Here are some bullet points on the rumors out of Europe. First off, if you are hearing about this ESFS for the first time today, here’s what it is. Remember these are rumors and could …
Continue readingMorningWord: 9/27/11: Up was the preffered direction overnight…..To say equity markets the world over are raging is an understatement…..The DAX is up 4% as I write at 8am capping a 3 day rally off of …
Continue readingTomorrow’s Tape: Confidence Builder Economics: 9:00 a.m. ET: Case-Shiller home-price index for July. Slight improvement seen, from “awful” to “slightly less awful.” 10:00 a.m.: Conference Board consumer-confidence index for September. Slight improvement seen, from “depressed” …
Continue readingNFLX has been one of those stocks that unless you had balls of steel and grown them in the last 2 months, it has almost been impossible to make money on the short side….I have tried desperately to short …
Continue readingMorningWord: 9/26/11: Our futures had a wild night, up 1% out of the gate, then down 1% now up 1%…..European markets are raging, up 2-3% across the board as their is greater confidence that European …
Continue readingHere’s Dan discussing Hewlett Packard and his trade idea from Friday: Also, here’s a look at what’s ahead this week on the data front, from Business Insider: Monday, September 26: 8:30 a.m. — Chicago Fed …
Continue readingThe last 2 weeks have been a delight for most traders, those that were not saddled with large positions that they have to defend, but those nimble enough to be able to play definable trading …
Continue reading2nd Update Sept 25th, 2011: Late Friday afternoon Sprint rallied 5.5% on a Bloomberg story quoting DISH CEO Joe Clayton that they “could”consider buying Sprint or Clearwire for their wireless spectrum. This came in a week …
Continue readingFrom Reuters here are some quotes from Finance Ministers, IMF officials and such at the G20 meetings stating that what needs to be done is big bold action. (bold emphasis mine) ALEXANDRE TOMBINI, PRESIDENT OF …
Continue readingRiskReversal readers and viewers of Options Action know that I am not a fan of RIMM‘s products, strategy or their management. There is not much to add at this point about the magnitude and the breadth …
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