For as long as I have been in this business, living through the; Asian/Russian debt crises/Long Term Capital/ internet stock market bubble in the late 90, real estate bubble and our own debt crisis here in the …
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The new year got off to a bang right out of the gates on the heels of an impressive rally on Monday in Europe while we nursed our hangovers for the second straight day. After …
Continue readingMorningWord: 11/16/11: Walking in this morning, the third in three where our futures are down in sympathy with Europe…….Equity markets the world over have been moving around the last 16 hours……Shanghai Comp had its worst …
Continue readingLast week was just one of those weeks where you had to join the herd, cover your eyes and put blind faith in generally in-effectual European Policy makers to make money from the long side. …
Continue readingThis Guy Just Won’t Go Out Quietly Just when you thought this little European debt crisis was behind us (I wish someone invented a sarcasm font), Trichet, who ends his 8 year reign as the head of …
Continue readingMorningWord: 9/29/11: S&P futures are trading near the highs of the overnight session on better than expected GDP and lower than expected Jobless Claims coupled with a mildly positive German Parliament vote in favor of the Euro …
Continue readingMorningWord: 9/28/11: Yesterday’s rally of 2.8% in the SPX was fairly impressive until about 2:30pm when they turned on a dime and spent the next hour and a half giving back two thirds of the …
Continue readingMorningWord: 9/27/11: Up was the preffered direction overnight…..To say equity markets the world over are raging is an understatement…..The DAX is up 4% as I write at 8am capping a 3 day rally off of …
Continue readingMorningWord: 9/26/11: Our futures had a wild night, up 1% out of the gate, then down 1% now up 1%…..European markets are raging, up 2-3% across the board as their is greater confidence that European …
Continue readingMorningWord: 9/23/11: Waking up this morning we see a continuation of yesterday’s very poor action….Europe is down across the board, the DAX is close to the intra-day low it made on Sept 12, which is …
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