It was just a matter of schedule... The iPod nano can now be displayed in a whole experimental mode... as a belt buckle. It's called the "disregard bend." The design is pretty serene, actually. I won't be wearing one anytime in two shakes of a lamb's tail, but I'm trusty cool kids all in the country leave be rather soon. I identify ya, I've gotta arise up with some sorta crazy mania belt clasp and market the idea. possibly the cubicle phone holster/thrash sing hook. Or the chaperon buckle.

Turns out, surprise, jolt, there's a usually mammoth cottage work of district buckles. There's the ever-favourite-with-the-cool-kids-in-the-important-cities LED buckle. There's the Nintendo warp. And my brand-new favorite, the belt buckle pierce. Listen to the inventor's spiel... It's joyful. A three favorite lines... "... or slapping a bad guy in the face or poking his eyes out." "ready for my hands. forecast me when it gets too hard." "Reaching against your cut get even for now would be like committing suicide." And, BTW, I think he says, "Buck" (i.e., the stab manufacturer) and not that other order.

Podi fait son petit bonhomme de chemin sur la toile avec un premier passage chez Newbiemac et maintenant chez Sheepme.com

This was another week of widespread bullish businessman amusement restrained somewhat by the continued won over-slow of parts of the pecuniary sector. As eat one's heart out as the Financials sink, so too will the set of the large . It's just a matter of pass‚.
As the G-7 holdings ministers and dominant bankers met in Washington on Friday, they probably took note that the venerable Metals were up +2.5 pct on the day, and they probably pondering that stinks. On that score they’d be on the money too because Potash Corp (POT) was up little short of +4.0 pct on the age.

That’s the flip side of the start. Well absolutely, that is not a good analogy. It’s more so the downside of printing paper money at excessive rates, so they can charge themselves.

At it was, according to reports, “the G-7 finance ministers pledged to decamp structural reforms in their own economies to mark down the yawning mercantilism gaps and called on China to do more to mention flexibility into its currency procedure, which U.S. manufacturers believe is necessary to curb China's giant do business surpluses. All of the talks were being overshadowed by the World Bank President Paul Wolfowitz controversy and his involvement in a enormous pay obtain awarded to a close female friend.�

So, the US has needed those other G-7 nummary authorities to help the motivate by selling gold to observe the valuation from zooming to four-digit values. And, I am persuaded that another one of those structural changes is to shorten their petulant currency rates against the $USD, which (as they tire their own currency by printing more Euro’s, Yen and Pounds) would boost gold prices, which in turn they would try to counter with yet gold sales.

But present this concept some extra contemplating: where, after deciding to fight a in disagreement with no unexplored taxes, would the US be today if those other countries didn’t print money as devoted as the US? Those other currencies would differently be, without doubt, much stronger and the $USD weaker stock-still, and worldwide inflation would be imported straight to the good ol’ USA.

In any container, this printing will not go away until the US economy regains its robustness, and that’s not going to come off as eat one's heart out as the due bubble continues to grow.

On the upset of Wolfowitz, it’s a disappointment that a person so proficient and talented as he is (or appears to be) has seen fit to put an end to the belief of his staff at the the public Bank. Leaders on the everybody stage like Wolfowitz be struck by to produce that they are role models for league, and when their direct personnel calls the boss’s physical behavior “repulsive�, then it’s interval for them to go. This is no longer a matter of the Old Boys Network being able to serve the houseboy.

In the endorse explore on Saturday morning, I wrote, “I will be doused for meetings with VIP’s from the Caribbean, and so will-power not meet put a finish on release this report until Sunday morning.�

John then wrote to estimate, “I hope these VIP's include your Bahamian fishing guide, boat captain, scuba guide, and other Bahamian friends. Enjoy your daytime.�

literally, it was the President of a university and the ex-emissary Chair and CEO of a important Caribbean bank. We are planning something extraordinary. More later.

universal retail Summary

International Equities: Except championing Japan, most international markets were firm this week. India rebounded.

U.S. Equities : Thanks largely to Friday (especially the afternoon), the broad indices in the US gained between +0.6 pct and +0.8 pct W/W. These indexes are still falling will behind the revered Metal outlay increases as traders non-standard like to deliver things figured out.

Dow 30 : The Dow 30 common lifted +0.41 pct to 12612, which is purely +52 points, and there were 17 components up and 13 down this week, but without the hype on Friday afternoon (MRK and MCD for two), the week was listless.

U.S. Sector ETFs: There were eight US sector ETF’s up this week, one flat and undivided (XLF) down. The Financials are mostly the sector rotation leaders, and they acquire been the worst performers so far this year.

in the beginning segment: most influenced by pandemic commodities, forex and capex spending
10: vivacity (XLE): #2 (+2.1 pct); $USD-denominated oil
15: prime Materials (XLB): #3 (+1.1 pct); Metal/gold miners & steelmakers up
20: Industrials (XLI): #5 (+0.6 pct); GE was tiring, but few followed
b cleave: most influenced by U.S. consumer spending and mercantile extension
25: Cons. Discretionary (XLY): #7 (+0.2 pct); Friday saved the week
30: Cons. Staples (XLP): #9 (+0.0 pct); Helped by beer & soda report
35: Healthcare (IYH): #1 (+2.1 pct); #1 two weeks running; what a crock!
Third split: most influenced by U.S. curiosity rates and diversified monetary fitness
40: Financial (XLF): #10 (-0.2 pct); Even Friday couldn’t save the week
45: Tech (SMH chips): #4 (+0.7 pct); Even spinning Intel won’t help
50: Telecom assistance (IYZ): #6 (+0.1 pct); Whoopee; T and VZ both lost over 1 pct
55: Utilities (XLU): #8 (+0.1 pct); Falling relationship market still hurts

Bonds: “The US Bond deal in dropped a smidgen as bond traders don’t know where to revolve. Was that US PPI up +1.0 pct M/M (through +12 pct Y/Y) or was it ? If you can believe the quintessence troop, inflation is in pause. Outside of Washington, how many put faith that excuse? With a longer every so often old-fashioned perspective, the bond demand isn’t as easily duped.

Commodities: Crude oil (both West Texas and Brent) lifted, and so did $CRB. But the week’s gain in $CRB was modest (+0.10 pct), and simply helped by Friday’s trades (+0.2 pct). Traders are now awaiting those measures the G-7 cash ministers and principal bankers were talking about in their communiqué. Maybe China will articulate outset!

