Wall Street to the Rescue?

By Gary Tanashian

The story goes that our friends on Wall Street wink winked and nudge nudged with Alan Greenspan to cook up a massive bubble in credit and derived vehicles that eventually became malignant and spread toxic finance throughout the world.  That is not a pretty picture.

Fast forward to summer, 2012 and we find Wall Street strategists wildly bullish on T bonds (in opposition to the Federal Reserve's desire to buy them) and seemingly standing in way of the great and powerful Fed's Twist operation.  Are the Wall Street banks doing the public a service by showing the way to safety or are they simply holding up T bonds for the ransom of even higher prices than those denoted by today's record low interest rates? Continue reading "Wall Street to the Rescue?"

Storms in the Cloud

After a dose of irrational exuberance based on the Euro rescue, the US equity markets finally took a breather this week closing marginally down, but still in a bullish market phase. One concern is the number of distribution days over the past few weeks, even as the market has bounced nicely. Continue reading "Storms in the Cloud"

Chart of the Week - Gold

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

As we begin another week of trading in Gold Futures, traders are wondering if the hangover from Fridays disappointing jobs number (third month in a row where the US economy produced fewer than 100,000 jobs) will continue to pressure precious metals. So far the August futures held Fridays low, but are yet to provide a convincing rebound before the open in New York. Traders are also focused on any news from today’s Eurozone Finance Ministers meeting in Brussels, but are not expecting any major revelations. Throughout this week, Gold traders will also be paying close attention to the start of earnings season in the United States as the FED is still undecided on whether to inject another round of easing at the next FOMC meeting. Continue reading "Chart of the Week - Gold"

How Is Dr. Copper Feeling?

By Louis James and Andrey Dashkov, Casey Research

Copper is sometimes referred to as "Dr. Copper," because the metal is used in so many industrial applications and is essential for many different sectors of the economy, from infrastructure to housing to consumer electronics. That usually makes its price action a good indicator of the state of the global economy.

The chart below illustrates the degree to which copper follows economic health – as opposed to gold, which is a traditionally a contra-cyclical commodity. Have a look. Continue reading "How Is Dr. Copper Feeling?"

Top 50 Trending Stocks for Monday

What does a successful trader do that an unsuccessful trader can't seem to master? They quickly find and get in and out of the winning trades with expert precision. Who does this better than anyone else? Smart money of course!

More importantly, "Smart Money," such as big banks and large financial institutions, have the capital and agility to persuade large and medium cap stocks to move in a preferred direction. It may sound like they have the upper hand, but individual traders can join them in a move and profit from the ride relatively easily.

The hardest part is finding where the smart money is hiding. So how can you, as a trader, find where the smart money is going to strike next? The answer is simple: You find the top trending stocks! Strong trending stocks have major volume, a clear direction, and sufficient liquidity - this is usually where the smart money is. Wouldn't it be nice to find a list of current, strong trending stocks?

Now you can. Access Today's Top 50 Trending Stocks - Complimentary Tool Continue reading "Top 50 Trending Stocks for Monday"