Wednesday, March 27, 2013

Bear Radar

Style Underperformer:
  • Small-Cap Value -.53%
Sector Underperformers:
  • 1) Gaming -1.07% 2) Banks -1.04% 3) Homebuilders -.78%
Stocks Falling on Unusual Volume:
  • RBS, TI, DLLR, LPI, WAL, E, PVTB, TOT, LOGM, AEG, ACMP, CLF, LNN, FRAN, AGU, FGP, ASH, TG, WCC, USG, TUMI, MLU, DB, ASML, VHC, NVS, SBS, FUL, EQM, QLYS, SYT and KOP
Stocks With Unusual Put Option Activity:
  • 1) XLNX 2) M 3) WYNN 4) XLV 5) ALTR
Stocks With Most Negative News Mentions:
  • 1) WMT 2) APOL 3) CMCSA 4) CLF 5) C
Charts:

1 comment:

thediktatreporter said...

Briefing.com relates In Italy, Bersani was unable to form a coalition government, making another round of elections increasingly more likely. And, the eurozone business and consumer survey was reported below expectations. In addition to this morning's worries surrounding the eurozone, investors remained uncertain regarding the playbook the European Union may be using next time a troubled sovereign needs emergency assistance.

Nation Investment, EFA, and Small Cap Nation Investment, EFA, SCZ, traded lower, as the European Financials, EUFN, led World Banks, IXG, the Too Big To Fail Banks, RWW, the Regional Banks, KRE, the Small Cap Revenue Stocks, RWJ, lower. Countries falling lower included GREK, EFNL, EWG, EWN, EWP, EWI, EWG, EIRS, EZA, EWL.VNM, and EGPT.

Sectors trading lower included, Wind Energy, FAN, Global Engineering, FLM,

Interest bearing sectors trading lower included trading lower include Water Resources, PHO, Telecom, IST, IYZ, Utilities, DBU, Shipping, SEA, International Small Cap, DLS, and Dividend Appreciation, VIG.

Natural Gas, UNG, traded higher on short sell covering to strong resistance.

The Steepner ETF, STPP, flattened, as US Government Debt, GOVT, traded higher, as the Zeroes, ZROZ, the 30 Year US Government Bond, EDV, the 10 Year US Note, TLT, and Mortgage Backed Bonds, MBB, took Bonds, BND, higher.

The US Dollar, $USD, UUP, rose and the Japanese Yen, FXY, rose, while, the Euro, FXE, the Swiss Franc, FXF, the Indian Rupe, ICN, the Australian Dollar, FXA, and the British Pound Sterling, FXB, traded lower, which caused major world currencies, DBV, to trade higher to 27.23. The Action Forex chart of the Euro Yen carry trade, the EUR/JPY, shows a strong trade lower to close at 120.46

Please consider that traditional carry trade investing, which is long currencies, and short the Japanese Yen, FXY, is coming to an end, as is seen in the chart of the Optimized Carry Trade ETFN, ICI, rising along an ascending wedge pattern; soon this will be falling sharply out of its consolidation pattern as the World Major Currencies, DBV and the Emerging Market Currencies, CEW, trade strongly lower on competitive currency devaluation, and the US Dollar, $USD, UUP continues higher, as the desire for risk assets evaporates, and the Risk On ETN, ONN, falls lower in value, as investors deleverage out of toxic debt such, as leveraged buyouts, PSP, High Yield Corporate Debt, HYG, and Junk Bonds, JNK, stimulating investors to derisk out of Global Industrial Producers, FXR, and stocks worldwide, VT.

The global economic paradigm of Liberalism is at a pivot point and is about to enter Authoritarianism, as the world central banks monetary policies of debt monetization and ZIRP, have crossed the rubicon of sound monetary policy, resulting in the exhaustion of monetary expansion.
Inflationism is turning to destructionism as the dynamos of global growth and corporate profitability, that have underwritten crony capitalism and eurozone socialism wind down; and the dynamos of regional security, stability, and sustainability, wind up, establishing regionalism