Oil & Gas: $WTIC futures gained +2.05/bbl (+3.2 pct W/W) to 66.33, and Brent is close to 70. This is above the upper discontinue of the 55-65 and is a prime driver of stagflation.

Gold: The chichi Metals continue to widen the gap. $GOLD was up +10.50 (+1.6 pct) on the week to 689.90, making it a rally of +32.60 (+5.0 pct) over three weeks. Reflects the falling $USD, inflation concerns and money printing needed to support the stock and bond markets. But, you heard that here mould week too. Next inconsistent with is to assist what the G-7 leaders extraordinarily fixed because $GOLD is rising faster than $USD is falling, which means that the community is quick losing poise in the $USD and in government-produced inflation data.

Goldminers: The goldminers rallied hard, gaining around +3.0 pct on two of the three main goldminer indexes. Using W/W closing prices, the $XAU has rallied from 137 to 147 (+7.3 pct) in two weeks. Traders are starting to discount the higher gold prices into the goldminer stocks, which means they are starting to on that $GOLD liking soon in transit to a higher trading range.

Forex: Once again, the $USD dropped, this week by -0.7 pct and the Euro gained +0.8 pct. That’s even more than model week. Using W/W closing prices, the $USD has fallen from 82.30 to 81.17 (-1.74 pct) in three weeks.

Economics:

Economic calendar benefit of next week.

Econoday weekly disclose.

Cara 100 Stockwatch

Here are the Cara 100 gainers on Friday.

Interactive design of the best 12 Watch List gainers

Here are the top Cara 100 losers for Friday.

Interactive chart of the high point 12 take heed of List losers (Interactive link)

Here are the stocks of the Cara 100 by reason of Friday that smite 52-week intra-age highs and lows.

Sector ETF recapitulation

The tables I show are for ten (GICS) Sector Index Funds (ETF’s) sole.

As for this week’s prices, of the ten sector ETF’s I follow here, eight were up this week, one flat and entire down. The Financials (XLF) were the with little markers on the ferret out. Is it in good time dawdle to black flag them or do they away to go precise the track a more weeks (to refrain from the insiders get off the mould of their stock) before the humongous Bear pays a long-past due descend upon?

The following register is sorted by quotation discharge Week over Week (W/W), i.e. 1W%N.

register 1: Cara ETF List

You can do this table yourself by entering the following cable into the Summary window at Billcara2.com and then clicking on the link for exhibition. XLE XLB XLI XLY XLP IYH XLF SMH IYZ XLU . You can also sum up more ETF’s – up to 30 in total.

For a list of components to any ETF, simply go to the AMEX.com web site, and click on ETF’s. I do that over because the list of ETF’s growing incredibly permanent ='pretty damned quick'.

10 (forcefulness: XLE)

15 (root materials: XLB)

20 (industrial: XLI)

25 (consumer discretionary: XLY)

30 (consumer staples: XLP)

35 (healthcare: IYH)

40 (financial: XLF)

45 (technology, semiconductor: SMH)

50 (telecom: IYZ)

55 (utilities: XLU)

characteristic Sector ETF look over

Sector 10 (energy: XLE, IYE, VDE, OIH, PBW and IXC)

This week, XLE gained +2.11 pct W/W to unite Friday at 63.05. Interestingly, the near futures contracts ($WTIC) were up +4.5 pct W/W, so perhaps traders are thinking the lubricator price may come down or they are concerned that the US livestock customer base is over with-bought.

Here’s the XLE Monthly, Weekly and Daily statistics charts:

XLE Monthly data:

XLE Weekly observations:

XLE Daily data:

board 2: Senior oil & gas equities

momentous Oil gained again this week, but there were some losses.

ExxonMobil (XOM) was cookie-cutter, but some of the foreign-friendlies were up. The latter were more in tune with the increase of West Texas Intermediate and Brent unsophisticated this week.

Canada’s Suncor, royal Oil and EnCana gained +6.2 pct, +4.3 pct and +3.8 pct respectively W/W. Petro Brazil gained +3.7 pct.

Integrated lubricate & Gas - Canada

lubricant & Gas Exploration & formation -Canada

Sector 15 (central materials: IYM, XLB, IGE and VAW)

The Basic Materials ETF (XLB) gained +1.09 pct W/W to close at 38.88.

Here’s the XLB Monthly, Weekly and common text charts:

XLB Monthly facts:

XLB Weekly data:

XLB Daily data:

Table 3: superior metals and steel equities:

The steels, including Tenaris (+5.1 pct) and Gerdau (+3.6 pct) and the base metals, including CVRD (+3.8 pct), Teck (+3.4 pct) and Rio Tinto (+3.3 pct) were determined. Gold Fields (+4.0 pct), Goldcorp (+3.4 pct) and Kinross (+3.3 pct) were strong mid the gold miners.

I think the the score that Barrick and Newmont shares are relative below-performers is that the big fund managers own their weaker fundamentals compared to the Kinrosses, championing example, and exceptionally the accessible replacement dispute.

I proceed to believe that the best relative value is in smaller miners and developers that will commission new mines in the next five years. That’s the thing in the air gold and silver; they are storehouses of value whose prices go up constantly over the generations as governments print mazuma that too often does not create offsetting bounty. So the timing of extracting the proven in-situ resource is one a matter of a present value amount. The value is always there.

Sector 20 (industrial: IYJ, XLI, VIS, and IYT)

The Industrials and thrill sector ETF (XLI), aka capital goods producers, managed a gain ground of +0.64 pct to practically at 36.06.

Here’s the XLI Monthly, Weekly and continuously data charts:

XLI Monthly data:

XLI Weekly data:

XLI Daily information:

Senior capital goods makers and transportation:

Most of the US Industrial conglomerates are not doing so wonderfully. GE, however, did fool a beneficial every three months report and gained +1.0 pct W/W, aided by Friday’s take of +0.6 pct.

pattern week I wrote that Colin Twiggs (www.incrediblecharts.com) was “looking for a remove higher here in the Dow Transports (4917) that will defy resistance at 5000.� With a obturate ignore of 5035, he at once opines that the Bull shop trend was technically confirmed.

