Yesterday was way too easy. It's what Cap calls a "Free Money Day" in the markets, where you have some obvious good news and everything goes straight up all day, rewarding all participants with a shower of cash. It was certainly just what we needed after a relentlessly bad month. We flipped more bul...

A maelstrom is a powerful whilpool, once described by Edgar Allen Poe : " Here the vast bed of the waters, seamed and scarred into a thousand conflicting channels, burst suddenly into phrensied convulsion - heaving, boiling, hissing - gyrating in gigantic and innumerable vortices, and all whirling a...

China is leading the markets this morning. Word is that Chinese Premier Wen Jiabao may announce new stimulus measures tomorrow , adding to a 4 Trillion yuan ($585 billion) spending plan as the government tries to revive growth in the world’s third-biggest economy. Wen will announce “a new stimul...

This is getting tedious! We were bearish going into the week but not this bearish. It is unusual though that we have a weekly wrap-up with nothing but negative plays as we did last week but there was nothing very positive in the outlook after the action of the week of the 16th through the 20th, pict...