WSJ Investors were handed a harsh dose of reality yesterday. Stocks plunged as the realization set in that Fed Chairman Ben Bernake won’t be firing the QE3 bazooka anytime soon. That led traders to actually …
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Dan, CC, and I have had frequent discussions over the past week about our trading strategy over the next month. We all recognize it as a particularly important period for traders given the headline-laden environment …
Continue readingI generally try to avoid joining the media frenzy around a particular market topic because the media tends to distract me from the “real” story in many cases. Today I am making an exception. The …
Continue readingCC and I want to take the opportunity to introduce an addition to the RiskReversal.com team that we think will be transformative for our product as we enter our second full year of the service. Enis …
Continue readingBloomberg U.S. stock futures rose, following yesterday’s slump in the Standard & Poor’s 500 Index, as a report may show that sales of new homes increased for the first time this year and concern about …
Continue readingDshort The S&P 500 spent the day wallowing in shallow red ink, but a rally at the close nudged the index into the positive territory for a fractional gain of 0.07%. The week tells a …
Continue readingBloomberg Jobless claims climbed by 24,000 to 399,000 in the week ended Jan. 7, Labor Department figures showed. The median forecast of 46 economists in a Bloomberg News survey projected 375,000. Retail sales climbed 0.1 …
Continue readingBloomberg Asian stocks (MXAP) fell for a third day, the euro weakened to a decade low against the yen and bond risk rose on concern Europe’s debt crisis will slow the global economy. Gold futures …
Continue readingThe market is showing some weakness today that most are contributing to worries about recently rising yields on the 10 year note in Italy going into a bond auction tomorrow, and news from an ECB …
Continue readingNYT The new euro package, as European and American officials describe it, is being negotiated along four main lines. It combines new promises of fiscal discipline that will be embedded in amendments to European treaties; …
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