10:45 Update SPY – I am going to to take put spread off now for .25 Citi – Put spread offering balance at .97 FXE – I leave small and barring any news will come …
Continue readingAs we get closer and closer to deadlines on a debt ceiling limit it’s time to look into what’s really going on and how it will affect the markets. In case you haven’t been paying …
Continue readingWSJ Economics: 8:30 a.m. ET: We get weekly jobless claims, which are expected to stay stubbornly above 400,000. 8:30 a.m.: A busy Labor Department also releases producer prices for June. They’re expected to fall, thanks …
Continue readingWSJ Economics: 7:00 a.m. ET all times: MBA mortgage applications data are due. Nobody’s taking out mortgages any more, so. 8:30 a.m.: Export and import price data for June are due, for those who want …
Continue readingWith the SPY consolidating here (132.26) I just placed a quick bet to profit in case it breaks down and the market selloff continues.
Continue readingWSJ Economics: When we’re not freaking out about Europe, we’ll glance momentarily at: 7:30 a.m. ET all times: We get the NFIB small-business optimism index. Small businesses create approximately 147% of all the jobs in …
Continue readingAlcoa met or just missed its earnings per share estimate of 32 cents depending on who you ask. Consensus estimates were about 32 or 33 cents a share. More importantly, this is a bigger miss …
Continue readingWSJ Monday: Alcoa rings in the earnings season, as was commanded by Yahweh centuries ago. Tuesday: The NFIB reports on small-business optimism, or the lack thereof. We find out about how wide the trade gap …
Continue readingExpect to see a lot of discussion in the media on the disappointing jobs number over this weekend. There are a few schools of thought on what it means for the markets. One of the …
Continue readingSeeking Alpha Thursday’s Economic Calendar Chain Store Sales 7:00 BoE Announcement 7:45 ECB Announcement 8:15 ADP Jobs Report 8:30 Initial Jobless Claims 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 11:00 White House Budget …
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