Monthly Archive: March 2010

Gold set up for another rally? 4

Gold set up for another rally?

I can hardly believe it, but gold has failed to follow through on the decline from December’s $1228 high, despite the extreme and persistent bullishness leading up to that parabolic top. It’s held tight...

20 day average put:call now at 3-year low 1

20 day average put:call now at 3-year low

This powerful fear guage is registering the most complacent atmosphere in at least three years, if not ever: Indexindicators.com Mutual fund cash levels are also at all-time record lows, and spreads on junk bonds...

Global stock indexes running on fumes 6

Global stock indexes running on fumes

When I’m looking at larger trends I like to visit the Bloomberg global stock market pages, rather than stare at the Dow all the time. To that end, here’s a tour of a few...

Goldilocks is back, better watch out 2

Goldilocks is back, better watch out

It’s official: Goldilocks is back, at least for junk bonds, according to a JPM analyst quoted in Bloomberg: March 29 (Bloomberg) — Junk bond sales reached a record this month as rising profits and...

Mish in the morning (audio) 0

Mish in the morning (audio)

Here’s a wide-ranging interview of Mish Shedlock on King World News. A few take-aways: Even if the US economy adds a steady 100k jobs a month, unemployment will be flat at 10% indefinitely. The...