Monthly Archives: January 2011

Why Apple Rocks and Is Rocking Today…

Posted on January 24, 2011 by macromon

Apple is bouncing back nicely today after some real panic selling at Friday’s close.  We thought there would be some follow through selling creating a nice gift to pick up the stock on the cheap.  We were wrong. The stock, … Continue reading →

Posted in Apple, Equities | Tagged , | 1 Comment

Why Los Angeles Doesn’t Have An NFL Football Team

Posted on January 23, 2011 by macromon

We grew up in Los Angeles watching our beloved Rams, who fled for St. Louis in 1994.  The city was also temporary home for the  Oakland Raiders from 1982-94 as the Rams played their home games in Anaheim for almost … Continue reading →

Posted in Economics, General Interest | Tagged , , | 1 Comment

Confessions of a Rare Earth Day Trader – FP

Posted on January 23, 2011 by macromon

Interesting piece in Foreign Policy titled,  I Was a Rare Earths Day Trader.   More interesting, however, is the subtitle, How a naval confrontation in the South China Sea created a global investment bubble — and cost me half my life … Continue reading →

Posted in Commodities, Rare Earth Elements | Tagged , , | Leave a comment

The Week in Review: BRICs to FRICs?

Posted on January 22, 2011 by macromon

Vive la France! Who would of “thunk” it? The French CAC outperforming India by 13 percent in the first three weeks of the year? Will Goldie’s Jim O’Neill now replace Brazil with France in the BRIC countries and rename the … Continue reading →

Posted in Budget Deficit, Charts, China, Crude Oil, Economics, Equities, Gold, Monetary Policy, Sovereign Debt, Week in Review | Tagged , , , , , | Leave a comment

The Divergence to Keep on Your Radar

Posted on January 21, 2011 by macromon

Just looking at the the Dow, which was up 0.72 percent,  it wasn’t a bad week.   Look again! Mr. Market inflicted some heavy pain this shortened trading week and we’re feeling some of it.  We’ll discuss  in more detail … Continue reading →

Posted in Equities | Tagged , , , | 3 Comments

Charts from the Google Conference Call

Posted on January 20, 2011 by macromon
Posted in Earnings, Equities | Tagged | Leave a comment

Monetarism Redefined: Crude, Fine Wine & Gold

Posted on January 20, 2011 by macromon

“Inflation is Always and Everywhere a Monetary Phenomenon” – Milton Freidman Monetarism as a theory, which states that the variation in the money supply has major influences on national output in the short run and the price level over longer … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, Budget Deficit, Charts, China, Commodities, Credit, Crude Oil, Currency, Economics, Monetary Policy | Tagged , , , | 3 Comments

Macro Notes from the Goldman Conference Call

Posted on January 19, 2011 by macromon

Here are what we believe were money quotes from Goldie ‘s earnings call.  All about the lack of client conviction. The take-away quote: There is no question, having all of that liquidity is a drag on our return. As you … Continue reading →

Posted in Earnings, Equities | Tagged , | Leave a comment

Specs Fuel “Bizarro” World of Live Cattle Futures

Posted on January 19, 2011 by macromon

After reaching a high of $112.375 – the highest for a closest-to-expiration contract since CME launched cattle futures in 1964 – February live cattle futures fell today to the equivalent of $108.80 per hundred points. The price hit a previous … Continue reading →

Posted in Commodities, Monetary Policy, Policy, Politics | Tagged , | 4 Comments

S&P500 Breaks Hitting Streak, Jimmy Rollins Safe…

Posted on January 19, 2011 by macromon

The S&P500 broke its streak of 37 consecutive days without a one percent correction, just barely, however, falling 1.01 percent.  Jimmy Rollins can sleep easier tonight.  The NASDAQ was down 1.46 percent. So what’s next?  If history is indicative of … Continue reading →

Posted in Charts, Commodities, Equities | Tagged | 1 Comment