brothers Holdings Inc. amid growing doubts that companies‘ earnings will...

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