WSJ Tomorrow’s Economics: 8:30 a.m. ET: Weekly jobless claims are due from the Labor Department. They’ve been hanging around 400,000 for forever, which is better than getting worse. Economists are going ahead and assuming they’ll …
Continue readingUpdate Aug 24, 2011 at 10;45am: I covered the Aug26 weekly 105 puts this morning for .04 and bought more of the Aug26 weekly 110 puts at .17……..I still think there’s a strong likelihood that we …
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Back in March shortly after AT&T announced their intention to purchase T-Mobile, I took a quick look at Sprint (read below) and weighed the potential for VZ to buy them if AT&T gets approval on …
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Since late July when ETFC announced that they hired Morgan Stanley to explore strategic alternatives (that could include a sale of the company), the stock has sold off almost 40%….largely in sympathy with the markets, but also …
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As I write at 9:15am, it is feeling a bit like yesterday morning with an opening gap and what feels like and impending failure. The S&P futures are barely holding onto gains and are 1.5% …
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For those looking for anything positive from today’s price action are very likely going to have to wait just a bit more………the truth is that they were doomed to fail with a 2% gap higher …
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Europe’s strong showing this morning, after Asia’s generally mixed closed has helped our futures, now up almost 1.75%, after Friday’s near closing low of this cycle. Brent crude is down 3%, while WTI Crude is …
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This seems like it will be a make or break type week for world markets as everyone will be looking to Europe for any type clarity on the debt and banking situations there. In the …
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Next Friday FOMC Chairman Ben Bernanke will give a widely anticipated speech at the now infamous Federal Reserve Bank of Kansas City Annual Economic Policy Symposium held in Jackson Hole, WY. The SPX is about …
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RIMM is up almost 5% this morning on continued take-over speculation in the financial press and the blogosphere. By almost all accounts and metrics, GOOG‘s $12.5 billion all cash take-over offer for Motorola Mobility was …
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