Archive for February, 2012

The Mouse That Roared — The Sequel

Saturday, February 25th, 2012

Remember the movie, “The Mouse That Roared”, staring Peter Sellers? In this film, the European Duchy of Grand Fenwick declares war on the United States. While fully expecting to lose, Grand Fenwick plans to rebuild itself from the money it knows the United States gives to defeated nations, such as what the US did with Germany at the end of WWII through the Marshall Plan. Enter 2012. Today we have a new take on the same theme, “The Mouse that Roared — The Sequel”: Iran and the price of crude oil. (more…)

Rome Is Burning — Correction Athens is Burning

Tuesday, February 21st, 2012

In 64 AD, Emperor Nero gave his Roman troops a draconian order to torch the city. For days the citizens of Rome watched their city burn while he stood on the summit of the Palatine playing his lyre, until an estimated half a million people were made homeless. In this way, Nero could then remake the city in his own image. On Saturday, the citizens of Athens, besieged by riots, watched their own city burn, as Germany’s Angela Merkel ordered her own draconian budget cuts, including 150,000 government jobs and a 22% cut in the private sector minimum wage (32 per cent for workers under 25), deregulation of the labor market to facilitate worker layoffs, and overall higher taxes, attempting to remake Greece in Germany’s image. (more…)

We’re Not In Kansas Anymore, Toto!

Tuesday, February 21st, 2012

For those of you who consider yourselves to be Fundamental Analysts or Technical Analysts, your tried and true ways of trading may just no longer be working for you any longer. Studying financial statements, corporate management, sector competiveness, or watching charts with moving averages, MACD’s, and stochastics may all be for not. Why? Because at least 60% of trading volume, across all exchanges, now comes from high frequency trading robot programs. (HFT’s). (more…)