Author: Andrew Horowitz

Links and Reading for August 26th

Some of the more interesting and important items for August 26th :

500 Internal Server Error – 500 Internal Server Error
U.S. millionaire index turns sharply bearish | Reuters –
FOXBusiness.com – Analyst: Citigroup Is Cooking the Books – No Kidding
Existing Home Sales Horrendous – So, Why Are Housing Stocks...

Read More

Take 2: New Home Sales Awful – Home Builders are Rallying

There was a disconnect yesterday and perhaps it was simply that the homebuilders have been beaten down so much than even bad news can’t hurt them at this point.

What bad news? Well aside for the 27% slide in existing home sales there was another round of economics that...

Read More

TDI Podcast 175: Shorting the Yen and Thoughts From Minyanville

Guest: Kevin DePew, Minyanville discusses a god amount of charting technique as well as direction for various markets and commodities. Silver, Gold, markets and more. Also a closer look at the economics vs. earnings debate.

View the 14-minute Virtual Tour of the TDIMG Strategy

___

Read More

S&P is Cutting Europe Sovereign Ratings: Ireland is First

It was inevitable. There is no possible way possible that austerity mixes with growth. Add that to an severely ailing banking sector that needs constant government support and you get a sovereign downgrade.

Which country is next? Spain, Greece, Portugal, England???
Aug. 24 (Bloomberg) — Bloomberg’s Matt Miller, Dominic Chu and...

Read More