Charting Stocks

Tokyo AP reports that global banking leaders will meet in with government official Britain ahead of the G20 conference in April.
Chief executives of leading banks from Japan, Europe and the United States will meet in London to discuss regulation of the financial sector, according to a report.
The British government will host the talks on [...]

Some of ProShares leveraged ETF’s have not been keeping up with the underlying index it claims to follow. We ran a quick study of the Pro Shares financial ETF’s and found that over the last couple of months, an investor would have lost money regardless if he bought the bull market of bear market ETF.
SKF [...]

The $838 billion bailout out bill dujour won approval in the Senate by a vote of 61-37. The market reacted  in the same way as the passage of previous bailout bills – It sold off.
Why does this happen? The media is mostly to blame. They are constantly peddling false optimism while setting their viewers sites [...]

At $8.5 Trillion already pledged by the US Government, the 2008 bailout of the financial sector has become largest single expenditure ever assumed by the US Government (Or any government). Just how large you ask? We’ve now exceeded the total cost of World War 2, The New Deal, Korean War, Iraq Invasion, Vietnam, The Louisiana [...]

No  sign of a bottom! The S&P 500 Index has violated it’s 2002 lows. The financial sector remains in free fall. Hartford Insurance appears to be the next AIG, and Citigroup the next Lehman.
The Dow Jones Industrial Average is coming close to it’s moment of truth, a test of it’s 2002 lows. A breach of [...]