Fancy Footwork And Confirmation Bias
Yesterday I wrote about sources that simply dropped an indicator when it no longer fit the pre-conceived thesis. Sometimes it is even more blatant dramatic. Some sources simply engage in fancy …
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Isn’t It Ironic: Mt.Gox Hacker Demands Ransom From Exchange Users To Not Reveal Their Personal Data
The bankruptcy of the once largest Bitcoin exchange may be history, but now the real drama begins. First, over the weekend, allegations surfaced that not the whole truth may have …
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How The Fed Has Failed America, Part 2
The only way to eliminate the financial parasites is to stop subsidizing their skimming and scamming, and the only way to stop subsidizing the financial parasites is to shut down …
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Daily Market Commentary: Selling Intensifies
After a series of relatively tight trading days, today opened up with a clear swing to sellers. Volume climbed to register distribution, but markets are really feeling for support following …
Read More NFIB: String Of Improvements End
In the last review of the National Federation of Independent Businesses survey, I discussed the overall subdued levels of optimism by small business owners. “The December report showed that small business optimism …
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Copper Limit Down In Shanghai; Falls To Lowest Since July 2009
Following a triumvirate of macro misses from AsiaPac (South Korea unemployment surged, Aussie confidence plunged, and Japanese inflation tumbled), the credit concerns running riot through the collateral underlying China’s shadow banking system …
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SP 500 And NDX Futures Daily Charts – Seems Almost Like The Summer Doldrums
As Jesse Livermore once said, ‘Never short a dull market.’ And this market is dullsville. If something sets it rolling downhill, it could go some way before it hits anything …
Read More Are Investors Wishing Upon Their Stars?
Morningstar’s (MORN: $82/share) ETF and mutual fund ratings have been the go-to standard in the fund industry for decades now, and the company does an impressive job of providing research …
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China Credit Wobbles Is A Worry
 China credit issues are about to jump from the back page of the WSJ to the front page, you can expect these charts to change as the Chinese credit …
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Yen Breaks 103, Sends Stocks Reeling
It’s all about the fun-durr-mentals…Â but, just in case you don’t believe that, this morning’s angst over copper financing and China credit concerns has sparked notable carry unwinds (USDJPY below 103 …
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