The Kirk Report

Sheepherding Posted: 26 Mar 2009 12:07 PM PDT What the Fed? Geithner demands oversight Geithner deals Wall Street a can't-lose hand Banks gear up to game the government Banks price toxic assets ridiculously high Where's the plan, Wall Street? Mark-to-market is everything and why the rules must die You can't have a price-earnings ratio without earnings Could you profit from the toxic assets plan? Q&A with Paul O'Neill The People's Republic of America Get ready for Washington's budget brawl Budget battle rife with contradictions Angry about the AIG bonuses? Here's what should really disturb you A way out of government debt Is the economy starting to recover or just less bad? Good news can't offset bad The earnings picture remains pretty dark out there New home sales redux Bond spreads create new bank crisis barometer Weak demand at Treasury give Wall Street pause There is a strong historical relationship between the US Consumer Confidence Index and the 12-month change in the S&P What happened to stock buybacks? The MBA indicator More young people line up for government jobs Seniors unload insurance policies to pay the bills Cities deal with a surge in shantytowns Immigrants can help fix the housing Rally convinces some (but not all) top newsletter gurus Is it too late to go long? This market rally may be for real Bond markets don't buy the rally Investors can't handle the truth! Have we seen the last of the bear raids? Another Elliott Wave scenario Blinded by recovery hopes, investors fooled again A 15-year depression? "Mom... it's still too dangerous to buy stocks right now. You're retired, and stocks just aren't safe enough or cheap enough for your money yet." - Dr. David Eifrig Why cash is still king Respect the rally until proven otherwise 10 reasons why we still haven't hit bottom Why the bears are dead wrong We're in danger of being blinded by market bottom predictions Lack of major profit-taking following Monday's big rally says demand is still strong The cyclical bull within the secular bear Two words - short squeeze! Yes, the market tends to fall much quicker than it rises Take your money and run says Birinyi U.S. investors pour $250 billion into bank accounts Hourly performance for the financials Percentages of stocks trading above their 50 day moving averages Watch the % of stocks above 200-day MA The real rally now is in corporate bonds Oil markets pay scant attention to Russia Forget drill, baby, drill! Gas prices back above $2 a gallon Get ready for another oil price spike? A commodity snapshot Ship-breaking booms in the economic bust Are chipmakers finally stabilizing? Dividends are powering up the tech sector That was quick! Back in the black for all BRIC markets Brazil sees slowest growth in 17 years China suggests an end to the dollar era Chinese holding of U.S. Assets Asian groups to increase M&A activity Time to bet on Colombia? Regional banks with significant upside A closer look at Applied Signal Tech What's up with Allergan? IBM cuts jobs as it seek stimulus cash Dear AIG, I quit! Bear targets! 7 stocks for 10-year holders Screening for earnings growth Two of Harry's stock screens turned up no candidates this week Oil and gas stocks continue to be highly ranked in Stockscouter 5 stocks for a magical portfolio Education is a progressive discovery of our own ignorance." - Will Durant Planting seeds Individual traders may want to consider whether they are motivated more by being right than by making money If you are too busy to be disciplined, then you are too busy to trade How do you stay engaged in this market? Volume by price charts 5 lessons from annual reports Red flags that can warn of shaky books How not to choke Using fear to your advantage Feeling overwhelmed? Perhaps you need a mind sweep A great guide for the overwhelmed Perhaps the very best trading strategies are those that rotate Market Timing systems can be classified in different groups Gain experience by trading a virtual stock portfolio What moves the Dow and its ETF? Know your ETF's Holdings What's new from Direxion Using inverse ETFs for profit and to hedge A recession ETF First ETF to mimic hedge funds set to launch Do all-world ETFs really provide diversification? Commodities ETFs' Achilles Heel ETFs stimulated by infrastructure plans 10 reasons to consider Global Funds Investing for the long run Mutual fund investors are more likely to find outperformance in funds that emphasize stock selection rather than general market timing Using DRIPs for faster compounding of dividends The fee factor with variable annuities How (and why) athletes go broke How to spring clean your finances Set it and forget it - how to automate your finances to focus on long-term goals How to cut your food bill by 25% There are still a few last minute options for reducing your tax bill 10 great charities that deserve your dollars this year Home exchanges get popular The joy of saying no Sheepherding! Your moment of Obama/AIG zen "When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars. Take your choice - there is no other." - Ayn Rand

More Market Swings Ahead Posted: 26 Mar 2009 05:59 AM PDT Good morning. Premarket futures are positive this morning as traders sort through a couple of economic data reports and mixed headlines. As for the data, rising jobless claims and the 6.3% decline in final GDP for the 4th quarter are in focus. Other headlines include earnings from Best Buy, cautious coments from Fed's Lockhart, more bearish predictions from Roubini, more concern over insurers, and the House has approved a $3.45 trillion dollar budget for next year. Premarket gainers: BBY, CRTX, CTRN, CTIC, RHT, DNR, CENX, BZH, CHB, LVLT, CX, DPS, ACAS, AINV, DRYS, ACAS, GM, AIG, RIMM, STX, BCS, DNR, STM, OFC, RTP, F, CAG, & SFD. Premarket losers: WX, BPL, NOK, CNA, MNTA, FXP, EDZ, WTM, HLF, GLBL, HK, TRH, AN, BPL, & EK. At 10:AM Tim Geithner testifies on financial regulation and starting at noon several Fed members (Fisher, Lacker, & Stern) are scheduled to speak. In addition, the market will be watching the Treasury auction of 7-year notes at 1PM fairly closely given the weak showing for yesterday's 5-year notes. Technically, traders will be eyeing the supports at S&P 803 and the highs at S&P 825 and prepare their portfolios to see more greater market swings over the next few days as overbought conditions continue and the market seeks new catalysts. Go make it great day!

You are subscribed to email updates from The Kirk Report To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Inbox too full? Subscribe to the feed version of The Kirk Report in a feed reader.
If you prefer to unsubscribe via postal mail, write to: The Kirk Report, c/o Google, 20 W Kinzie, Chicago IL USA 60610