http://www.themoneyblogs.com/minyanville/A community of personal investors and professional financial insiders interpreting the flow of Wall Street in real time with the mission to enhance fiscal literacy and provoke the thoughts necessary to make rewarding financial decisions.http://images.blogeasel.com/feedlogo.gifhttp://www.themoneyblogs.com/minyanville/en-usCopyright 2006 The Connors Group, Inc. The contents of this feed are available for non-commercial use only.TheMoneyBlogs http://www.TheMoneyBlogs.comhttp://www.themoneyblogs.com/minyanville/my.blog/quick-sniff-on-the-assimilation-front.htmlhttp://www.themoneyblogs.com/minyanville/quick-sniff-on-the-assimilation-front.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/quick-sniff-on-the-assimilation-front.htmlBy Todd Harrison, MinyanvilleGiven that the path to our ultimate financial destination is defined by the profits of our journey, we must balance our four primary metrics and assimilate them in kind. The technical picture is bullish. (Above S&P 1340 and BKX 114.)The structural picture is tilting bearish. (watch the dollar as it tries to break the five year downtrend line).Fundamentals are coming down the pipe (starting with Alcoa this evening). And psychology, the most intangible ofBy Todd Harrison, MinyanvilleGiven that the path to our ultimate financial destination is defined by the profits of our journey, we must balance our four primary metrics and assimilate them in kind. The technical picture is bullish. (Above S&P 1340 and BKX 114.)The structural picture is tilting bearish. (watch the dollar as it tries to break the five year downtrend line).Fundamentals are coming down the pipe (starting with Alcoa this evening). And psychology, the most intangible of...Minyanville2006-10-10 10:34:00http://www.themoneyblogs.com/minyanville/my.blog/wal-mart-santayana--eddie-vedder.htmlhttp://www.themoneyblogs.com/minyanville/wal-mart-santayana--eddie-vedder.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/wal-mart-santayana--eddie-vedder.htmlBy Jeff Macke, Minyanville"Those who forget the past are destined to remember" - Eddie VedderThe wierd thing about Wal-Mart (WMT) blaming 1.8% SSS last month on the absence of an ’06 Killer Hurricaine, I mean beyond WMT implicitly pining for more sales-driving human misery, is that it assumes no one can remember WMT results from 2005. To paraphrase Mr. Vedder, who was ripping off Santayana, "those who cannot remember have the option of reading the Retail Round-UBy Jeff Macke, Minyanville"Those who forget the past are destined to remember" - Eddie VedderThe wierd thing about Wal-Mart (WMT) blaming 1.8% SSS last month on the absence of an ’06 Killer Hurricaine, I mean beyond WMT implicitly pining for more sales-driving human misery, is that it assumes no one can remember WMT results from 2005. To paraphrase Mr. Vedder, who was ripping off Santayana, "those who cannot remember have the option of reading the Retail Round-U...Minyanville2006-10-03 08:17:00http://www.themoneyblogs.com/minyanville/my.blog/dont-let-me-dow.htmlhttp://www.themoneyblogs.com/minyanville/dont-let-me-dow.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/dont-let-me-dow.html By Kevin Depew, MinyanvilleAs September draws to a close It looks like the Dow Jones Industrial Average will register a DeMark TD-Sequential sell signal on the monthly chart after having recorded an intra-day record high today of 11,741.99. Interestingly, that TD-Sequential monthly sell signal may come just in time for a record high next week.TD-Sequential is just one among Tom DeMark’s many price exhaustion techniques. It is not a trading system and a TD-Sequential 13 &quo By Kevin Depew, MinyanvilleAs September draws to a close It looks like the Dow Jones Industrial Average will register a DeMark TD-Sequential sell signal on the monthly chart after having recorded an intra-day record high today of 11,741.99. Interestingly, that TD-Sequential monthly sell signal may come just in time for a record high next week.TD-Sequential is just one among Tom DeMark’s many price exhaustion techniques. It is not a trading system and a TD-Sequential 13 &quo...Minyanville2006-09-29 15:37:00http://www.themoneyblogs.com/minyanville/my.blog/having-a-dow-cow.htmlhttp://www.themoneyblogs.com/minyanville/having-a-dow-cow.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/having-a-dow-cow.htmlBy Jeff Macke, MinyanvilleTodd-O’s "media trollop" comment would be hurtful if not for the fact that I’m trying to juggle a few hundred things in an effort to meet CNBC’s request that the Fast Money Four be available tonight to do a special "Dow at Record Highs" segment for this evening’s On the Money. Given that juggling my defense is reduced to a) he "borrowed" the phrasing from my Minyans in the Mountains 3 speech and b) I prBy Jeff Macke, MinyanvilleTodd-O’s "media trollop" comment would be hurtful if not for the fact that I’m trying to juggle a few hundred things in an effort to meet CNBC’s request that the Fast Money Four be available tonight to do a special "Dow at Record Highs" segment for this evening’s On the Money. Given that juggling my defense is reduced to a) he "borrowed" the phrasing from my Minyans in the Mountains 3 speech and b) I pr...Minyanville2006-09-27 12:43:00http://www.themoneyblogs.com/minyanville/my.blog/ran-into-a-rainstorm-i-ducked-back-into-novato.htmlhttp://www.themoneyblogs.com/minyanville/ran-into-a-rainstorm-i-ducked-back-into-novato.