Sun 2010-01-31 23:06 EST

The Formula for This Market Rally In Simple Terms

The first, most obvious trend is the Manic Mondays trend...for the 43 weeks ended Friday January 8, 2010, stocks have rallied on 30 out of the 43 Mondays...these Monday ramp jobs have contributed the bulk of the market rally's gains since March 2009...The second trend that has dominated this market since the March 2009 bottom is the Bernanke Options Expiration juicing. In simple terms Ben Bernanke has shown a REAL preference for pumping money into the financial system on the exact week when options are expiring...The final trend that has dominated this market is cousin to the Manic Monday Ramp Job. It is the Night Session Ramp Job...from September 13, 2009 until year-end, ALL of the stock market's gains occurred in the over-night futures session from 4:00 ET to 9:30 AM ET...So there you have it, the three most dominant trends of this market rally. None of them are pretty. None of them involve fundamentals. And ALL of them are directly related to the Fed's liquidity pump.

Formula; markets Rally; simple terms.

The Full Feed from HuffingtonPost.com Wed 2009-11-25 10:44 EST

Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle

The Huffington Post News Editors

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter. The measure, cosponsored by Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.), authorizes the Government Accountability Office to conduct a wide-ranging audit of the Fed's opaque deals with foreign central banks and major U.S. financial institutions. The Fed has never had a real audit in its history and little is known of what it does with the trillions of dollars at its disposal.

Audit Federal Reserve Passes Key Hurdle; billed; com; Fed Beaten; full Feeds; HuffingtonPost.

Fri 2008-11-07 00:00 EST

naked capitalism: US Hedge Fund Withdrawals Reach $43 Billion in September

2008-10-16

43; Hedge Fund Withdrawals Reach; naked capitalism; September.