MorningWord: 12/2/11: Well we got the all important jobs number this morning and while the headlines seem slightly better than people were expecting, particularly the unemployment rate at 8.6%, the lowest since March 2009, the …
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Seeking Alpha Today’s Markets: In Asia, Japan +0.5% to 8644. Hong Kong +0.2% to 19040. China -1.1% to 2361. India +2.2% to 16847. In Europe, at midday, London +1.5%. Paris +1.6%. Frankfurt +1.7%. Bloomberg Unemployment …
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NYT FRANKFURT — Mario Draghi, the president of the European Central Bank, laid the groundwork for a more aggressive response to the debt crisis Thursday, suggesting that the bank could increase its support for the …
Continue reading2nd Update Dec 1st 2011 at 12:25pm: I am taking the other half of this position off now with the stock up 8% off of the opening lows (stock still down 9.3% at 45.00). I …
Continue reading2nd Update Dec 1st at 11:33am: MS closed the second half of this dec 15/16 call spread at .26, so at an average of .305 for a total profit of .135 on the trade. Update …
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Update Dec 1st, 2011: This thing has been all over the place, I got the direction right, but timing and the magnitude wrong. Since putting this calendar on a couple weeks ago, the stock went …
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Update Dec 1st 2011: LULU is down this morning about 14% following disappointing guidance for Q4. The disappointment lies not with an actual miss, but the company not raising guidance. As I said yesterday in …
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WSJ Market tone: Stocks called slightly weaker on disappointing China data; euro higher against the dollar; Treasurys higher; Nymex crude up at $100.62; gold up $6 at $1,752.05. Overnight action: Asian manufacturing weakens; UBS shuffles …
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MorningWord: 12/1/11: Not much to add as far as yesterday’s 4.33% rally in the SPX other than it seemed like we were due. While many market participants had been waiting for some sort of coordinated …
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CNBC What essentially happened is that the Fed cut the interest rate it charges the European Central Bank to borrow dollars. The ECB wants the dollars so it can lend them out to European banks, …
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