DailyMarkets.com - Its Greece, No Its Spain, No Its Japan That Is Crashing

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• Its Greece, No Its Spain, No Its Japan That Is Crashing
• Forex Trading: USD/JPY Hits Fresh 7-Month High
• Hostess Twinkie: Baby Come Back!
• Waiting For A Santa Claus Rally

Its Greece, No Its Spain, No Its Japan That Is Crashing Posted: 21 Nov 2012 03:08 AM PST Kyle Bass is forecasting the Japan debt bomb to explode is getting all to real. If you are citizen of Greece, Spain or Japan and you want to protect your wealth in a world where the US Federal Reserve Chairman is printing to infinity, what do you do ? Like every one your are not sure of what asset class will be left standing, then you must hedge your risk But an even mix of: Gold, US Dollars, US 2yr notes, German 2yr notes, Swiss Franc, farm land and some chickens! Japan’s currency will … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: USD/JPY Hits Fresh 7-Month High Posted: 20 Nov 2012 11:48 PM PST USD/JPY Hits Fresh 7-Month High The USD/JPY shot up to a fresh seven-month high during afternoon trading yesterday, as speculations regarding the outcome of upcoming Japanese elections caused investors to shift their funds away from the yen. Meanwhile, crude oil gave up some of its recent gains during European trading, as a decrease in Middle East violence led to a drop in supply side fears among investors. Today, the main piece of economic news is likely to be the US Unemployment Claims, set … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hostess Twinkie: Baby Come Back! Posted: 20 Nov 2012 05:39 PM PST 11/20/12 The bake sale will go on. Mediation talks between Hostess Brands and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Waiting For A Santa Claus Rally Posted: 19 Nov 2012 12:32 AM PST In my post last week I noted a number of positive divergences in the FX market (see Waiting for the bounce) and thought that equities were poised for a bounce. Now I am seeing bullish divergences in the VIX Index as well, which suggest that the markets are poised for a more sustainable rally into December much like the traditional Santa Claus rally. First, consider this chart of the VIX Index (top) and the SPX (bottom). The normal inverse relationship of these two indices appears to be broken. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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