Monthly Archives: January 2012

Blast Off!

Posted on January 25, 2012 by macromon

Thanks, Ben.  We were getting worried there.  Cash gold is up $30, after hitting a high of $1,705.    Next up LTRO2.  Always with a stop. (click here if chart is not observable)

Posted in Gold, Monetary Policy | Tagged , , , | Leave a comment

Romney’s Gift from Bernanke

Posted on January 25, 2012 by macromon

Mitt Romney just received a huge campaign gift from Ben Bernanke as he moves to the Florida primary.    The Fed just announced they will continue to flog savers  — i.e., Florida retirees who live off CD income, and we’re … Continue reading →

Posted in Black Swan Watch, Japan, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 4 Comments

Apple’s BIG Beat

Posted on January 24, 2012 by macromon

It is truly amazing how the world’s largest company can still grow revenues by 73 percent y/y and earnings by over 100 percent.   Apple blew away analyst estimates in today’s release by almost 40 percent, earning $13.87 in fiscal Q1 … Continue reading →

Posted in Apple, China, Earnings | Tagged , | 5 Comments

Dollar Yen Pierces Long-Term Downtrend Line

Posted on January 24, 2012 by macromon

Our friends over at Lighthouse Securities posted a nice chart and great analysis on today’s $/Yen’s break of its two-year downtrend line.    We’re sensing this could be one of the big macro trades of 2012. As Europe works through … Continue reading →

Posted in Dollar, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Current Global Growth vs. Precrisis Average

Posted on January 24, 2012 by macromon

Interest chart from today’s IMF World Economic Outlook giving some big picture perspective of the current state of the global economy relative to where it was before the crisis. Argentina is rocking relative to where it was before the crisis, … Continue reading →

Posted in Black Swan Watch, Economics | Tagged , | 3 Comments

Macrosynergy’s Excellent Return in a Very Difficult 2011

Posted on January 23, 2012 by macromon

Our friends over at  Macrosynergy Partners had a very nice 2011, posting a stellar return of 9.22 percent.   Even more impressive considering, according to the FT,  that half the hedge funds were down for year and more than two thirds … Continue reading →

Posted in Hedge Funds | Tagged , | 2 Comments

EU approves new sanctions on Iran

Posted on January 23, 2012 by macromon

How long before the Arab Persian Spring comes to Tehran? (click here if video is not observable)

Posted in Black Swan Watch, Crude Oil, Geopolitical | Tagged , , | Leave a comment

The Dow in the Year of the Dragon

Posted on January 23, 2012 by macromon

Gong Xi Fa Cai!  恭禧發財 It’s now The Year of the Dragon and the Economist  has posted an interesting piece on the performance of the Dow Jones Industrial and the Chinese astrological calendar. The Economist writes, CHINESE people across the … Continue reading →

Posted in Charts, China, General Interest, Global Stock Performance, Technical Analysis | Tagged , , | 1 Comment

Is Gold About to Get a Monetary Blast (Off)?

Posted on January 22, 2012 by macromon

Watch gold as it pushes up against the downtrend line.  Any hints from the Fed of QE3 could send it “to the Moon, Alice!”  The Fed rejoining the party and the LTRO2 coming next month could be an explosive mix. … Continue reading →

Posted in Gold | Tagged , , | 6 Comments

The Ugly Chart Contest

Posted on January 22, 2012 by macromon

Well not so ugly.  The dollar index is hovering around its short-term trend, but is now below the 20-day sma.  No clear break of trend yet. Crude looks like it is rolling over.  We heard Fareed Zakaria say on his … Continue reading →

Posted in Bonds, Crude Oil, Dollar, Ugly Chart Contest | Tagged , , , , | Leave a comment