Monthly Archives: September 2011

Chart of the Day: The World’s Largest Employers

Posted on September 14, 2011 by macromon

Great graphic from the Economist.  Note that 7 of the 10 are government-run.  Amazing WalMart employs almost as many as the People’s Liberation Army.   Gives new meaning to the “Human Wave Theory.” (click here if graphic is not observable)

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Buying the Moody Blues…

Posted on September 14, 2011 by macromon

Classic sell the rumor, buy the fact trading action.  Within an hour after Moody’s downgrade of the French banks almost all the major global equity indices have turned up.   S&P futures were down almost 16 points and are now down … Continue reading →

Posted in Black Swan Watch, Global Stock Performance, Global Trend Indicators, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Europeans spooked by spectre of Greek default – Euronews

Posted on September 13, 2011 by macromon

(click here if video is not observable)

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Apple in Bullish Pennant Fight

Posted on September 13, 2011 by macromon

We ask once again, “Will Apple Win the Pennant.”   Note the stock’s  bullish pennant formation and that it has been holding and now clear of its 50-day moving average.   Lots of bullish chatter today from Julian Robertson saying the valuation … Continue reading →

Posted in Apple | Tagged , | 5 Comments

The Current State of the Market in a Sea of Volatility

Posted on September 13, 2011 by macromon

The picture below really captures the volatility of the current market and how traders must remain detached like the Coast Guard cutter closely monitoring how the ship (market) is listing.  When too many are standing on one side of the … Continue reading →

Posted in Black Swan Watch, Euro, Fiscal Policy, Global Stock Performance, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 2 Comments

Cartoon of the Day: The New Bond Salesman

Posted on September 13, 2011 by macromon

A friend of ours, “Countrywide”, named for the girth of his posterior, who works at a major asset management firm,  sent this over yesterday.  He says the dude holding the sign looks like the Goldman Sachs bond salesman who covers … Continue reading →

Posted in Cartoon of the Day | Tagged , | 4 Comments

Is the U.S. Becoming Japan?

Posted on September 12, 2011 by macromon

As Treasury bond yields tumble to record lows we’re hearing lots of talk the U.S. is following the economic trajectory of Japan.  Not so fast!   Take a look at the following chart. After 990 days trading days from peaking, … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Equities, Fiscal Policy, Global Stock Performance, Sovereign Debt | Tagged , , , , , , | Leave a comment

Golden Falters

Posted on September 12, 2011 by macromon

Gold’s 30 percent parabolic move from July 1 to September 6 is beginning to falter.   Maybe the yellow metal is just out of gas and needs to consolidate a little or maybe it’s something bigger, such as the liquidity issues … Continue reading →

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What’s Up With Micron (MU)?

Posted on September 12, 2011 by macromon

The price and volume, that’s what’s up, and not insignificantly.   We are in and out of this stock and it really caught our eye on Friday as the market was down big,  MU was up almost 2 percent with volume … Continue reading →

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Key Support Levels

Posted on September 12, 2011 by macromon

The stock index charts in the Eurozone, especially the DAX and CAC, look extremely ugly.  A little better in the U.S., but the way markets are trading overnight these levels look they’ll be pierced like a hot knife through butter. … Continue reading →

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