Content
Wall Street Sentiment At Contrarian Buy Point Now
Article By:
Moby Waller
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Friday, June 6, 2014 9:35 AM EDT
Strategists are Wall Street's version of The Oracle: Investors consult these professionals for clues about the market's future. But one brave Bank of America strategist is saying investors are best served doing exactly the opposite of what the majority of these strategists recommend.
Jabberwocky! The Dragon Lays An Egg…
Article By:
Acting Man
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Friday, June 6, 2014 9:28 AM EDT
Mario Draghi's surname is in fact the Italian word for dragon. Apparently the Dragon (whom we refer to as Jabberwocky, in line with the Monthy Python association) has laid precisely the kind of egg he was widely expected to lay. The ECB has “given birth to a 'mini-NIRP.'”
Stocks Pop But Bond Yields Drop On Jobs Data
Article By:
Tyler Durden
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Friday, June 6, 2014 9:12 AM EDT
With today being a non-POMO day, we suspect the spike in stocks following what was by all counts a mediocre jobs print will not last. Bond yields spiked and are now 2bps lower... Welcome to the new normal.
Non-Farm Friday – Who Needs To Work When The Market Makes 30%?
Article By:
Phil Davis
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Friday, June 6, 2014 9:05 AM EDT
As more and more of our jobs are taken over by machines – why are we still hung up on working? What we need in America is for our vast consuming class to go pro – to demand to be paid to shop and cut out the middle man - ads.
In this article: SPY
Verizon Sends Netflix A Cease-and-Desist Over Streaming Warnings
Article By:
Shelly Palmer
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Friday, June 6, 2014 8:49 AM EDT
Verizon has sent Netflix a cease and desist order demanding that it stop presenting its subscribers with messages that blame Verizon's network for poor streaming performance.
Another Day, Another Bad Incentive Deal
Article By:
Angry Bear
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Friday, June 6, 2014 7:48 AM EDT
A new copper tubing manufacturing facility is opening in one of the nation’s poorest counties. This is clearly a place where we should consider using investment incentives, but the sheer size of the subsidy relative to the investmen(known as “aid intensity”) makes this just another bad deal.
Daily Market Commentary: Shorts Crushed
Article By:
Declan Fallon
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Friday, June 6, 2014 5:58 AM EDT
A tough day for any shorts in the market. The Nasdaq blew away the right shoulder of the bearish head-and-shoulder pattern. It hasn't completely negated the pattern - a break of the head high is required for this - but it's a big step in the right direction.
Chart Of The Day - Endora
Article By:
Jim Van Meerten
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Friday, June 6, 2014 3:01 AM EDT
EDN is the largest electricity distribution company in Argentina in terms of number of customers and electricity sold (both in GWh and Pesos). Since the Trend Spotter signaled a buy on 6/3 the stock gained 5.60%
In this article: EDN
The Gold Conspiracy
Video By:
Tyler Durden
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Thursday, June 5, 2014 9:47 PM EDT
Gold. It is one of the most precious metals in the world. A glittering commodity so rare that people will go to great lengths to obtain it.
SP 500 And NDX Futures Daily Charts - Wages, Wages, Wages
Article By:
Jesse's Cafe Americain
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Thursday, June 5, 2014 8:23 PM EDT
Tough call but I would like to think that similarly to GDP if Washington has any bad news to get out they are going to do it now, rather than closer to the mid-term elections.
Oil Prices: Smart Money Skeptical At $103 Per Barrel
Article By:
John Kosar, CMT
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Thursday, June 5, 2014 7:13 PM EDT
The chart below shows that Commercial Hedgers are currently hovering near a record net short (bearish) extreme of 445,492 crude oil contracts while the trend following Large Speculators are coincidentally holding a near record net long (bullish) position of 423,136 contracts
The Gift Of Fitness
Article By:
Dr. Paul Price
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Thursday, June 5, 2014 5:01 PM EDT
An Unexpected Plunge Provided Opportunity
The Rich Get Richest: Household Net Worth Rises To All Time High Courtesy Of $67 Trillion In Financial Assets
Article By:
Tyler Durden
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Thursday, June 5, 2014 4:20 PM EDT
The proceeds go to the mega rich: of the $81.8 trillion in net worth, 70.4% of the total amount or $67.2 trillion, was in financial assets: the highest it has ever been courtesy of just one person: Bernanke.
Indexes - First Week Of June
Article By:
Anthony De Vito
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Thursday, June 5, 2014 1:27 PM EDT
Chart analysis of the indexes for the first week of June 2014
Cycle Counts For US Dollar
Article By:
Jeff Pierce
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Thursday, June 5, 2014 12:00 PM EDT
Mario Draghi and the ECB will announce their policy response this week to what has become a rapidly slowing inflation outlook.