Marketwatch German Finance Minister Wolfgang Schaeuble said in an interview with The Wall Street Journal on Monday that Greece must take the necessary steps to get its economy and finances in order, or euro-zone leaders …
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Yahoo Things looked bullish in the early going, but a mid-morning reversal left stocks to spend the rest of the session slowly working their way back to the flat line. Trade today opened on …
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WSJ The Dow Jones Industrial Average rose 60 points, or 0.5%, to 12482 on Tuesday, closing at its highest level since July 26. Perhaps more interesting is the blue-chip index has now risen 265 points, …
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The new EU agreement has caused a rally in world markets. It does seem to have calmed fears of an imminent meltdown in European debt, but there seems to be a side effect of the …
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Reuters A months-long effort to set U.S. finances on a sustainable course appeared likely to end in failure on Monday as lawmakers in Congress were unable to bridge a deep divide over taxes and benefits. …
Continue readingUpdate Nov 16th 2011: with 2.5 days to expiration and the stock at 19.10, right above the strike that I am long, I am going to sell the balance of the position at .20 and …
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MorningWord: 11/14/11: Just when you thought our markets could once again focus on stuff like our own economy and corporate earnings, Italy has to go and try to sell some Treasury’s to fund itself. The 5 yr …
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MorningWord: 11/11/11: Europe seems like a slightly safer place over the last 30 or so hours…..Yields on Italian debt are coming down hard from historic levels while the country’s senate approved a key budget vote which should …
Continue readingUpdate Nov 10th 2011: CSCO is up 6.5% at 18.80 this morning on a strong qtr and better than expected guidance…this is the second qtr in a row where they beat expectations (albeit lowered ones) …
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MorningWord: 11/10/11: Yesterday’s 3.67% sell off in the SPX was in some ways a healthy reminder that our markets, at least for the moment are a slave to the process to bail out weak European …
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