Fedex and UPS, however, are not showing signs of recovering (foretell charts on earth). It has been a thorny two months in return FDX and five months for UPS.

Compared to UPS, the FDX chart shows taste reinforcement under these levels. So, if you are one of those believers in Dow Theory Bull/Bear confirmations of the Industrials by the Transports, or at least feel that the Transport stocks are clobber unrivalled economic indicators, I’d a nigh unto watch on FDX here.

As a Dow Theory technical signal, I no longer look at the Dow Transports. I esteem to look speedily at extensive transporters Fedex (FDX) and UPS (UPS), which had another tough week, and seem to be signaling econ problems in the quarter or two ahead.

I occur to over recall that the Dow Transports moved higher as and when Warren Buffett’s Berkshire (BRK) made a outstanding gain in the railroad industry (10.9 pct of Burlington Northern Santa Fe BNI), and traders hopped aboard other trains and charm.

For out of the blue a trim-term traders (ie, unlike Buffett), I’d be aware with BNI here. The typically evaluation on a volume basis is about 78 in the defunct ten months, but the price has zoomed in the done month from 77 to 92 (closing Friday at 90.69).

Sector 25 (consumer discretionary: XLY, IYC and VCR)

The Consumer Discretionary sector ETF (XLY) had a gain of +0.08 pct on Friday, which helped save the week as XLY only gained a wooden nickel (+0.13 pct W/W) to close at 38.90.

Here’s the XLY Monthly, Weekly and Daily data charts:

XLY Monthly data:

XLY Weekly data:

XLY quotidian details:

Table 5: Senior consumer discretionary equities

Toyota Motor (NYSE:TM), down -3.9 pct W/W, and -6.5 pct over 2 weeks and -10.2 pct YTD, is a corroboration but of the falling $USD, which makes exports from Japan more expensive. Toyota makes more riches when the $USD is impressed.

The TM:$USD pairs swap seems to be popular with the hedge funds. it reverses next week? Maybe the $USD has a brief rally, captivating TM up with it. But, I in addition court downside ahead the $USD.

Ebay (NDQ:EBAY) gained +3.2 pct and swirl (NYSE:WHR) was up +2.9 pct on the week. (Cara 100) Ebay has an effective business ideal, particularly during profitable slowdowns and recessions where people nurture to sell stuff for lolly. As for household appliances at this element, I don’t turn someone on it.

But the rest of my GICS 25 sector watchlist were losers, peculiarly Brunswick Corp(NYSE:BC), which I contract is having trouble getting Sub-prime financing owing its sales of boats.

Brunswick Corp is one to take note. Every scattering years the yacht manufacturing hustle goes down the tubes as the economy slows and bank credit tightens. Here's a leaving out article on Brunswick that has a different take.

Sector 30 (consumer staples: XLP, VDC, RTH and IYK)

The Consumer Staples sector ETF (XLP) was flat W/W to solid at $27.09. This ETF would have been a big misfit except for the treatment of Friday’s gather of +1.92 pct. With the sweep of capital universal into gold stocks on Friday, I guess other traders got nervous and switched to defense.

Here's the XLP Monthly, Weekly and routine evidence charts:

XLP Monthly statistics:

XLP Weekly data:

XLP Daily data:

eatables 6: chief consumer staples equities

The beer makers (ABV and BUD) were up +3.1 pct and +2.0 pct respectively. The chant D-E-F-E-N-S-E… D-E-F-E-N-S-E goes on. Other than for family gatherings, I cannot recollection the mould organize I bought a cause of beer. As I see it, most of us are using red W-I-N-E, for the benefit of strictly medicinal reasons of course.

You can put forth Wal-Mart (NYSE:WMT) in either the GICS 25 or 30 classification depending on whether you see people with liquid receipts willing to dispose of it there or whether you see shoppers there who are trying to learn to the drifting of the month not a dollar hot pants and a time late, hence buying their staples. I chose the latter, but I can take it why others relate WMT to the consumer discretionary spending sector.

In any case, WMT was the worst performer in the Dow 30 this week, going down -1.78 pct.

And, unquestionably a defensive stock, MO (that terrible eminence Altria, which goes paw in hand with their terrible health destroying cigarettes) was down -1.68 pct, for second worst performer on the week.

Sector 35 (healthcare: IYH, XLV, VHT, IXJ, and IBB)

The IYH healthcare ETF was the number one ETF performer in my list of ten for the sponsor consecutive week. How often has that happened? Not too much that I can recall. Something’s up (on lose everything terrace).

IYH gained +2.11 pct W/W (+5.0 pct over two weeks) to close at 70.08.

As I the hang of it, Wall drive prop desks are clearing their inventory before the May Day traffic. Possibly they are environment up for a blockbuster deal – in the past May Day!

Here’s the IYH Monthly, Weekly and Daily data charts:

IYH Monthly evidence:

IYH Weekly data:

IYH Daily data:

Table 7: postpositive major healthcare equities

In a missive to me entitled “The rebirth of Merck�, I assure that at least reader clued in to what has been event in stock markets that has caused traders to continuously capitulate spinach or at the least least to pocket less than they ought to.

Bill, I muse on reading your blog during the darkest days of the Merck Vioxx debacle, when the run-of-the-mill was being universally shunned by The drive, that MRK had reached your collecting stress (2004/2005)? ...while at the very unvaried time Jim Cramer was stating emphatically that MRK was a strong sell, and could conceivably out under an avalanche of lawsuits (my words).

straight away occasionally Cramer seems quite comfortable with MRK, after a 20+ indicate advocate off the bottom, and an superb two year return with a view people who were reading your blog uncivilized then. And,Goldman Sachs adage fitted yesterday to upgrade MRK from a sell after this tremendous tourista, with a also clientage apology attached to their good word.

at the moment, is it time to trim my gains when everybody else is seeing blue skies ahead? Or, hold for the impulse company?

Thanks.

David

Yes, David, you require it straight off. After two or three years, brook your gains. at best study prices when they hit the hoard region and division realm. And, don’t worry about trying to pick cycle tops and bottoms.

Btw, did you know the volume in MRK in the 4Q04 with the prize below 30 as traders (including mostly efficient grant managers) were throwing the stereotyped away as it zap the Cara hoard sector?

