Toro's Running of the Bulls Market Blog



2007 Volume

I wanted to update the volume graph I posted yesterday. This is for 2007 but excludes today. I'll update it in a week or so. As you can see, volume was falling as the market was rising. The next few...

Today's Prediction Tonight! Market Action 3/21/07

So last night, I had every intention of writing my thoughts about the current market before I read the tax editorial in The Wall Street Journal. By the time I was finished with that post, however, I had had enough...

Kremlinology - Parsing the Fed Statements. A Bernanke Put?

Question: Would the Bernanke Fed be more likely to tolerate a.) inflationb.) recession We'll get to the answer in a bit, but first let's dissect what put the markets into a tizzy this afternoon, shall we? January 31 FOMC statement;...

Spin?*

Generally, being of a libertarian bent, I am for less government and lower taxes rather than more government and higher taxes. However, there is a part of the political spectrum that treats tax cuts as religion, offering tax cuts as...

Anatomy of a Sell-Off

Volume is the oxygen of the market, or so they say. What has been noticeable about this year up until the sell-off was that as the market was rising, volume was falling. Until it sold off violently, that is. Since...

Barclays/ABN Merger Confirms Nothing

The bulls are proclaiming that all the merger activity and private equity buyouts are evidence that the market won't go down a bunch, with a Barclays/ABN merger being put forth today as yet another example. But I would just like...

My Computer Sucks

Well, I've just about had it with Windows. I have no idea why, but my software is not allowing me to access the Internet unless I am in safe mode. It started Saturday night when I renewed my Zone Alarm...

Global Monetary Tightening

One of my bearish theses is that central banks around the world are tightening, a fact that seems to have escaped most American investors and commentators, at least in the stock market. As I have written, in this era of...

Jim Rogers Isn't a Happy Camper

He's predicting a small slide.Commodities investment guru Jim Rogers stepped into the U.S. subprime fray on Wednesday, predicting a real estate crash that would trigger defaults and spread contagion to emerging markets. You can't believe how bad it's going to...

This is What is Known as "Dumb Money"

So, if you have a spare few hundred million rolling around, what do you do? Why, you give it to a trader who spectacularly wiped out a hedge fund, that's what you do! Brian Hunter, the commodities trader whose huge...