Market Touch: 9/9/11: Phew. Now that the President’s speech is over the market can get back to catching up to the ever weakening economy……As far as I can tell from what I read and hear …
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Market Touch: 9/7/11: Yesterday’s rally off of the opening lows was quite impressive to say the least…..in the face of a 2 day, almost 6.5% sell 0ff in the DAX, the SPX did the unthinkable …
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Been a bit of a busy night for our S&P futures down 2.5% out of the gate, then down only 1% after Europe opened up and now back down 2.5%. It is unavoidable, without any coordinated …
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Ok well maybe “celebrating” wasn’t entirely the right word, especially after Friday’s jobs data, but our fancy European friends finally got back from their holidays on Ibiza, Malaga, Analfi and St. Tropez, decided to take …
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As I write at 9am, the S&P500 futures are down 70bps, the DAX is down ~80bps near the lows of the session, following a strong showing by Asia overnight up in sympathy with our strength …
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GDP out and frankly in line with expectations at about 1%….so no cause for alarm, but reinforcing thoughts about a very stagnant to weak economy. Mr. Bernanke clearly had an early look at this number …
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As I write at 9:15am, it is feeling a bit like yesterday morning with an opening gap and what feels like and impending failure. The S&P futures are barely holding onto gains and are 1.5% …
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Europe’s strong showing this morning, after Asia’s generally mixed closed has helped our futures, now up almost 1.75%, after Friday’s near closing low of this cycle. Brent crude is down 3%, while WTI Crude is …
Continue readingYesterday’s late day collapse was a little concerning to say the least…..As of 2pm I really thought the market was trying to get some legs and make move to close up on the day, which …
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The S&P 500 futures are up 75bps as of 9 am, and more importantly up ~3% from their overnight lows…..Most European indices have rebounded off of their worst levels with the DAX still down 1% …
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