Back in November, JPM prophetically warned that "The long period of indiscriminately buying any dip might be coming to an end." Today it's official, and from the same JPM, in its closing day trading note we read that "dip buying is officially dead and stocks (esp. US ones) are no longer impressed by promises of central bank largess."
From Adam Crisafulli's LookBack at the Market
Submitted by Jeffrey Snider via Alhambra Investment Partners,
It may not be as sexy as gold and silver, but sometimes even doctor copper needs a little squeeze and corner love as well, and according to Bloomberg, that is precisely what someone is trying to do.
One company whose identity is unknown, is "hoarding as much as half the copper available in warehouses tracked by the London Metal Exchange."
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Warning Signs Of A Recession
In late 2007, I was giving a presentation to a group of about 300 investors discussing the warning signs of an impending recessionary period in the economy. At that time, of course, it was near “blasphemy” to speak of such ills as there was “no recession in sight.”
In November 2014, just after OPEC officially died with the 2014 Thanksgiving massacre which was the first oil-crushing catalyst that has led to crude's relentless decline since Saudi Arabia officially broke off with the rest of the cartel, sending the black gold to a price of around $28 per barrel, we revealed who the first oil-exporting casualty of the crude carnage would be: the Latin American socialist paradise that is Venezuela.