By Shah Gilani Contributing Writer Money Morning With its regulatory overhaul of the U.S. financial system, the Obama administration has granted the federal government new powers to take over systemically important businesses, but has done so in a way that may well mask a potentially dangerous drift toward American state capitalism. The administration’s 88-page “white [...]

There are a number of bullish signs that point to a move higher, and I’ve not included the 30 minute chart that looks very good as well. However it pays to be aware of both scenarios and should this chart breakdown from this wedge formation it would be much lower prices. UNG continues to be [...]

From a poker pdf I read awhile back. I substituted a few words and you’ll see how useful these guidelines can be for traders. Actual winning/losing of a trade is unimportant. Each well executed trade, win or lose, is a victory. Each poorly executed trade is a defeat (even if you make money). Each move or action lacking discipline [...]

Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Right now, there’s more than $9.5 trillion in cash on the sidelines – or more than twice the amount of money currently invested in stock mutual funds, according to MoneyNet.inc and the U.S. Federal Reserve. Private equity firms alone are believed to hold as much as [...]

The monthly RSI has just rolled over and will most likely head down and form some type of double bottom. The last time the Transports fell so much and touched it’s long term support in 02′-03′ it formed this type of bottoming pattern and then went on a major bull market run. This would fit [...]

Six parts in total, but well worth the time investment as it covers many various topics like the Government’s confusion between the concepts of regulations vs control, online poker’s recent legal troubles, cops choking ambulance drivers, and how Ayn Rand is suddenly cool again. The government ultimately feels that this whole crises is our faults [...]

93% of the volume today was to the downside. Not that you should be surprised. This is the 2nd Monday in a row that we’ve seen a big sell off. This is just one more change in character that I’ve noticed as during this entire rally Monday’s have usually been big up days. clipped from [...]

Question everything, including the nature of reality.

I’m not seeing any new momentum stocks showing up on my scans recently and many stocks are failing to continue upwards. Read into that what you will. Additions: N/A Deletions: CYOU ARST GMCR OGXI Beta Watchlist Courtesy of kiddharma