Greece Positions to Stay in the Euro At Any Cost

(This is an excerpt from an article I originally published on Seeking Alpha on July 13, 2015. Click here to read the entire piece.) “After a six-month offensive against German-inspired austerity succeeded only in deepening his country’s economic mess and antagonizing his European counterparts, there was little for Tsipras to tout as evidence of a … Read more

T2108 Update (July 6, 2015) – A Rattling Lid Remains On the Pressure Cooker

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

T2108 Update (June 14, 2012) – High Stakes

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 29% VIX Status: 21.7 … Read more

A False Choice Between Democracy and Financial Markets

Robert Reich recently asked “Which do you trust more: democracy or financial markets?” His article was written in response to Greek Prime Minister George Papandreou’s proposal to hold a national referendum on whether to accept the conditions of a bailout on their unserviceable government loans. He concludes the piece asking readers whether we should “…rule … Read more

Greek Debt and Mortgage Fraud Keep Deutsche Bank In A Downtrend

(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) It has been a while since I last looked at Deutsche Bank (DB). At that time, I was focused on a pairs trade strategy versus Goldman Sachs (GS). So when I noted last week that GS … Read more