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Tables & Charts for Friday, Mar 12th, 2010

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Bill Cara’s Blog for March 12, 2010 [See post-close report]

Morning Call [5:28am ET] Traders are speculating whether the financial crisis in Greece will serve to ultimately weaken or strengthen the European Monetary Union.

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Tables & Charts for Thursday, Mar 11th, 2010

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Bill Cara’s Blog for March 11, 2010 [See post-close report]

Morning Call [7:59am ET] The question is, do short sellers provide liquidity and transparency to our capital markets or are they powerful enough to cause the crash of the global economic and financial system?

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Tables & Charts for Wednesday, Mar 10th, 2010

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Bill Cara’s Blog for March 10, 2010 [See post-close report]

Morning Call [7:34am ET] A shift towards a tightening monetary policy in China is quite probable, according to my associate known to you as the Shanghai Fly. Such a policy change may have wide impacts throughout global capital markets.

His reasons are as follows:

(1) Various official price indices have shown gains that are making the public nervous snippets like the following, which may shed some light into the current situation:

· "Producer prices may have climbed +5.1% in February, the biggest gain in 16 months, the Bloomberg News survey showed. "

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Tables & Charts for Tuesday, Mar 9th, 2010

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Bill Cara’s Blog for March 9, 2010 [See post-close report]

Morning Call [7:16am ET] A tale of two receptions: the story of how life is changing so quickly in the world of finance and capital markets. Last evening I attended the reception at the Royal York Hotel of Teck Corp (TCK), a major sponsor of the PDAC mining convention in Toronto. I had just come over from the Metro Convention Centre where China Inc held a similar party. Well, not quite!

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Tables & Charts for Monday, Mar 8th, 2010

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Bill Cara’s Blog for March 8, 2010 [See post-close report]

Morning Call [9:10am ET] While many analysts are pointing to recent up-ticks in global equity markets as a clear sign of economic recovery and blue sky ahead, some others, myself included are recommending that we need to see a whole short-term cycle play out before we make a Bull call.

CitiSecOnline analyst JG Barredo in the Philippines is one of the analysts I follow. This morning his comments were as follows:

· Global indices again showed mixed reads but some major indices in the US and Europe have firmed up to try to break recent highs

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Week in Review #10, 2010

[7:53am] A week ago I noted with some foreboding how calm the market has gotten. I remarked, “What a quiet week this one was… Is this the lull before the storm? There were a few interesting equity market plays going on this week, but really this was a week to see if the market can break out of a trading range, up or down. Prices were down a bit, but the picture is still quite fuzzy.”

Well, look what the wind blew in. The S&P 500 soared +3.1%.

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Tables & Charts for Friday, Mar 5th, 2010

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Bill Cara’s Blog for March 5, 2010 [See post-close report]

Morning Call [7:56am ET] I had to take a second look at this headline yesterday: “Bank of Ireland increases government stake”. It should be accurately stated as “Government of Ireland increases stake in BOI” and that’s a good thing? In any case, the stock was sent soaring on the Irish and New York Stock Exchanges, up +12.12% in NY on Thursday plus a further +6.29% in pre-market trading today.

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Tables & Charts for Thursday, Mar 4th, 2010

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Bill Cara’s Blog for March 4, 2010 [See post-close report]

Morning Call [7:27am ET] Rushing to get to the airport yesterday, I made sure I brought with me two laptop computers and a projector, plus five suits and two bottles of Nassau Royale, figuring I might stay in Canada up to a month. To my distress this morning, I discovered I packed none of the electrical stuff, like power cables and mice. Either that or I removed that bag from my carry-on and left it on the plane.

Unplugged and unhappy. That’s me.

I’ll make this short; the Dollar trade got too crowded. I warned.

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Tables & Charts for Wednesday, Mar 3rd, 2010

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Bill Cara’s Blog for March 3, 2010 [See post-close report]

Morning Call [7:45am ET] Pay for performance is a principle that is fundamentally important to the future of capital markets. But without social equity, i.e., fairness to all participants, there is nothing that can or will save the capital market system.

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Tables & Charts for Tuesday, Mar 2, 2010

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Bill Cara’s Blog for March 2, 2010 [See post-close report]

Morning Call [7:20am ET] If you are thinking like me you are wondering who is trading the bank stocks other than the banksters themselves, each patting the others on the back, thankful for escaping a complete melt-down of the financial system and, for good reason, a serious loss of industry credibility.

Independent research house Zacks, which I am presently having another look at for internal use, sent me today their take on banks, concluding the worst may be over. Here is the essence of their report:

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Tables & Charts for Monday, Mar 1st, 2010

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