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/ran-into-a-rainstorm-i-ducked-back-into-novato.html By Todd Harrison, Minyanville I am, so you know, looking to make sales in either my long calls or stock (against the calls) into the rally. Bacon with pimples (piggies with acne, banks breaking out, BKX through 114...work with me) would be mighty helpful for the Matador Crowd. Annecdotal? Perhaps, but the media trollops I know--and you know who you are--are on "HIGH ALERT" for prime time television exposure when the DJIA hits new highs. Hey, as I’ve said, I’ By Todd Harrison, Minyanville I am, so you know, looking to make sales in either my long calls or stock (against the calls) into the rally. Bacon with pimples (piggies with acne, banks breaking out, BKX through 114...work with me) would be mighty helpful for the Matador Crowd. Annecdotal? Perhaps, but the media trollops I know--and you know who you are--are on "HIGH ALERT" for prime time television exposure when the DJIA hits new highs. Hey, as I’ve said, I’...Minyanville2006-09-27 11:14:00http://www.themoneyblogs.com/minyanville/my.blog/gotta-love-math.htmlhttp://www.themoneyblogs.com/minyanville/gotta-love-math.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/gotta-love-math.html By Fil Zucchi, MinyanvilleIn college I kept telling my math professors that I was not doing too bad because in prior courses I had done far worse. The logic behind my argument was rock solid of course if only I had been applying it to the housing market: Do far worse the month before; just about as expected this month . . .and your m/m improvement is gonna look fabu. Any questions?Should you not agree with me however, and believe that housing is on the rebound, please remember that By Fil Zucchi, MinyanvilleIn college I kept telling my math professors that I was not doing too bad because in prior courses I had done far worse. The logic behind my argument was rock solid of course if only I had been applying it to the housing market: Do far worse the month before; just about as expected this month . . .and your m/m improvement is gonna look fabu. Any questions?Should you not agree with me however, and believe that housing is on the rebound, please remember that...Minyanville2006-09-27 11:10:00http://www.themoneyblogs.com/minyanville/my.blog/the-american-dream-jersey-style.htmlhttp://www.themoneyblogs.com/minyanville/the-american-dream-jersey-style.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/the-american-dream-jersey-style.htmlBy Jeff Macke, Minyanville"Que es el diablo?"America is under attack. Our golfers can’t putt, our basketball teams can’t take home the gold and tin-pot dictators mock our President for a sure-fire applause line. It’s a dark time for a nation which sports the oldest system of governance in the world yet somehow is still regarded as an overgrown child.Being the American Dream isn’t all wine and roses, fair Minyans. It requires a 24/7/365 dedication to liBy Jeff Macke, Minyanville"Que es el diablo?"America is under attack. Our golfers can’t putt, our basketball teams can’t take home the gold and tin-pot dictators mock our President for a sure-fire applause line. It’s a dark time for a nation which sports the oldest system of governance in the world yet somehow is still regarded as an overgrown child.Being the American Dream isn’t all wine and roses, fair Minyans. It requires a 24/7/365 dedication to li...Minyanville2006-09-26 14:22:00http://www.themoneyblogs.com/minyanville/my.blog/metals-quicky.htmlhttp://www.themoneyblogs.com/minyanville/metals-quicky.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/metals-quicky.htmlBy Laurie McGuirk, MinyanvilleThe PHYSICAL gold market has again ’stopped the rot’ in the paper gold market. Sure the paper players got through that 605 level pretty easy, but what amazes me is all the anecdotal and material evidence of massive buying of REAL metal across the globe.The physical market is where this game is being played, not in paper gold (same as the late 1960’s). Check your London Fixes and note the continued solid buying around 578-82 (except on Friday By Laurie McGuirk, MinyanvilleThe PHYSICAL gold market has again ’stopped the rot’ in the paper gold market. Sure the paper players got through that 605 level pretty easy, but what amazes me is all the anecdotal and material evidence of massive buying of REAL metal across the globe.The physical market is where this game is being played, not in paper gold (same as the late 1960’s). Check your London Fixes and note the continued solid buying around 578-82 (except on Friday ...Minyanville2006-09-22 14:39:00http://www.themoneyblogs.com/minyanville/my.blog/bankrate-a-fear-squared-stock.htmlhttp://www.themoneyblogs.com/minyanville/bankrate-a-fear-squared-stock.