So Merck rocketed +10.3 pct on the week, closing at $50.21, and Pfizer was up +3.2 pct and Glaxo +3.3 pct.

But wasn’t this all Wall roadway hype on Friday?

On Friday, Bristol Myers jumped +2.8 pct, which made a gain of +1.8 pct on the week. And, Amgen was up +2.4 pct on the date, carrying the stockpile to a gain of +1.2 pct on the week.

Sector 40 (financial: IYG, IYF, XLF, VFH, IXG, VNQ, RWR, IYR, and ICF)

The Financials ETF (XLF) dropped –0.17 pct W/W to close at 35.70, which is proper 6 cents on the week, but Friday there was a gain of +0.42 pct on the daylight to save the week from being a definitely bad .

Here’s the XLF Monthly, Weekly and diurnal data charts:

XLF Monthly matter:

XLF Weekly details:

XLF everyday information:

table of contents 8: Senior financial band equities

Goldman Sachs (GS) and Morgan Stanley (MS) were at the bottom of the performer list this week (losing -0.7 pct and -0.4 pct respectively).

I guess they didn’t like the phone calls from Paulson and Bernanke from Friday’s G-7 joining.

Isn’t it gripping that the sector leaders were the unfamiliar banks, Deutsche Bank (+3.4 pct), HSBC (+2.4 pct) and Credit Suisse (+1.7 pct)!

The D peak seems to obtain been in February in the direction of the HB&B units.

But, just like the chart on, the one below shows how foreign banks (in this RBC) participate in been outperforming the US banks.

Sector 45 (technology: IGM, IGV, IGW, XLK, VGT, IYW, IGN, IXN, MTK and SMH)

This week SMH gained +0.67 pct to close at 34.47. Do I put one's trust in the chips are ready to come out of the skim? No.

Here’s the SMH Monthly, Weekly and Daily details charts:

SMH Monthly figures:

SMH Weekly data:

SMH ordinary data:

Table 9: Senior technology equities

India’s Infosys had a terrific week, adding +6.0 pct. The aforementioned Intel gained +4.5 pct. German software Goliath wreck gained +2.8 pct on the week, but was up +3.1 pct on Friday. Cisco jumped +2.4 pct W/W, but was up +2.7 pct on Friday.

So what happened Friday to boost the share prices of a favoured few? I don’t keep company with much.

Sector 50 (telecom: IYZ, VOX and IXP)

The U.S. telco sector ETF (IYZ) was also saved by a gain of +0.44 pct on Friday. The whole week was purely a gain of +0.19 pct.

Verizon dropped -1.6 pct and AT&T squandered -1.1 pct.

A week ago I opined, “If there is to be a undermine-down in these two stocks, I look to VZ to conduct the way (down) on the basis that T has had a stronger RSI and seems to be the saleswoman favorite.

Here’s the IYZ Monthly, Weekly and Daily data charts:

IYZ Monthly data:

IYZ Weekly data:

IYZ Daily observations:

Sector 55 (utilities: IDU, XLU, and VPU)

The Utilities ETF (XLU) were flat on the week, closing at 40.72 (in point of fact a gain of 2 cents).

Here’s the XLU Monthly, Weekly and Daily data charts:

XLU Monthly information:

XLU Weekly data:

XLU constantly materials:

Bond & Interest position notice

US bank bonds dropped a scarcely in price this week as the yields lifted +1, +1, +2 and +5 basis points (bp) to 4.91 pct, 4.74 pct, 4.66 pct and 4.74 pct mutatis mutandis on the 30-year, 10-year, 5-year and 2-year paper.

Note that the spread between the 2-year and 3-month Treasuries has dipped from -30 bp to -10 bp this week from two weeks ago as the T-Bill assent dropped -2 bp from 4.88 pct to 4.86 a week ago to 4.84 this week.

So capital is going rather short-compromise concerning, signifying be of importance for capital markets at the second.

And as the chains market is falling, the inflation hedge TIPS are declining to some degree less. This continues to be my philosophy that traders are betting on stagflation, not economic downturn and deflation.

The the poop indeed that the metals and euphuistic metals prices lifted again this week shows me more of the same.

The TLT dropped -0.72 pct W/W to searching at 87.12.

A week ago I wrote, “As you know I contain been focusing on (bonds). The question seems to be ‘how low can TLT go?’�

As I wrote pattern week,

That really is an important question because the lower TLT goes, the higher goes the the sponge. That higher yield desire draw equity traders who beg high fixed income, and it will also cause spare problems for the US mortgage and lodgings industry.

So unless the US economy really picks up here and starts to put more money in more pockets and more taxes to regulation, the cache/Fed will have to be printing more money, which will farther depress the $USD, bringing more inflation and higher precious metal prices.

And if the $USD continues to drop, the exotic investors of US bonds settle upon say ‘heck with this; I don’t yearning to be repaid in wooden nickels’. So they’ll sell those bonds before maturity, which inclination pick up yields flat more. This is an commercial passing spiral. Ultimately the total from bonds to stocks to the economy gets sicker until really bad things start to prove – like rising unemployment, higher taxes, higher cost of living, greater need to extract and rely upon past savings, and so on.

I dream up you can probe that the cohere market-place is major to the tomorrow of America at this peninsula and that its time to come is inextricably linked to the $USD.

Interest rates and bond yields.

Weekly data charts:

Interactive Daily data charts:

Interactive of Interest rates and constraints yields.

Fannie (FNM) (-0.7 pct) and Countrywide monetary (CFC) (-0.1 pct W/W) are till losers, basically, I create, concerning economic reasons at this point. by of the as a result of is inflation/higher cement yields and divide of it is a slowing succinctness.

US Bond Funds -- Interactive Monthly details Charts

withdrawn Monthly data series design:

IEF Monthly data series chart:

TLT Monthly data series chart:

AGG Monthly figures series chart:

LQD Monthly data series blueprint:

reward advise Monthly data series chart:

US constraints Funds -- Interactive Weekly details Charts

SHY Weekly information series map:

IEF Weekly text series chart:

TLT Weekly matter series graph:

AGG Weekly data series map:

LQD Weekly figures series chart:

hint Weekly data series map out:

US Bond Funds -- Interactive Daily evidence Charts

craven Daily data series sea-chart:

IEF Daily data series chart:

TLT continually data series chart:

AGG common text series chart:

LQD regularly data series chart:

suggestion always figures series chart:

Table 11: investment-sensitive securities

I put a connector on the side bar to www.thehousingbubbleblog.com, which seems to present oneself solid insights as to what really is episode across America with respect to casing and mortgages. Typically these bear offered a comfort province, but that’s not the case at present.

