MorningWord 7/13/12: I have to assume most China watchers were a bit disappointed with the nations’s Q2 GDP print reported overnight, only missing expectations by 1/10th of a percent to the downside. Economists had been looking for …
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MorningWord 7/12/12: Technology shares, primarily in the U.S. have been the fascination of investors (both institutional and retail) the world over it seems for the last 15 years. Tech shares, usually driven by the most …
Continue readingMorningWord 7/11/12: Yesterday’s disaster du jour was CMI, Cummins Inc, which is a diesel and natural gas engine manufacturer that has long been considered one of the poster children for the global growth story. The U.S. makes up less …
Continue readingMorningWord 7/10/12: Market participants like to focus on #s, whether they be GDP, ISM, unemployment rates, or in the case of single stocks, previous highs and lows to name a few. Equity market participants the world over like (ok …
Continue readingMorningWord 7/09/12: As Enis mentioned in this morning in his MacroWrap, volume was anemic last week, and aside from the move in the Euro/USD (making fresh 52 week lows), there wasn’t a whole heck of a …
Continue readingMorningWord 7/05/12: There is lots going on this morning, and I not exactly certain there is anyone here in the U.S. is here to witness the rash of Central Bank action from Beijing to London (and Brussels in …
Continue readingMorningWord 7/03/12: To state the obvious, there is not a whole heck of a lot going on this morning. Most market participants have likely checked out till Thursday morning at the very least and possibly …
Continue readingMorningWord 7/02/12: As many of you know, Traders are creatures of habit and often times drawn to make decisions that are influenced by history, with the calendar providing some framework. As a kid I was a big fan of Simon and …
Continue readingMorningWord 6/29/12: Well it certainly wasn’t a Bazooka, but with expectations not particularly high heading into the EU summit, it didn’t take much to get risk assets moving higher. This was clearly not what we had …
Continue readingMorningWord 6/28/12: Today in Brussels leaders of the EU nations will meet for a 2 day summit to discuss measures to stem what is now becoming an annual summer ritual in the region, a good ol fashioned debt crisis! …
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