Expect More Short-Covering On Friday Due To Quad-Witching I really can’t post intelligently today. Sometimes you need to back away for more input before just yakking away in a knee-jerk manner. The week ends Friday thankfully. I will only note the following:. Within the VIX (^VIX) chart...

Unbelievable News: Will SEC Temporarily Ban Short-Selling In US ... We are monitoring news that is unfolding as I write this. There are numerous reports circulating tonight of drastic measures the Government may be taking. None of this is confirmed yet and we are waiting for confirmation. ... ...

Thursday’s Market Recap: Dow Up Over 400 Points On News Of US ... A very volatile day for the markets today, ultimately ending on a positive note driven by news that the government may create an entity that will take over banks’ bad debt. Treasury Secretary Henry Paulson is considering...

Market Close - Resolution Trust Corporation: Are You Kidding Me? Maybe the NY AG can have his investigation into that “spreading of false rumors”, starting with Treasury Secretary Paulson and CNBC anchors. An RTC, Resolution Trust Corp., was what they used during the 1980’s Savings and...

The Only People Responsible For Taking These Companies Down Are ... Sometimes I think that the markets and politicians are out of touch with reality, how else do you explain the trotting out of the same old tired “short-selling menace” dead horse, as if the collapse in the share prices...

AIG, Lehman & The Mortgage GSEs: 97.7% Decline In Aggregate Market Cap Interesting little tidbit from the WSJ on AIG (AIG), Lehman and the Mortgage GSEs:. From the WSJ:. In two weeks, the federal government has taken over Fannie Mae, Freddie Mac and American International Group, financial...

Gold’s Stunning Two-Way Reversal If you haven’t been following gold prices lately, there’s something interesting that may grab your attention and is at least worth a second look. First, gold prices skyrocketed 10% Wednesday and then rose by a similar amount Thursday, ... Go to...

Wall Street Whithers, Main Street Teeters Lost in all of the hub-bub this week about the financial collapse has been the data on what is going on in the real economy. You know the one. It’s where people who have jobs actually produce and buy things. ... Go to Full Article

Financial Crisis: Random Observations Who broke the buck? A money market fund, the Reserve Primary Fund, was unable to preserve its $1 price per share. Losses on its portfolio of short-term, safe investments overwhelmed the fund’s earnings. The Wall Street Journal reported ... Go to...

Japanese Yen Dives on Rebound in Carry Trades The Japanese yen plummeted across the majors on Thursday – especially the high-yielding Australian and New Zealand dollars – as carry trades made a comeback. Go to Full Article

Forex Trading: EURUSD has move below technical support on bi ... The EURUSD, like the USDJPY has moved below the 100 hour moving average at the 1.4265 level. The low has been 1.4213 on stops. The target is the 200 hour moving average at 1.4167. Go to Full Article

Forex Trading USDJPY testing resistance USDJPY is testing 200 hour target resistance at the 106.24 level as per the previous post. (CLICK HERE TO REVIEW PREVIOUS POST). Look for a shallow correction. If the pair goes below 105.95, then the trip higher is over. Go to Full Article

Forex News. Bipartisan support to address illiquid assets on the ... No real details as to the program, but the expectation is a plan will be proposed in the next few hours. However, it will take longer to have it pass. Go to Full Article

Emerging Markets Underperform A reader asked me to check on emerging markets and discuss their recent underperformance since the July market bottom. Here, I look at the MSCI Emerging Market Index, and compare it to the EAFA (Europe/Asia/Far East) and the S&P 500. ... Go to Full Article

Robotic Surgery: Meet Intuitive Surgical In 1985 the PUMA 560 was released and was used to place a needle for a brain biopsy using Computed Topography guidance. Many at first were quite skeptical, but it was a very exciting time for the healthcare medical industry. ... Go to Full Article