Well, I assume you got the memo by now that last week was the best week for the S&P500 since July 2009, seeing an almost 6% rally and closing at 2 month highs. From a …
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Tomorrow’s Tape (WSJ) Economics: 8:30 a.m. ET: Retail sales data for September are due. Economists think the life’s blood of our economy rose 0.5%, after being UNCH in August. 8:30 a.m.: We also get import …
Continue readingSeeking Alpha Today’s Markets: In Asia, Japan +1.0% to 8823. Hong Kong +2.3% to 18758. China +0.8% to 2555. India flat to 16951. In Europe, at midday, London -0.9%. Paris -0.9%. Frankfurt -1.2%. Futures at …
Continue readingMorningWord: 10/13/11: JPM reported Q3 earnings this morning and beat already lowered expectations. The stock’s 20% rally in the last week into the print will not exactly help the stock today. The earnings call starts …
Continue readingMorningWord: 10/12/11: Yesterday saw the sort of healthy consolidation that one would expect if a rally like we just witnessed over the past week has any chance of going higher near term. If the last …
Continue readingMorningWord: 10/11/11: Yesterday was one of those days when the fix was just in, trying to short them was a futile endeavor as the first 5 handle sell off didn’t come until the last hour …
Continue readingHere is a quick preview of what I will be speaking about tonight on Options Action at 5pm on CNBC: WYNN has been particularly volatile of late and fears about China’s economy slowing as the …
Continue readingNext Week’s Tape: Hoping for Hiring (WSJ) Monday Eurozone manufacturing PMI for September ISM manufacturing for September September auto sales Construction spending for August Tuesday Fed Governor Sarah Bloom Raskin speaks Fed Chairman Ben Bernanke …
Continue readingAs I write at 9am most European indices are up small except the DAX and the FTSE which are down about 50 bps, but up at least 1% off of their morning lows…..The Euro is up vs …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +0.5% to 9868. Hong Kong closed. China -0.1% to 2759. India -0.4% to 18763. In Europe, at midday, London +0.4%. Paris flat. Frankfurt +0.1%. Friday’s Economic Calendar Auto …
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