In the days following the U.S. election in early November, investors got it in their head almost immediately that the outcome didn’t mean some newfound economic populism and trade wars, but traditional Republican supply side …
Continue readingCircuit City
Event: Best Buy (BBY) reports Q4 results tomorrow morning before the open. The options market is implying about a 6% one day move which is shy of the 4 qtr average of about 4.7%. It …
Continue readingWSJ Investors were handed a harsh dose of reality yesterday. Stocks plunged as the realization set in that Fed Chairman Ben Bernake won’t be firing the QE3 bazooka anytime soon. That led traders to actually …
Continue reading