OzRant for Thursday, July 30th
All Ords posts solid 1.13% gain; volume above average and breadth favours the gainers by 2.3:1: sector indices mixed. There is obviously a bunch of folks out there who just want the party to continue – but everyone with more than half a brain is either out or short. With the latest 5-year note auction [...]
NonRant: The Global Rout of CNBC and BubbleVision…
So anyway… I spent half of today making sure that all the old posts are properly tagged and categorised, so that – for example – if someone wants to check out every post in which I mentioned shorting US long bonds, or how Kirk Kerkorian was a retarded numbnuts for buying a slug of GM [...]
ExtraRant: Everyone’s On One Side…
Me again… I thought I’d mak a whole new thing rather than amend the USRant. I already amended todays USRant once – deleting and replacing the entire thing since the Economic Data part did not update due to a single quotation mark in one of the text data fields (which stuffed up the insert into a data [...]
USRant for Monday, July 13th
I‘ve written before about Meredith Whitney – the former banking analyst for Oppenheimer (‘former’ because she has started her own firm). Her SELL call on banks in 2007 was as prescient as the call to sell semiconductors by Jonathan Joseph back in 2000 (for which he was absolutely pilloried). Well, at the risk of raising [...]
USRant: d2X/dt2 Didn’t Cut it…
A dead-cat bounce in some regions within the Case Shiller Home Prices Index (which dipped again, but not by much) failed to lift equity markets despite the incessant babble on the CNBC-Bloomberg Axis of Propaganda. Consumer confidence was weaker than expected, chain store sales were soft, and journalists had to invoke second-derivative (’slowing rate [...]
