Greek Parliament is expected to vote on the 28billion euro austerity plan on Tuesday, which includes a new 6.4 billion euros of cutbacks for 2011……a separate vote on the implementing legislation is expected by Thursday. …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan -0.3% to 9597. Hong Kong -0.5% to 21759. China +1.4% to 2688. India +1.0% to 17727. In Europe, at midday, London -1.0%. Paris -1.5%. Frankfurt -1.1%. Futures at …
Continue readingThe Feds here and abroad are really doing a number on world markets……our late afternoon sell-off came after the Fed Chairman’s statement and Q&A following a 2 day FOMC meeting where they essentially downgraded the …
Continue readingChipotle Mexican Grill (CMG $285) This is just one of those stocks that a cynical guy like me loves to hate…..not because it’s a bad company or their products suck (I really enjoy a nice …
Continue readingWSJ Federal Reserve officials downgraded their assessment of the U.S. economy’s performance Wednesday, but gave no indication they intend to take new steps to boost growth and jobs. After a meeting of the Fed’s decision-making …
Continue readingWell, we got the big rally day. And the real question wasn’t whether it was going to come or not, but when, and for how long……the Nasdaq outperformed the SPX by almost 80 bps, which …
Continue readingFXE: The Euro vs the Dollar has been trading very technically of late and in some ways like a yo-yo between weakness related to sovereign debt issues in Europe and the potential for a weaker …
Continue readingI suggested this structure for nervous AAPL longs as a sort of “sell in May and go away”…..this structure could have been put on for little to no cost against a long position and it …
Continue readingORIGINAL POST MAY 20th 2011: Wall Street has it’s share of over used, generally nonsensical terms that add little to no value to individual investors. One that I hate is best of …
Continue readingOriginal Post june 6th, 2011: Friday on Options Action I suggested a simple Put purchase in TXN as the company is set to tighten up their guidance range for Q2….
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