Subscription Options:

Subscribe via RSS

Get Far Away From USA…Its Collapse Will Be Messy… Globally, Japan Will Be The First One To Fall… This Is The Most Dangerous Time In The Human History… We Are Heading Toward A Historic Global Financial Meltdown!!

GOLD BANK RUN ACCELERATING: First Venezuela, Then Germany, The Netherlands, And Now Switzerland Want Their Gold Back!!

The Start Of A Historic Global Financial Meltdown: US Economy Is Slipping Into Reverse, Europe Goes Back Into Collapse Mode, And Hyperinflation Is Coming To Every “Developed” Country Near You!!

World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ [...]

World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ market crash.” Another, Nouriel Roubini, says “prepare for a perfect storm,” while Bond King Bill Gross sees a “credit supernova” dead ahead.

10 signs Wall Street’s soul sickness grows worse

By Paul B. Farrell, MarketWatch

Yes, the Dow and S&P500 hit new highs. But the rally’s hiding huge risks: “GDP turns negative as U.S. economic recovery stalls,” screams one headline. Another hears a “Ticking Time Bomb.”

World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ market crash.” [...]

Doug Kass & Byron Wien: Stocks Will Hit Their High For The Year By The End Of This Week. S&P 500 Earnings Are Going To Be Down Year Over Year. Too Many People Making Too Much Stuff Out There. … The World Competitive Environment Is Too Intense.

Legendary investor Doug Kass of Seabreeze Partners thinks that by the end of this week, investors will see the top in the S&P 500 for the rest of the year.

 

In his “15 Surprises for 2013,” published today on TheStreet.com, Kass writes:

Once again, the bullish consensus is tightly grouped with the expectation that the S&P 500 will close the year at 1550-1615 (up from 1425 at the close of 2012) and that the 10 year U.S. note [...]

BERNANKE SAYS FED HAS LIMITED ABILITY TO ENSURE LONG-RUN GROWTH

by ZH

Bottom line: nothing now, QE3 now expected to be delivered Sept. 20? or not…

BERNANKE SAYS FED HAS LIMITED ABILITY TO ENSURE LONG-RUN GROWTH
BERNANKE DOESN’T SIGNAL NEW STEPS FOR PROMOTING U.S. GROWTH
BERNANKE SAYS EXTRA DAY TO ALLOW `FULLER DISCUSSION’ OF TOOLS
BERNANKE SAYS FED TO EXTEND SEPT. FOMC MEETING TO TWO DAYS
BERNANKE SAYS FED HAS `RANGE OF TOOLS’ FOR STIMULATING GROWTH
BERNANKE SAYS `FINANCIAL STRESS’ WILL BE A `DRAG’ ON RECOVERY

Readers can [...]

Silver Still Up By A Buck In Holiday

by ZH

Not content with rising by a dollar during all recent regular work days, silver is now up a buck on a holiday. Doesn’t make much sense, but we’ll take it.

And for something actually relevant, below is yesterday’s Gold options reports from FMX Connect, whose calls so far have been spot on.

Summary

June Gold settled at $1503.80 per troy ounce, a gain of $4.90 for the day. [...]

Apple vs. Microsoft by the numbers. Data doesn’t lie — or exaggerate

Computerworld – A little less than a year ago, Wall Street reached a Microsoft vs. Apple milestone: for the first time, Apple’s corporate value surpassed Microsoft’s.

And Apple‘s market cap (the total value of all of its shares) topped Microsoft‘s even though the latter company had more revenue and double the profit margins. Clearly, Wall Street was looking at growth potential, not current income statements and balance [...]

At 60% bullishness, I don’t think anyone is worried these days:

Just when you thought investors couldn’t possibly get more bullish they surprise to the upside.  This morning’s Investor’s Intelligence survey showed a fresh high bullish reading of 58.8%.  This is the highest reading since the second week of October 2007 – just one week shy of the all-time market high of 1565 on the S&P 500.

http://pragcap.com/bullishness-hits-a-fresh-high