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/bankrate-a-fear-squared-stock.html By Bernie Schaeffer, MinyanvilleBankrate (RATE) shares have recently been suffering at the hands of investors worried about two distinct issues - fear of the housing bust and fear of a collapse in online advertising. The second of these was aggravated yesterday on news from Yahoo! (YHOO). From a short-term perspective, things look a bit dodgy for the shares, which were rejected by their overhead 80-day moving average late last week. RATE originally violated this intermediate-term trendli By Bernie Schaeffer, MinyanvilleBankrate (RATE) shares have recently been suffering at the hands of investors worried about two distinct issues - fear of the housing bust and fear of a collapse in online advertising. The second of these was aggravated yesterday on news from Yahoo! (YHOO). From a short-term perspective, things look a bit dodgy for the shares, which were rejected by their overhead 80-day moving average late last week. RATE originally violated this intermediate-term trendli...Minyanville2006-09-21 15:56:00http://www.themoneyblogs.com/minyanville/my.blog/those-nasty-hedge-funds.htmlhttp://www.themoneyblogs.com/minyanville/those-nasty-hedge-funds.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/those-nasty-hedge-funds.html By John Succo, MinyanvilleMany people have been asking me if there has been any fallout for my fund over the failure of Amaranth. Have my investors been calling me asking questions?First of all Amaranth was not a hedge fund, they were a levered fund. What did they hedge?Secondly, many of these hedge funds make serious structural mistakes that lead to problems with their investors.They Promise Investors Rates of ReturnsOpportunities do not come linearly in the markets so how can you promise By John Succo, MinyanvilleMany people have been asking me if there has been any fallout for my fund over the failure of Amaranth. Have my investors been calling me asking questions?First of all Amaranth was not a hedge fund, they were a levered fund. What did they hedge?Secondly, many of these hedge funds make serious structural mistakes that lead to problems with their investors.They Promise Investors Rates of ReturnsOpportunities do not come linearly in the markets so how can you promise ...Minyanville2006-09-21 08:17:00http://www.themoneyblogs.com/minyanville/my.blog/randoms.htmlhttp://www.themoneyblogs.com/minyanville/randoms.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/randoms.html By Fil Zucchi, MinyanvilleGold should find at least some support at the June lows. The problem is that if we get there, the weekly chart will look mighty ugly. Multi-year support does not really come into play until the $450 area. Meanwhile Newmont Mining (NEM) is toying with a 5-yr trendline at $42’ish. The technical setup for equities was for a break-out. Failed moves lead to fast moves. That being said, Boo needs to grab Hoofy by the horns by the end of the week IMHO By Fil Zucchi, MinyanvilleGold should find at least some support at the June lows. The problem is that if we get there, the weekly chart will look mighty ugly. Multi-year support does not really come into play until the $450 area. Meanwhile Newmont Mining (NEM) is toying with a 5-yr trendline at $42’ish. The technical setup for equities was for a break-out. Failed moves lead to fast moves. That being said, Boo needs to grab Hoofy by the horns by the end of the week IMHO...Minyanville2006-09-19 15:50:00http://www.themoneyblogs.com/minyanville/my.blog/overvalued-asset-class.htmlhttp://www.themoneyblogs.com/minyanville/overvalued-asset-class.htmlhttp://www.themoneyblogs.com/minyanville/my.blog/overvalued-asset-class.html By Bennet Sedacca, Minyanville.I think I found the most overvalued asset class out there....Wanna know what it is??In my mind, without a doubt, the most ridiculously valued asset class out there is REIT’s. How do I spot over valuation? Well there are many ways and here they are, in no particular order of importance... They are still parabolic, just as housing was. The interesting part is that while housing has gotten slaughtered, REIT’s remain levitated. See the chart here. By Bennet Sedacca, Minyanville.I think I found the most overvalued asset class out there....Wanna know what it is??In my mind, without a doubt, the most ridiculously valued asset class out there is REIT’s. How do I spot over valuation? Well there are many ways and here they are, in no particular order of importance... They are still parabolic, just as housing was. The interesting part is that while housing has gotten slaughtered, REIT’s remain levitated. See the chart here. ...Minyanville2006-09-18 13:13:00