19 July 2012

Chris Hedges: Brace Yourself, the American Empire Is Over



Hedges offers an interesting interpretation of events that one rarely hears in the mainstream media.




18 July 2012

Gold Daily and Silver Weekly Chart - The Old Shell Game











SP 500 and NDX Futures Daily Charts - Sluggish Rally On Light Volume


Qualcomm missed earnings and revenues and guided down.

IBM hit their earnings but missed revenue.

With the business largely concentrated in services, the 'movement' and costs and earnings makes their accounting very flexible, somewhat deceptively so.





This rally looks tired, but there is such light participation in the market that nothing is going to happen until the trend is struck, and the momentum monkeys pile on to it.