Friday was just one of those days in the markets where there was a little something for everyone……..the anticipation leading up to the Fed Chairman’s speech in Jackson Hole was one of those events that …
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A little bit ago on “Quick Hits” i stated that I was reducing some short term bearish positions and adding some short term bullish positions…..I just reduced my JPM Sept 34/30 Put Spread at .76. 2 TRADES: …
Continue readingUpdate: With AAPL shrugging off the Jobs news and the markets shrugging off the Fed news, barring anything disastrous out of Europe over the weekend this rally off of today’s morning lows could have some legs…..AAPL fairly …
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WSJ Fed Chairman Ben Bernanke’s main message in his much-awaited Jackson Hole speech is essentially, “Stay Tuned.” In light of the slow economy, investors have been clamoring for the Fed to renew its quantitative easing …
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GDP out and frankly in line with expectations at about 1%….so no cause for alarm, but reinforcing thoughts about a very stagnant to weak economy. Mr. Bernanke clearly had an early look at this number …
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WSJ Economics: 8:30 a.m. ET: The Commerce Department takes a second crack (of many) at estimating second-quarter GDP. Economists estimate it will come in at 0.7%, exactly matching the first estimate. Go figure! We’d better …
Continue readingUpdate Aug 25th, 2011: Last week when I put this trade on I suggested it either as what I deemed to be cheap portfolio protection through the lows that we made the previous week or …
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Buffett and AAPL really just sent the financial press into a tizzy…..who to cover? Jobs, Bernanke or Buffett? Well I know what I am gonna focus on……Bernanke. But first just a quick comment on AAPL, …
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Frankly, I don’t have much to add on the whole Jobs thing. My sense is that AAPL‘s Board and most C-level executives there have been preparing for this moment for some time, while keeping their …
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I assume this is health related, which is sad. Steve Jobs’ Resignation Letter, via Techcrunch: To the Apple Board of Directors and the Apple Community: I have always said if there ever came a day …
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