Charting Stocks

After being  victims of multiple false and propagandistic  media campaigns one would think that we would be able to read between the lines when our mainstream media sources act in lockstep with one another in marketing the agenda du jour.
Have we already forgotten the “flowers and candy” which the gracious Iraqi people were going to [...]

John Bolton is a man obsessed with war in the middle east and, in particular, with Iran. Indeed, it seems that promoting a war with Iran has become his full time job. As early as 2003, he was quoted by the Israeli newspaper Ha’aretz  saying he has “no doubt America will attack Iraq and that [...]

A few weeks ago, we speculated that a bailout for the mainstream media may be on the horizon and today we sadly report that the first mainstream media bailout bill has been introduced.
(Photo courtesy of DavidIcke.com)

Much has been made (mostly by the mainstream media) over the recent rally in the Dow Jones Industrial Average. Many of the usual suspects, including those that have been wrong for the past 3 years, have been quick to call a bottom. We, as technicians, tend to pay little attention to CNBC, Fox Business, etc. [...]

One of the silver linings of this economic depression is the collapse of mainstream media companies and the creation of internet blogs along with citizen journalism. While this media shift is ongoing and certain, a question arises – Will the government, in further effort to keep their political-financial-media power in tact, bailout big media?
Does the [...]

2009 will be a year of complete destruction for the US economy. 5 Million will lose their jobs. The Dow Jones Industrial average will break below 6,000. Municipalities will fail. Insurers will fail. The unemployed and foreclosed American population will take to the streets and begin rioting. The Greatest Depression is upon us.
Sound far fetched? [...]

The WSJ reports that Federal Reserve is now said to be thinking of issuing it’s own debt. The concept could include selling bills or some other form of notes. This would be the first time in history for such an action  be taken.
The mainstream media has already begun to sell the idea to the public [...]

I’m amazed at the amount of optimistic propaganda peddled by the mainstream media as well as major investment houses. Countless are their graphs and comparisons which claim that buying and holding stocks is the best way to grow capital. They tell you that the average return of the stock market is 10% and if [...]

On November 20th, 2008 it was announced that Saudi Prince Alwaleed bin Talal bought up shares of Citigroup (NYSE: C) increasing his holdings to 5% of the total outstanding shares. The move seemed quite daring at the time as Citigroup’s shares were in freefall dropping 25% in the previous trading day alone (down over 90% [...]