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(CNSNews.com) -The Utah National Guard has cancelled its order for $47,174 in mechanical bulls. CNSNews.com had reported the order on Monday in a story that was linked to the Drudge Report and cited on Fox News. A cancellation notice for the contract was posted on the General Services Administration (GSA) website at 9:32 AM Thursday. Press Information Officer Lt. Col. Hank McIntire of the Utah National Guard tells CNSNews.com there never really was a contract, “There were glitches in the contracting process. So, no contract was ever drawn up or consummated.” When asked if he could tell CNSNews.com what the...

Here's The Latest Look At The 'Real' Mega Bears Joe Weisenthal May 20, 2013, 5:51 AM This is a chart that people don't much look at these days. It's updated semi-regularly by Doug Short, and it compares the great US bear market (starting in 2000) with the great Nikkei bear and the Great Depression bear. For awhile all 3 were looking very similarly, but at this point it's clear. The US has broken away from history, and with stocks hitting new highs, doesn't even vaguely resemble the past ones.Doug Short

Where Did All The Bears Go? Cullen Roche, Pragmatic CapitalismMarch 22, 2013, 4:45 AMThat’s what Schaeffers Investment Research is asking after a huge run in the market in recent months. Despite persistent chatter that everyone is expecting a market decline (eventually), the data shows that there aren’t many bears at all. Here’s Ryan Detrick from Schaeffers: “It is expiration Friday and we are usually pretty busy, so here’s a quick chart that should give the bulls pause. With news highs being made just about everyday, one thing to be aware of is investors are getting excited. Is this reason to...

One Sentence That Explains Why Bears Are Dropping Like Flies Joe WeisenthalJanuary 22,2013Flickr / Brian Digital To really appreciate this moment, you really need to appreciate the explosion of optimism that's broken out in global financial markets. It's not just that the S&P is near all-time highs. It's not just that pro-investors are more in stocks than they've been in years. It's also that economic skeptics are starting o throw in the towel, and accept that the economy is back. Either that's a great sign, or it's a sign that things have gotten way to extreme on the positivity front....

2 Bulls fans shot after game in PhiladelphiaStaff and wire services 7:43 a.m. CST, December 13, 2012 PHILADELPHIA -- Two Bulls fans bragging about the team’s 96-89 victory in Philadelphia Wednesday night were shot while riding a train on the west side of the city, police said. The shooting happened around 10:40 p.m. after “a little bit of banter” between the two fans and two other people, described as between 16 and 19, at 46th and Market streets in West Philadelphia, police said.

This Is The Most Bullish Moment We Can Recall Since The Financial Crisis Ended Joe WeisenthalSep. 10, 2012, 7:57 AMMarkets are down a hair today, but the theme of the morning is clear: Uber-bullishness. Everywhere. This is the most unanimously bullish moment we can recall since the crisis began. Note that this comes as U.S. indices are all within a hair of multi-year highs, and the NASDAQ returns to levels not seen since late 2000. Big macro hedge funds that have been famously flat-footed this year, are now positioned for a continued rally BofA's Mary Ann Bartels explains how they're...

Top Wall Street Strategist: 'We're On The Verge Of The Next Great Bull Market' Mamta Badkar Aug. 7, 2012, 5:19 PM In an interview with Bloomberg TV however, BMO's Brian Belski says that despite the lack of investor confidence, stocks are set to do well. He also said investors in the past decade have focused too much on macro as opposed to stock fundamentals: "What we have here to quote Cool Hand Luke is "a failure to communicate". Investors clearly have confidence issues this year and that's why you've seen these sharp moves to the upside and the downside. We...

One elderly thrill-seeker was gored in a leg and five others slightly injured as thousands of adrenaline-fueled runners raced ahead of six fighting bulls in the streets of the northern Spanish city of Pamplona in the first running of the bulls of this year's San Fermin festival, officials said Saturday. Runners, in white clothing and red kerchiefs around their necks, tripped over each other or fell in the annual mad daredevil rush along early morning dew-moistened streets to the bull ring. One youth got the top of his shirt and kerchief caught on a bull's horn, inches from his face,...

The Great Repression: The Impending Economic Collapse Of 2012-2022 By John F. Carlucci December 8, 2011 Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. -------------------------------------------------------------------------------- In Part 1 of this series, Is This The Best Stock Market Indicator Ever?, I examined the technical indicator known as $OEXA200R, that is, the percentage of S&P 100 stocks above their 200 day moving average, found on StockCharts.com. The $OEXA200R can be thought of as a valuable early yellow light flashing 'bears ahead' or a confirmatory green light that we're really back in a bull...

Chicago Bulls center Joakim Noah(notes) shouted a homophobic slur at a heckling fan on Sunday night (the video can be seen here), mainly because he decided he was going to act like an unmitigated idiot in that particular situation. There's no way around that level of in-the-moment stupidity. He's since "apologized" (I guess?) for saying, in his words, "something," but does he not really understand that contrition better come a little stronger than that, these days? "I got caught up," Noah said. "I don't mean no disrespect to anybody."