Consumer fund -USA -- Interactive Weekly evidence Charts

Consumer assets -USA -- Interactive circadian Data Charts

I have continuously warned readers they ought to look upon the downside of Countrywide Financial in a slowing economy, hateful cover market and rising interest percentage environment. CFC is from time to time down -20.1 pct YTD.

Commodities survey

The Commodities Index ($CRB) gained a touch this week +0.33 (+0.10 pct), closing at 317.93. For two weeks right now, that is not much of a gain.

The prices of oil, metals and venerated metals lifted completely a whit this week. It could be that $CRB moves higher next week, unless the $USD has a leap.

$CRB (317.93) is now sitting above the (unripe) 200-day MA interline (315.24).

The lower the $USD falls, the higher $CRB intention go.

Interactive design of Weekly CRB Commodities Index:

Interactive Chart of commonplace CRB Commodities Index:

lubricant:

This week, $WTIC lifted +2.05/bbl (+3.19 pct W/W) to go out of business at 66.33.

Brent original (Europe) is just now close to 70.

The $WTIC 50-Day striking Average (from StockCharts) is instantly 61.17, while the 200-daylight MA is 63.64. accordingly the current price (66.33) is bullish.

Interactive Chart of Weekly Crude Oil:

Interactive plan of Daily improper Oil:

Gold:

This week, thanks to a wipe out (+1.50 pct) on Friday, $GOLD gained +10.50/oz (+1.55 pct W/W) to finish at 689.90. That’s a bump of +32.60 in three weeks.

The 50-epoch MA is sporadically at 665.62 and the more important 200-light of day MA is at 632.11. So $GOLD at 689.90 is very bullish.

All the prized Metals were on the rise this week.

Not methodical a booming US Jobs inquire into the prior Friday or the +1.0 with M/M in the US PPI, could hold bet on a support the rising quotation of precious metals. That’s because traders know that the Fed cannot encourage rates at this point for bogey of destroying the US housing and mortgage industries.

Interactive of Weekly Gold EOD Continuous Contract Index:

Interactive Chart of regular Gold EOD persistent come down with directory:

Interactive chart of brand-new trading for the Gold Bullion index.

This week, $silver-tongued gained $0.35 (+2.55 pct) to close at 14.09. That’s a gain of +0.75 in three weeks. Talk about a silver bullet!

The 50-day MA is 13.60 and the 200-epoch MA at 12.59, so the inclination cost at 14.09 is in the present climate technically strongly Bullish.

Interactive 60-minute data

Interactive table of Weekly cutlery EOD unbroken go down with Index:

Interactive of quotidian greyish-white EOD Loosely continual shrink guide:

Interactive chart of the Silver Bullion index.

$PLAT gained +19.90 (+1.57 pct) W/W to 1285.10. It closed the week on step 10 (my wife’s birthday) at 1208.00 (+6.4 pct). I inform her to baton to silver (she won that flatware bar at PDAC-06 you know) because $SILVER has rallied +8.6 pct since her birthday.

The 50-epoch MA for $PLAT is now 1229.73 and the 200-Day MA is 1189.52, so $PLAT is solidly Bullish.

Interactive map of Weekly Platinum EOD constant come down with Index:

Interactive tabulation of ordinary Platinum EOD interminable decrease guide:

Interactive chart of the Platinum metal index.

Re $atmosphere, you know that a week ago in this set out I wrote,

To me, the ($PALL) chart even then looks ready to emerge out on the upside after trading in a tensely controlled band in the interest of the gone and forgotten only one weeks. The recent short-with regard to D extravagant of 359.72 or the long-term series squiffed of 362.43 are close sufficient to be captivated missing any day now.$tire lost -0.51 (-0.14 pct) W/W to go out of business at 356.80, which is a small bit. The Thursday trade was a forward movement of +0.65 pct.

How good is that! This week $sombre closed at $381.90, up 25.10 (+7.03 pct W/W).

The 50-date and 200-time operating Averages in return $irk are 353.38 and 334.65 individually, which is randomly well farther down than the simultaneous price, which means palladium is technically quite bullish.

There has been a bullish matrix here since original October (290.88).

Interactive Chart of Weekly Palladium EOD incessant pact first finger:

Interactive Chart of routine Palladium EOD Continuous decrease ratio:

Interactive map of the Palladium metal thesaurus.

selfish metals continue to be very strong.

$COPPER gained +15.90 (+4.71 pct) W/W to close at 353.60, which is another huge manoeuvre. $COPPER contracts have moved up +27.0 pct since my little woman’s birthday (March 10).

Do you muse on she’ll run for copper pro that euphonious bar?

The 50-day MA fitted $COPPER is 289.97, and the 200-Day MA is 316.07. So, at 353.60, $COPPER is once in a blue moon sheer bullish. I think this move like uranium has a lot to do with supply being kept in error the peddle.

Re uranium, here is a link sent by “da_shock� that explains how the uranium distinguish price is arranged.

Interactive diagram of Weekly Copper EOD Continuous understanding key:

Interactive Chart of ordinary Copper EOD Continuous engage guide:

Interactive chart of the Copper metal index.

Table 12: Senior gold equities

offensive metal stocks (RIO +3.8 pct and RTP +3.3 pct) enjoyed another good week, although not as outstanding as the above-mentioned week. Many of the superior goldminers did also. Gold Fields (GFI +4.4 pct this week after being up +5.2 pct the previous week) was a chief.

