The Olympics, the European Football Championship, and a Lebron James-led NBA championship should normally constitute a banner year for NKE, the sports advertising king. But the Goddess of Sport is actually one of the few …
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MorningWord 9/27/12: Many market technicians have suggested that the SPX and DAX will need to “back in fill” a little bit before they will be able to make new multi-year and 52 week highs respectively. In simple English that …
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Reuters Economic growth was much weaker than previously estimated in the second quarter as a drought cut into inventories, setting the platform for an even more sluggish performance in the current quarter against the backdrop …
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Sometimes the Macro doesn’t matter. There are thousands and thousands of stocks that trade actively around the world each day. In any economy, in war and in peace, in feast and famine, some companies are …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:20 and 3:30 pm EST on CNBC: The book wars have basically been declared over. Amazon has won. Electronic books are here, …
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Event: NKE reports Q3 earnings Thursday morning after the close. The options market is implying about a 5% move, which is right in line with the 4 quarter avg of 5%, and slightly below the 8 …
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How much difference a week makes. Last week, the market was near the heights of QE – unlimited euphoria. VIX futures were near 3 year lows. Here is the VIX Futures snapshot from last week: …
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MorningWord 9/26/12: I have been trading since 1997 in all sorts of markets, and in hindsight none of them were easy. Making money trading is never easy, and throughout my 16 years trading at hedge funds, a …
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Bloomberg European stocks fell the most in two months and the euro weakened as Spain’s 10-year yields rose above 6 percent, spurring concern the debt crisis is worsening. Oil retreated for a third day, while …
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Does the business cycle matter? The Great Moderation from 1982 – 2007 was used as evidence by economists that “We’ve Figured it Out” when it comes to economic management. In hindsight, that was just piling …
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