Tag: biiwii.com

Sector Updates

Posted on by The INO.com Team

By Gary Tanashian

The NFTRH bullish stance (Dumb Money Sold in May and Went Away) from late May has proven correct.  I write that even as I confess to having had moments of doubt about my own analysis in a noisy June that saw US and global policy maker jawbones (and actions) going into hyper drive.

I had been responding to the Ticker Sense blogger sentiment poll (with respect to the market's status over the coming 30 days) as 'Biiwii, Bullish' for several weeks in a row until this week, when the response down-shifted to 'neutral' due to several gathering indicators that imply at least a short term top, coming soon.  I lean toward this being little more than a healthy correction in an overall constructive market for most of the balance of 2012.  That is just a 'lean' at this juncture.

But it is a lazy summer holiday week, and what better time to drop the nuts and bolts macro market analysis in favor of some simple sector updates?  This post will be uncharacteristically light by biiwii standards, which I think can sometimes feel like they are bashing readers over the head with hard core ratios and macro interpretations. Continue reading "Sector Updates" →

Let's Twist Again

Posted on by The INO.com Team

By Gary Tanashian

http://www.biiwii.blogspot.com

The previous post of the same title was put up by a bemused blogger to express the idea that the big brains on the FOMC must think we are a bunch of drooling idiots, we Americans... and we global financial market participants.  Similar sentiments have been expressed on this blog in the past with my personal favorite nugget from popular culture era gone by: Continue reading "Let's Twist Again" →

Obsession With Central Bank Action is Unhealthy, But Typical

Posted on by The INO.com Team

By Gary Tanashian

June 18, 2012

The great question revolving around Greece is now answered.  It remained unanswered when the opening segment of NFTRH192 was written.  Here is how one writer was trying to deal with these and other questions over the weekend:

Obsession With Central Bank Action is Unhealthy, But Typical

"We’re seeing some positive sentiment return on account of a few things: the prospect of coordinated intervention in the event of a sloppy Greek election, or outright victory of an anti austerity party," such as Syriza, said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. –MarketWatch Continue reading "Obsession With Central Bank Action is Unhealthy, But Typical" →

A Byproduct of the Twist? Gold Manipulation

Posted on by The INO.com Team

By Gary Tanashian

As the world awaits the Greek election, there was news today right here in Wonderland:

Treasurys rise after record-setting auction

Our great nation is selling more bonds (AKA debt) this week to keep itself afloat. Guess what? Demand was strong for 10 year notes.

Next up, 30 year debt will be peddled on Thursday. With the Fed on the bid, either in action or in implied waiting, one might expect that to be another bumper day. Continue reading "A Byproduct of the Twist? Gold Manipulation" →

Don't Personalize the Markets

Posted on by The INO.com Team

By Gary Tanashian

A few articles I have written lately have elicited some responses that have been less than complimentary.  This generally comes with the 'public writer' territory, but negative feedback seems to come more intensely when the market is at critical junctures where its fortunes are potentially near a point of change.

It goes both ways as I routinely hear from bulls, bears and even gold bugs when I write something that looks "dumb" because it is out of alignment with a current trend, but is actually looking for Continue reading "Don't Personalize the Markets" →