A Tale of Two Cows OLD DEMOCRAT: You have two cows. Your neighbor has none. You feel guilty for being successful. Barbara Streisand sings for you. OLD REPUBLICAN: You have two cows. Your neighbor has none. So? NEW DEMOCRAT: You have two cows. Your neighbor has none. But you don’t want him in your gated community disturbing your pastoral environment. You convince him to elect you so that a third neighbor, who has one cow, will be forced to provide him with free milk. NEW REPUBLICAN: You have two cows. Your neighbor has none. You convince him to milk both...

Bullish Sentiment Near 2-1/2 Year High by: AAII October 28, 2010 Optimism among individual investors reached its highest level in nearly two and one-half years, according to the latest AAII Sentiment Survey. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 1.6 percentage points to 51.2%. The historical average is 39%. Neutral sentiment, expectations that stock prices will stay essentially flat over the next six months, rose 2.0 percentage points to 27.2%. This is the highest neutral sentiment has been in five weeks. The historical average is 31%. Bearish sentiment, expectations that stock prices will...

Commodities Are Sizzling, Risks Are Building by: Daniel Moser October 13, 2010 Practically all risk assets, and even many “risk-off” assets, have enjoyed extraordinary performance in the past month–maybe even too much. Jim Cramer, like him or not, coined the saying, “bulls make money; bears make money; pigs get slaughtered”. It would appear prudent to print out those words of wisdom and tape it to your computer screens for at least the next few weeks. A substantial portion of the gains in the last month seem most attributable to the prospects for additional quantitative easing. There has been some degree...

Detailing The Bullishness Everywhere by: Seeking Delta October 10, 2010 The NAAIM (active money managers) and AAII (individual investors) sentiment surveys were released Wednesday and Thursday respectively. Both showed a sizable increase in bullish sentiment. Active managers continue to pile into equities as the NAAIM survey saw a jump in its weekly number from 68% last week to 78% this week. The eight week moving average has been trending up since last July. At 78%, the current equity exposure is now in the “extremely” bullish category (identified as one standard deviation above average). The NAAIM number measures current equity exposure...

SocGen's Dylan Grice Explains Why He's A Bear And Takes A Nasty Shot At Paul Krugman Gregory White Sep. 24, 2010, 1:53 PM Societe Generale's Dylan Grice has attacked those who label him pessimistic and Keynesian stalwarts in his latest Popular Delusions report. He defends himself and Societe Generale's other famed bear Albert Edwards writing (emphasis ours): We have no qualms about being thought of as extreme bears ... but the truth is that being realistic isn’t the same as being pessimistic and we’d bet on the prepared realists over the blind optimists every time. Grice than jumps to everyone's...

Are We Underestimating the Bearish Potential? Simon Maierhofer On Tuesday August 3, 2010, 12:42 pm It happened on November 5, 1994 in Las Vegas. George Foreman was 45 years old, unranked and in no position to demand another title shot. He was a substantial underdog in this fight against Heavy Weight champion Michael Moore. The title fight had little risk to Michael Moore. And so it came, for nine rounds, Moore easily out boxed Foreman. Entering the tenth round, Foreman was trailing on all scorecards. Most had written him off and counted him out. Then, suddenly, a short right hand...

Credit Suisse Sees Four Reasons To Remain Bullish by: The Pragmatic Capitalist August 02, 2010 Credit Suisse is still very bullish. In a recent strategy note they highlighted 4 reasons not to let the bears get you down: 1) The outlook for corporate spending Corporates are underinvested, with free cash-flow as a proportion of GDP at a record high of 4% of GDP and the investment share of GDP at a record low. 2) The outlook for employment Our US employment model is consistent with jobs gains of about 100-125K per month in the US (equivalent to 1.2% growth in...

Goldman: Our Clients Are Now 'Uniformly Bearish' And Scared Of Deflation Vincent Fernando, CFA Jul. 5, 2010, 12:49 PM Lots of these critters now Even the pros are now mostly bearish, according to anecdotal reports from Goldman Sachs. Institutional investors have even begun to expect deflation more than inflation, despite having held the opposite view just a week ago: Goldman: Clients are uniformly bearish, led by the macro community. Market performance reinforced this view with the S&P 500 currently trading at a YTD low of 1023, down 5.0% during the past week and nearly 100 points or 8.5% in two...

12 Charts That Scream Bullish Recovery Joe Weisenthal| Jun. 16, 2010, 7:05 AM Futures may be heading down this morning, but a whole host of market indicators that had been looking extremely ugly just a week or so ago are starting to look good again. Various commodities, currencies, and equities are showing a comeback that could last for awhile. Click here to see the charts >[snip]

And Now Bob Prechter Is Bullish On The Euro Joe Weisenthal Jun. 10, 2010, 4:55 PM Pay attention folks. This is gathering steam. The ranks of the euro bulls is gaining names. This morning it was Jim Rogers, and now Bob Prechter is saying on CNBC that the dollar's run is over. And to his credit, Prechter has DEFINITELY been a dollar bull of late. In fact he's generally been a dollar perma-bull over time. In addition to the argument that the selloff is overdone, Prechter also cited something about Elliot Waves (which is his thing). Expect to see more...