MorningWord: 12/1/11: Not much to add as far as yesterday’s 4.33% rally in the SPX other than it seemed like we were due. While many market participants had been waiting for some sort of coordinated …
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CNBC What essentially happened is that the Fed cut the interest rate it charges the European Central Bank to borrow dollars. The ECB wants the dollars so it can lend them out to European banks, …
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There you go. Givin’ a #^@* when it ain’t your turn to give a #^@*. – Bunk to McNulty – The Wire Over the past few months here at Risk Reversal we’ve been trying to …
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MorningWord: 11/30/11: Well this mornings opening gap of approx 3% in the SPX is the exact reason why I have not wanted to be net short since early last week. The pressure was just too …
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MorningWord: 11/29/11: European markets and our futures were up about a % point earlier in front of an oddly anticipated meeting of Euro Finance ministers in Brussels today. I guess the uneasy markets will cling …
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MorningWord: 11/28/11: This morning’s world-wide euphoric equity market rally predicated on a BS rumor (here) that the IMF was readying a loan for Italy greater than their actual lending capacity was exactly what the longs …
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Reuters U.S. stock futures jumped in early electronic trading on Sunday on the latest round of proposals out of Europe designed to corral the growing euro zone debt crisis. U.S. stocks suffered their worst week …
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MorningWord: 11/25/11: Walking in this morning on what we will be a shortened day of trading, things feel about as crappy as they did Wednesday. European equity markets are down again this morning, after yesterday’s …
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Update Nov 23rd 2011 at 3:45: Also buying some call spreads in the banks: This is a lotto ticket type trade and not for everyone. This is not the type of trade you want to …
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Ok here is a little conspiracy theory that I just dreamed up…..if the Europeans are close to some form of ECB intervention to backstop Euro-zone Nation’s Sovereign debt could you think of a better time …
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