FN: On the way down there is volume. On the way up, there is less... waaaay less (especially for this time of the year). Can you say algos? So what does this low volume melt up mean? Can we ma...
http://benbittrolff.blogspot.com/2009/11/low-volume-melt-up.html
"The unemployment assumptions used in both scenarios have in fact already been exceeded." -Oversight Panel FN: The $301 billion federal guarantee on Citigroup's (C) crappy loan book is expected...
http://benbittrolff.blogspot.com/2009/11/taxpayers-to-lose-439-billion-on.html
“This is going to be the mother of all jobless recoveries.” -DAVID ROSENBERG U.S. Joblessness May Reach 13 Percent, Rosenberg Says (Update1): "The U.S. unemployment rate may rise to a post-...
http://benbittrolff.blogspot.com/2009/11/david-rosenberg-unemployment-rate-to.html
FN: Sounds like Japan v2.0 to me... The recent change in U.S. and U.K. monetary policy is very similar now to what the Japanese tried, where Quantitative Easing (QE) was forced onto a captive d...
http://benbittrolff.blogspot.com/2009/11/warren-pollock-zombie-banks-game-has.html
FN: Upon closer inspection, yesterday's rally was not nearly as impressive as it first seemed. Four up days in a row could not re-capture one down day. Volume on the way up has continued to decr...
http://benbittrolff.blogspot.com/2009/11/this-weeks-rally-not-so-impressive.html
Yesterday I wrote that we were Passing Thru the Eye of the Storm . Evidence that the sky is darkening once again with financial storm clouds is the sudden increase in bailouts. While a bailout i...
http://benbittrolff.blogspot.com/2009/11/bailing-out-failed-bailouts.html
Wilbur Ross Sees ‘Huge’ Commercial Real Estate Crash (Update3): "Billionaire investor Wilbur L. Ross Jr,, said today that U.S. is in the beginning of a "huge crash in commercial real est...
http://benbittrolff.blogspot.com/2009/11/regional-banks-break-down.html
We've been in the eye of the storm for months now. The relative calm and tranquility had lulled everybody into complacency.... until last week, when the cracks became too large to igno...
http://benbittrolff.blogspot.com/2009/11/passing-thru-eye-of-storm.html
Last Saturday afternoon I accidently crossed paths with a reporter... and managed to get myself into the news. Rise of the Kitchen Trable Traders “ This world is not for the casual guy who t...
http://benbittrolff.blogspot.com/2009/10/got-myself-in-media.html
Mrs. Ninja and I are expecting our first Ninja baby. As this is our first, things have been pretty hectic... To complicate matters, I've been involved in a financial software technology startup...
http://benbittrolff.blogspot.com/2009/10/i-think-im-back-baby-ninja-and-work.html
FN: The highlighted area is the "stupid zone". Over a three year period between 2006 and the end of 2008, copper went parabolic several times before finally breaking down. Copper has now rallied...
http://benbittrolff.blogspot.com/2009/09/copper-back-into-stupid-zone.html
FN: I couldn't agree more. The Chinese economy is swamped with overcapacity. Overcapacity was already a problem in 2007 BEFORE the world economy imploded. Now with exports cut in half and not lik...
http://benbittrolff.blogspot.com/2009/08/shanghai-2000-or-less.html
FN: The Chinese growth miracle has morphed into an easy credit mirage. After both credit creation and stock prices went parabolic the last two months, Chinese authorities ordered their banks to ...
http://benbittrolff.blogspot.com/2009/08/china-stocks-going-into-free-fall-mode.html
http://benbittrolff.blogspot.com/2009/08/put-ratio-too-many-bulls-again.html
FN: This is an update on the divergence of both semiconductors and energy from the rest of the market from the post Semiconductors and Energy: Major Divergence from Rest of Market .
http://benbittrolff.blogspot.com/2009/08/semiconductors-and-energy-major_25.html
FN: The Chinese government has finally caught on to the fact that they've created a bubble and are trying to "talk it down". As long as the central bank and the rest of the banks continue to prov...
http://benbittrolff.blogspot.com/2009/08/china-trying-to-talk-its-way-out-of.html
FN: After losing a Freedom of Information Act lawsuit, the Federal Reserve must now reveal exactly where $2 trillion in emergency money went... Finally shining a light onto the rot in the financi...
http://benbittrolff.blogspot.com/2009/08/federal-reserve-ordered-to-show-us.html
FN: Chinese stock hit that magical 20% peak to trough decline and are now in a "Bear Market"... again. Like I said yesterday: Parabolic Moves Always End in Tears . Stocks Fall as China Slumps; ...
http://benbittrolff.blogspot.com/2009/08/china-back-in-bear-market.html
FN: Parabolic moves always end in tears. Always. BTW, thats where the Chinese stimulus money went. From the central banks it went into the corporations and retail investors... and from...
http://benbittrolff.blogspot.com/2009/08/shanghai-parabolic-moves-always-end-in.html
FN: The percent of stocks above their 200 day moving averages peaked at 91.6% on Thursday last week. The last reading over 90% was in March 2007, just before the market corrected.
http://benbittrolff.blogspot.com/2009/08/s-500-percent-of-stocks-above-200-day.html
FN: Yesterday was the first Major Distribution day since the first week of July. Since they tend to come in clusters, expect more over the next weeks accompanied by price weakness.
http://benbittrolff.blogspot.com/2009/08/first-major-distribution-day-since-july.html
FN: Notice how this important technology index started diverging from the broader market indices? Even as the S&P 500 (SPX) attempted to make higher highs, the Semiconductor Index (SOX) si...
http://benbittrolff.blogspot.com/2009/08/semiconductors-and-energy-major.html
FN: Markets are set to gap down pretty hard this morning. This would chunk the S&P 500 (SPX) below the rising 20 day EMA (blue line) at 985 in one move. It looks like the high of 1018 will stand...
http://benbittrolff.blogspot.com/2009/08/reality-slowly-catching-up-to-market.html
FN: As these banks and more fail, and cash strapped FDIC is going to have to tap that $500 billion line of credit it setup with the Treasury. The question is, can the Treasury raise that kind of ...
http://benbittrolff.blogspot.com/2009/08/305-problem-banks-150-past-point-of-no.html
FN: Of the 14.462 million people that officially count as unemployed (UNEMPLOY) 4.965 or 34% have been unemployed for more than 27 weeks (UEMP27OV). The previous record of about 2.900 million u...
http://benbittrolff.blogspot.com/2009/08/emergency-unemployment-compensation.html