REPRINT FROM Wednesday, May 21, 2008
The bullish impetus’ for the stock market over the past few months have been primarily derived from the Federal Reserve’s “freely lending” measures since bailing out Bear Stearns on March 17. The second impetus for higher stock prices came from the bifurcated Q1 08 earnings season that began April 15 [...]
Entries from May 2008
Stock Market’s Bull Momentum from Bears Stearns Bailout and Q1 08 Earnings at Risk
May 23rd, 2008 · No Comments
Tags: Uncategorized
Hat’s Off to Mister $1.12 ~ New Frontier Energy Inc (NFEI)
May 17th, 2008 · No Comments
The Chimes at Midnight dvd
Six month’s ago, I introduced a small emerging growth stock company to readers, a natural gas producer out of Colorado New Frontier Energy Inc (NFEI Strange Bedfellows dvd ).
The background summary read: “The company is accelerating shareholder value primarily by rapidly building its proven and probable reserves, rapidly increasing production. The [...]
Tags: Uncategorized
“Huff and Puff” Wolves at the Fed Blow Treasuries Over
May 14th, 2008 · No Comments
The news hounds believe that it was Retail Sales (ex-auto) that blew treasuries over today. Pure poppycock, here is look at the breakdown of retail sales y-o-y for April 08.
The problem lies with import prices out today) and producer prices (out next Tuesday). Things cost more and we consume less. It is called stagflation, it’s [...]
Tags: Uncategorized
Good News for Long End of Yield Curve Precedes Quarterly Refunding
May 11th, 2008 · No Comments
Wednesday, May 07, 2008
“Productivity is solid and labor costs are slowing and this will take the pressure off inflation and the Federal Reserve,” said Mark Zandi, chief economist at Moody’s Economy.com following today’s productivity and costs report. Meanwhile, across the Atlantic, retail sales in Europe declined 1.6% in March, providing further anecdotal evidence of the [...]
Tags: Uncategorized
Blog Migration to WordPress
May 1st, 2008 · No Comments
Say Good-bye to Go Daddy, and say Hello to Word Press. Over the past 9 months of blogging, I discovered too many limitations with Go Daddy’s editor. This prompted the migration to WP. Word to the wise, the migration is huge pain in the ass. Had I known then, what I know now, right!
If you [...]
Tags: Uncategorized
Final Rate Cut Causes QQQ's Significant Trouble at a Gann Vibration
May 1st, 2008 · No Comments
The QQQ’s formed an outside down day on the final Fed rate cut. This provided a convenient short term negative signal for the index precisely at the one-third time and 50% price retracement. This is a trade W.D. Gann would have liked to have made yesterday. Short term, we should see a downside reaction at [...]
Tags: Uncategorized
10 Year Treasury Finds the 2007 Year High Supportive on Last Rate Cut
May 1st, 2008 · No Comments
Last year’s high at 11431-115005 proved to be quite supportive for today’s final rate cut, well at least for the time being. Now that the Fed has done all that it can to stave off the recessionary headwinds, it now behooves the treasury markets to take over and cushion the economy from further recessionary headwinds.
Normally, [...]
Tags: Uncategorized
25 Bps : Is That All There Is?
May 1st, 2008 · No Comments
.!.
Reprinted from April 28
The reality of the situation is that the stock market never did like the Fed’s measured 25 bps rate cuts at the beginning of the rate cut cycle. So, I ask, why should the stock market like 25 bps rate cuts towards the end of the rate cut cycle? It shouldn’t.
25 bps [...]
Tags: Uncategorized



