Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm: Facebook has for the time being, re-written the book on how NOT to take your once well …
Continue readingToday’s chart should be taken with a grain of salt. I don’t mean to present it here as evidence that we should be braced for an imminent fall. But similar to yesterday’s chart, it is …
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MorningWord 8/31/12: Jackson Hole will always hold a little place in my heart, it was the site of one of the first very truly speculative trades I ever made in a market and in a …
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Calculated Risk • At 9:45 AM ET, the Chicago Purchasing Managers Index for August will be released. The consensus is for a decrease to 53.0, down from 53.7 in July. • At 9:55 AM ET, …
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Mr. Bernanke’s Jackson Hole speech will be at 10am EDT today. It’s the first of a series of big macro announcements over the next 3 weeks. FTAlphaville had a good calendar posted yesterday, courtesy of …
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COH has quite a chart for the last year: The stock went from 50 to 80 and back to 50 over the last year. The puke shot on Jul 31st after earnings was …
Continue readingToday’s chart steps back to take a much longer-term perspective on the current market. This chart best explains my continued bearish bias over the entire summer, and why I do believe the last 50 points …
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MorningWord 8/30/12: On more than a few occasions in the last 6 weeks we have highlighted the weak internals of the SPX’s 12% rally since early June, often suggesting that few stocks have powered much of the …
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Marketwatch Applications for U.S. jobless benefits were flat last week at a seasonally adjusted 374,000, the Labor Department said Thursday. Economists surveyed by MarketWatch had projected claims would fall to 370,000. Initial claims from two …
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The S&P 500 index has traded in a tight range over the past 17 trading days (since August 7th), staying between 1394 and 1427 for the entire period. That is the tightest trading range for …
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