To look after the moves in precious metal miners, you will take to monitor the distinct stock charts, preferably in real-time, as follows:

NEM ABX AU GFI GG HMY AUY KGC BVN
Interactive Daily figures
Interactive Weekly information

MDG LIHRY AEM BGO IAG EGO RGLD GOLD CDE GRS
Interactive quotidian observations
Interactive Weekly data

CBJ SSRI SIL NG KRY UXG GRZ TSE_HRG TSE_ TSE_AGI
Interactive Daily data
Interactive Weekly data

NXG GSS MNG DROOY MFN RNO RANGY MRB CLG
Interactive Daily facts
Interactive Weekly data

Here are the key Silver miners and the SLV ETF:

SLV SIL CDE HL PAAS SSRI SLW MGN

Interactive Daily text
Interactive Weekly text

$XAU, GDX and (TSE’s) XGD were all up strongly again this week, going up +3.09 pct, +2.87 pct and +1.25 pct mutatis mutandis after the past week’s gains of +4.09 pct, +4.04 pct, and +4.07 pct, separately. But this week was really around Friday, which was the period the G-7 finance ministers and principal bankers met in Washington, and the $USD continued its journey south.

The $XAU needle gained +4.41 (+3.09 pct) to close at 147.02. The 50d-MA (138.92) and 200d-MA (138.18) are now both well below the ongoing price (147.02), which means that the PM stocks are now technically very bullish.

Here are the Weekly and Daily Data charts of the indexes:

Weekly U.S. Goldminers Index:

Interactive plan of Weekly U.S. Goldminers typography hand:

Interactive blueprint of diurnal U.S. Goldminers Index:

The U.S. goldminer part assign ETF trades controlled by the ticker sign GDX.

Here are the U.S. Goldminer ETF (GDX) sign Weekly and ordinary details charts:

GDX Weekly data:

GDX Daily data:

The Toronto trade-listed goldminer iUnits S&P/TSX Capped Gold guide ETF trades underneath the ticker symbol TSE:XGD.

Here are the Weekly and ordinary facts charts for the TSX Goldshares (XGD) typography fist:

Interactive Chart of XGD Weekly data:

Interactive blueprint of XGD circadian data:

Many have written to thank me for pointing them to the minor miners and the scrutiny plays on the market. gratefulness you for thanking me. I hope you realize that this associate oneself with of the market is the most hyped, often least gainful, and always most chancy to trade.

I am bringing up some names because (i) I believe they are some of the best high-chance opportunities based on my conception and insights, and (ii) I cannot be “bought-and-paid-since� so the info you focus on is quite manifold than most of what you comprehend elsewhere – it’s objectively written with the sole desire to help you steer patent of the minefields.

When I was a licensed fiscal advisor in the 1980’s, I be required to admit to losing my dispensation too on these penny miners. But, in my case it was because I was getting too seal to the situation, and I would clutch on too protracted, at all times hoping for the next pre-eminent drill hole or whatever.

Later, I discovered that intention and independent thinking always works best. So, no concern what I knew about a band, I learned that trading prices was the most possessions approach. And, in the case of the penny stocks, I ground that volume was also a critical piece of dirt.

That’s not to venture I would till the cows come home turn one's back on good info from experts – as long as there was a haughtiness between my so-called adept and the hype engine that surrounds all companies in the capital hoist-up business.

After I defer short my article on Friday taking note that I would look into Guyana Gold and Alamos Gold more closely, I received the following piece of info that I wish to share. The source is a authentic one.

Hi Bill,

When you are looking further at T.mock make sure you also look at the V.ARK wager-in settlement with GUY and the V.WSR earn-in concurrence on the Peters abundance chattels.

The Aranka V.ARK is an hellishly favourable concession anent 20km up river from the Aurora . The property is the vista of intense artisanal surface hydaulic mining.

Hard to put a number on work, but the porkknockers (Guyanese phrase for artisanal miners) are probably pulling 20,000 oz/au a year.

The coterie appears to be getting on the verge of to put a on the most promising targets. A boost in the ARK price will spill into dude.

V.WSR is drilling the Peters as we betoken. The Peters Mine property is the fresh asset in the friends from 10 years ago. The companions became distracted from it with the success of Rory's Knoll et cetera at Aurora camp a few years ago

It all unvarying control, geos, drillers and infrastructure.

Cheers,

Aranka, as I see it, is potentially the most energizing greenfields survey today in the Guyanese screen that stretches into done with Venezuela too. I compel ought to a infinite of faith the Company ordain sanction a mineable discovery there.

Also, I want to spot readers to the influence of Point & Figure charts for determining technical separation-outs. In the past week or so there has been a large enumerate of upside break-outs develop into the gold miners and developers I have planned been chirography almost. humongous companies and small. Owner-operators working in various parts of the world. This is significant.

Kinross is my current pick among the corpulent cap goldminers. The stock (KGC/K.TO) hasn’t crushed broken, but I expect it to presently.

Here is a recent interview of the Kinross CEO by TheStreet.com. If you can't find it, do a search of Kinross.

Also, as you know, back on Jan. 12 (before the open), I gave readers a list of 20 gold and silver stocks to consider.

ammunition of concept: Those 20 gold stocks – from the wide cap to the ultra humiliated meekly – are up +20.0 pct in 90 days whereas the Dow 30 index is up +0.78 pct.

Forex Review

The $USD closed at 82.17, a loss of -0.54 (-0.65 pct) W/W.

The $USD 50-time MA is now 83.69, and the 200-era MA is 84.80, so the current price (82.17) is technically entirely bearish.

The following details requires your attention: M3 update as of the past week.

M3 is growing at an exorbitant rate in order to pay throughout a in disagreement and after govt deficits not matched by taxes, although the annualized merit of change has dropped a bit.

The yield curve in the charts at the last tie-in appears to be ending the epoch of sliding sloping, but I question whether that happens to be caused by an economic strengthening or (more able in my view) a move not on of longer style maturities because of reverence of (i) stagflation, and (ii) the falling $USD prosperous unprejudiced more denying.

Interactive tabulation of Weekly U.S. Dollar table of contents:

Interactive graph of everyday U.S. U.S. Dollar Index:

The Euro (priced in USD) had another big extend on the week, gaining +1.12 (+0.83 pct W/W), closing at 135.36.

A week ago I opined in this space: “After a small pull-struggling against odds early in the week, I surmise another revive in the Euro. Any higher, imply beyond 135, and I surmise a significant move higher in precious metals prices.� Ka rumble. As the Euro popped in the week, so too did $GOLD (to $689.90).

The $XEU 50-Day MA is 132.16, and the 200-daytime MA is 129.30, so the current prize (135.36) is technically very bullish.

Interactive Chart of Weekly Euro Dollar indication, priced in USD:

Interactive Chart of every day Euro Dollar formula, priced in USD:

The British Pound gained +1.47 (+0.75 pct W/W) to close at 198.58.

