Europe Crisis

Europe Crisis – Greek Bond Haircut Is A Default In Every Sense

Categories: Just My Opinion

Europe Crisis – Greek Bond Haircut Is A Default In Every Sense

The Europe Crisis I believe continues unabated. The Greek restructuring of debt and subsequent second bailout I felt was probably 90% assured because no European Bureaucrat actually has any answer to the Europe Crisis.  This Greek Bond Haircut it is a default in every sense of the word. The dictionary defines default as: Noun: Failure to fulfill an obligation, esp. to repay a loan. Verb: Fail to fulfill an obligation such as to repay a loan. Europe Crisis Is A Question Of What Might Hurt Less…

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Market Timing / Market Direction – Is There Something We Don’t Know

, , Categories: Stock Market Outlook, Ultimate Oscillator

Market Timing / Market Direction – Is There Something We Don’t Know

Market timing could not have predicted the move this morning by central banks to provide liquidity to the European Banks. Obviously the European debt issue is more dangerous than market timing tools, investors or average citizens realize. The coordinated move by the Federal Reserve, European Central Bank, Bank of Japan, Bank of Canada, Bank of Switzerland and the Chinese Government is a sign of just how serious the European mess is. Did you find it interesting how on the same day as this occurred we…

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Market Timing / Market Direction Happy Thanksgiving

, , Categories: Stock Market Outlook, Ultimate Oscillator

Market Timing / Market Direction Happy Thanksgiving

Sometimes investors can look at the global economic community and without using market timing indicators, know that the situation is becoming worse. With the Thanksgiving weekend in the United States and the week shortened, a lot of investors can take a breather from watching the tumultuous markets. Over the past few days I have received a number of emails complimenting me on a number of good market timing calls on the market direction. While I appreciate the market timing and market direction compliments, it’s not…

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Market Timing / Market Direction – It’s All About 1200

Categories: Apple Stock (AAPL), Priceline Stock (PCL), Stock Market Outlook

Market Timing / Market Direction – It’s All About 1200

My market timing call of Oct 27 indicated that after the terrific October rally there should be some sessions of weakness.  While I think most investors expected some weakness, none expected such a dramatic market direction move lower. The move lower right from the outset brings us back to Europe again. Now the Greek government is considering holding a referendum on the bailout package being offered. In my mind no matter what happens, a default it definitely going to occur. If they agree to the…

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Market Direction – Range Still Holding

, , , Categories: Stock Market Outlook

Market Direction – Range Still Holding

Today’s action was interesting to say the least. Friday’s market pullback picked up steam right from the opening. However while European markets are being trounced almost daily, the US Market is hanging tough. I believe there is a lot more happening in this market than many investors are aware of. The latest chart which you can see below, shows that the market is still in a range. Since August 8 the market has hung tough and actually appears to be trying to move higher. The…

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Market Direction – Wrong! Crash Ahead?

, Categories: Stock Market Outlook

Market Direction – Wrong! Crash Ahead?

I was definitely wrong on my market direction call just two days ago on Sep 7 – Gotta Love This Volatility. While I did indicate that I think the S&P 500 will test 1000, it is just that I didn’t think it would happen overnight. Greek Bonds are unbelievable. Two year terms are yielding over 61% and 1 year are over 90%. On June 2 2011 I wrote an article about the Greek Debt Crisis – Investors are Unprepared, in which I mentioned how my…

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Europe Debt Crisis / Investors Unprepared For Greek Debt Crisis

Categories: Just My Opinion

Europe Debt Crisis / Investors Unprepared For Greek Debt Crisis

Should investors be concerned about the Greek Debt Crisis? After a recent visit to Greece, I believe investors should be worried about the Greek Debt Crisis and what will amount to a Europe Debt Crisis probably before year-end. Greece cannot afford the living standard that has been built on debt both sovereign and personal. I believe that stock markets and investors around the world are unprepared for the stock market collapses that will happen when Greece defaults. Europe’s Banks which hold at least 100 billion…

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Europe Debt Crisis / Greek Debt Crisis Tip Of The Iceberg For Derivatives

, Categories: Just My Opinion

Europe Debt Crisis / Greek Debt Crisis Tip Of The Iceberg For Derivatives

Greek Debt Crisis is just the tip of the iceberg according to a great article I read today in Forbes online magazine. Hedge fund manager Mark Mobius is quoted in the article as saying that nothing was solved from the last financial crisis and another lurks “just around the corner”. He points out that aside from the Greek Debt Crisis, global derivatives are probably total $600 trillion dollars with absolutely no regulations and no ideas how damaging they could be to not just the United…

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Europe Debt Crisis / Greek Debt Crisis Swimming Naked

Categories: Just My Opinion

Europe Debt Crisis / Greek Debt Crisis Swimming Naked

The Greek Debt Crisis continues to unfold yet many investors do not understand what is happening or really what it is about. Today’s Globe and Mail contained by far the best article I have read on the Greek Debt Crisis. Globe and Mail authors Brain Milner and Claire Neary must be congratulated for writing this insightful report. One of the best description in their article is the old Warren Buffett saying that in a financial crisis you can see who’s swimming naked. In their article…

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