What a week it was, the soaring dollar stopped soaring as it hit key moving average resistance and fell through the trap door. Julian Assange has become 007 and Mary Shapiro at the SEC would love one employee with his talent for uncovering anything. Santa Clause has arrived early, as the shorts got buried last week and will probably continue to get buried over the very short term. Nothing matters but the greenback and that has reversed lower for now as the Euro rips higher. If you want to be ‘in with the in crowd’ you must be long materials, metals and anything oil as all the hip kids are doing it.
We have seen outstanding performance on my subscriber site for many months now. Here is some December performance thus far, if you would like to see past performance, or would like to subscribe, contact me at [email protected]
Have a great weekend and enjoy the links.
ETF roundup
The state of play in M&A
The complete history of social media.
The case against $NFLX
Hedge funds borrowed billions in bailout money, Soros too, like he needed it.
An inside look at the WaMu disaster.
Ellison wants to ‘go after’ HP
It sucks to live in North Korea
iPad keyboards
Is it Ron Paul’s time to shine.
When is it time to leave the stage?