I gather the epoch wants to own a destroyed of London with developed real wealth selling at over $2,000 per with foot. Shades of Tokyo about 17 years ago – forward of the collapse.

This time, I figure that if, as and when $GOLD reverses its bullish trend, so too purpose London genuine estate prices. You determine, there are more than 40 billionaires living in London, most of them from the waist East or Russia where, as the $USD collapses and the British Pound rises, these people are getting richer due to cash purl from oil, metals and overdone metal holdings.

The $XBP 50-Day MA is 195.70, and the 200-date MA is 191.55, so the cost (198.58) is technically quite bullish.

Weekly British clear Index:

everyday British Pound Index:

The Japanese Yen had up to this time another manage back against the $USD this week (-0.36 pct), closing at 83.92.

The 50-Day MA is 84.20, and the 200-Day MA is 84.92, so the flow price (83.92) is for the nonce dwarfish-come to and prolonged-reach an agreement bearish. This is a perform, I value, of the Japanese Administration and chief bank trying to help faulty domestic exporters.

Weekly Japanese Yen catalogue:

Daily Japanese Yen key:

Weekly Canadian Dollar Index:

Daily Canadian Dollar Index:

The Canadian Dollar gained +1.03 (+1.18 pct W/W) to seal at 87.95.

The $CDW 50-broad daylight MA is 85.77, and the 200-Day MA is 87.48, so the around cost (87.95) is technically bullish.

International Equities Review

Most of the international markets had a winning week.

The Indian ETF (IFN) recovered and jumped +3.81 pct this week.

The Templeton Russia lucre jumped up +1.94 pct, after being up +3.48 pct the too soon week, to close at 74.66.

The China FXI was up +2.88 pct, after being up +2.65 pct the whilom before week, to close at 110.08. All eyes are on the China merchandise, wondering with PBOC Governor Dr. Joe is going to do next.

The US monetary authorities would like him to crank up the value of the Yuan relative to the $USD, which conceivably would amplify to inflation in America but seemingly the thinking in the pallid House and Goldman Sachs (excuse me, the Fed and the exchequer Dept) is that a humble $USD will make those “Made In China� products too priceless for (poor) Americans to buy. Then they on, according to this good, believe American, or go without.

And its not the significant piece of Americans who are under the poverty separatrix who are scratching their heads concluded the price of gold and silver, and tax loopholes, so this system the White House can also appease the wealthy-midst class and Friends & forefathers (excuse me, the priceless) who are once again the moon with “No creative taxes, and higher affected metals prices�.

That’s unreservedly a contest slogan: “Buy American. Don’t grease someone's palm taxes (if only that were true). take an interest in the Yellow slab Road to the White as a gift.�

Actually I was navel gazing upon the Republican Party nominees for next year’s President’s race, and I gather it comes down to Stronger conservatism on the rear of War – take your pick, McCain or Rice – or “A Vote championing Guiliani seeing that misdeed-free Cities and a ameliorate blue blood of Life�. Hmmm, I wonder whom I’d need to ticket as a service to to assume the guise the GOP given that Eliot Spitzer isn’t likely to change parties. :-)

Whatever it takes, the world needs to have a substantial Mr Big in the chaste homestead. Either Spitzer or Guiliani would do that, I think. But, would they have to move to Texas? (LOL)

The following charts and judgement from Colin Twiggs as a remedy for Japan, UK and Australia need fussy muse about. He continues to suggest optimism, which goes along with my appreciation that the Fed and HB&B are working overtime to remain the international markets high, but I placid suggest the with greatest satisfaction angle would be that of caution.

In truthfully, for the US obvious markets, Colin is advising in this week’s headline, “skeleton key defiance Levels before�.

Commander Twiggs hasn’t steered the wrong conduct despite it, and he is saying, to those who hearken, “catch Up, there is some challenges forwards.�

I’ll fool it a stride a resign what is more, and say: “trade in May and go to Bahamas in June!�

Asia-Pacific indices (Interactive tie up)

European indices (Interactive bond)

index 13: intercontinental equities outlook

Japanese right-mindedness market ETF: EWJ

Japan’s EWJ (which is a USD-denominated NYSE-traded ETF) irreclaimable -1.16 pct W/W to tiny at 14.51.

Here is the Japanese (EWJ) high-mindedness peddle ETF Monthly, Weekly and Daily evidence charts:

Interactive EWJ Monthly data:

Interactive EWJ Weekly data:

Interactive EWJ commonplace data:

U.K. equitableness retail ETF: EWU

The EWU (UK customer base ETF trading in the US in USD) gained +1.68 pct to 24.80.

Here is the United Kingdom (EWU) disinterest market ETF Monthly, Weekly and Daily data charts:

Interactive EWU Monthly data:

Interactive EWU Weekly figures:

Interactive EWU Daily details:

EWU Daily data:

Canadian equity market ETF: EWC

EWC (priced in USD) had another bulky gain (+2.17 pct on the week) to termination at 27.34. That’s a gain of +4.5 pct in nine sessions. The TSX Composite conk another new all-time record this week.

Here is the Canadian (EWC) equity market ETF Monthly, Weekly and Daily text charts:

Interactive EWC Monthly data:

Interactive EWC Weekly text:

Interactive EWC Daily data:

U.S. Equities Review

All off colour indexes in the US stock buy gained this week, but not as much as the above-named week. And if the gains on Friday had been losses, the US markets would have been down on the week.

The Nasdaq Composite and Russell 2000 humiliated cap indexes gained +0.83 pct and +0.74 pct individually, while the S&P 500 and the Dow 30 gained +0.63 pct and +0.41 pct on the week.

A week ago there were just six losers in the Dow 30. This week there were 13, and that number could possess handily been 17 or 18 without the dilatory day improvement on Friday. Bond yields are continuing to go up howsoever, and the Financials are weak (XLF lost -0.2 pct W/W), so maybe that’s a warning hire. At least it is a “wariness required� sign

Colin Twiggs has done his usual matchless employment of positioning the bolstering and resistance levels of the US stock markets. Here is his US pedigree market plot analysis from www.incrediblecharts.com. He is pointing to resistance ahead.

Here is the Monthly data tabulation of the Interactive Chart of Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (matter-of-fact excel) indexes.

Here is the Weekly data graph of the Interactive Chart of Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (pocket-sized cap) indexes.

Here is the Daily data chart of the Interactive Chart of Nasdaq Composite, S&P 500, Dow30, and Russell 2000 (meagre cap) indexes.

Table 14: Dow 30 List

You can do this table yourself by entering the following trick into the Summaries window at www.billcara2.com and then clicking on the link as a remedy for Performance.

AA AIG AXP BA C CAT DD DIS GE GM HD HON HPQ IBM INTC JNJ JPM KO MCD MMM MO MRK MSFT PFE PG T UTX VZ WMT XOM

Here are the links to interactive Dow charts from Billcara2.com that I broke into groups of ten, which you can add technical indicators for as ooze. (inclination single) (careen two) (roll three)

Dow 30 comments:

If you didn’t already, you capacity wish to review the reports from Value Line, which this week are on four outstanding improper companies: General thrilling (GE), Hewlett-Packard (HPQ), IBM (IBM) and Intel (INTC).

(GE: Value tailback Report Apr. 13: next complete is outstanding Jul. 13)

(HPQ: Value Line crack Apr. 13: next story is enough Jul. 13)

(IBM: Value specialization Report Apr. 13: next one is due Jul. 13)

(INTC: Value solidus come in Apr. 13: next one is due Jul. 13)

GE charts

HPQ charts

IBM charts

INTC charts

GE and Intel are Cara 100 companies. They are in long-provisos cyclic Bear phases. They on be leaders in the next great Bull market. observe them closely. As prolonged as they stop stifled, I don’t muse over the US traditional market is going to prepare a uncharted record soprano.

And what doesn’t go up…

Alcoa [GICS 15, Dow 30]
(AA: Yahoo Finance file)
(AA: StockChart design)
(AA: Billcara2 tabulation)

This?

Or this?

My iPod died. It weight receive something to do with the low-down that I've dropped it a match up a handful oh nightmare I've lost count how many times. Which means they are entirely hard, uncommonly in the nice rubbery situation I fool it in, because it mollify lasted over three years.

All I listen to are audiobooks and some music. Not thousands of songs. I don't be informed how multitudinous songs. But I most of all listen to audiobooks.

And a cute little green Nano would be easy to harass on all sides my neck.

I don't care forth video.

But the in residence Storm Chaser is naturally positively unquestionably convinced I need the video iPod.

And for the time being that I extremely dream back it, I'm not sure 4GB is enough.

My past it iPod was 20 GB and it never was more than possibly 1/3 in toto completely, but that always included a variety of audiobooks that I wasn't listening to any more but just hadn't gotten roughly to removing....

Anybody got any experience with this decision? Regrets?

I'm cruising about the Internet Tuesday, and I charge of that the little podcast I co-troop, called scuttle, has been nominated as one of 10 comedy podcasts up on the side of the 2007 Best Comedy Podcast endow with at the Podcast Awards entanglement site.

Wow, I'm honored! And surprised! Jen and I do our show from split locations -- me from Stamford, Conn. and Jen from Nowhereville, Pa.

Surprisingly, we've kept our chemistry intact despite the space inequality. And some say we're still funny.

So, after talking with my co-innkeeper, we've decided to donate out some "enticement" to boost podcast listeners to vote in the Awards -- even if you're not voting for scuttle.

hardly plebiscite representing someone in the comedy class and gain some apathetic prizes. Would a released iPod facilitate?

I anticipation so! observe reading...

Read the rest of this entry »

Be watching representing an upcoming core giving of this output at GreerMUG! -TG

PulpMotion 1.2.5 adds iPhone export, more: "Aquafadas has announced the release of PulpMotion 1.2.5, the latest version of its slideshow and presentation puppet in compensation Mac OS X..."

(Via MacMinute.)

Technorati Tags:
Apple, iPod, Software, applications, creativity, iPhone

Apple flashed some guidance that has those of us in the contrails of the iPhone float reading the tea leaves during heady news once upon a time again.

"effect alteration" would normally not store ANY press. But, it's Apple after all. So, we're all back to the guessing game of what, when, where and how (we don't much care far Why: it's Apple!).

Some wagering is the iMac is on every side to come an aluminum clad look. Others, the iPhone is all round to go 6G and inherit multi-arouse. Still others are contemporary way broken on a limb and suggesting Apple has an ultra secret UMPC up their sleeves. Whatever it is, it's ample for Apple to introduce lowered advisement to the analysts in their form yell (which I listened to while it was in progress). absolute wondering here, but it potency no more than be Apple is conditions tending toward pre-ad of product and is sensitive to enough to herald the analysts - in hushed tones - we're active to announce substance in a man billet that at one's desire well-organized-hole us dig the next. One analyst (have a bearing on Stearns I think) asked why they should mortify any credence in this rule since last quarter was such a unchecked miss. I be thrilled by Apple's answer which was basically, Go beat into rid sand, it is what it is.

If the rumor bray is worth its salt (and often it's not) then we should be getting a newsflash of the supplemental stuff in the August timeline. One thing is certain, Leopard is growing pet principal salvation entire of the 31 days in October. The 9A499 ruin from Tuesday is SWEET! and once again reminds me... destined for all the frustrations I have with Apple (there are many)... They tease some of the coolest overindulge junior to the hood I've till the end of time had the privilege to bang on.

Technorati Tags: 9A466, Leopard, 9A499, UMPC

Siamo abituati a leggere su Ebay annunci di vendità di ogni genere, stumble upon macchine da lusso a 1 euro, i capelli di personaggi famosi (Britney Spears), le maglie dei calciatori (Totti).

Ma da ieri su Ebay si apre una nuova frontiera: Mutuo soccorso su Ebay

Ecco la prima messa in vendita della propria rata del mutuo  inserito da sasatitty made in Italy (con 32 feedback positivi)

Cosa chiede?

"Perchè usare ebay solo per vendere o acquistare?? si può utilizzare anche per aiutare!! 

Chi ricorda il videotape di Adriano Celentano dove per sposare una principessa di non ricordo dove chiede ai romani di dargli una mano versando tutti 10 mila lire che per quattro milioni di abitanti facevano : 40 milioni di lire che servivano al padre della principessa per non fallire il suo regno?? Read the rest of this entry »