MorningWord 12/10/12: In the MacroWrap this morning, Enis took a look at the charts of some European indicies and suggested that the recent breach of long term resistance, and it’s subsequent failure could signal a …
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MorningWord 12/07/12: One of the major equity themes of 2012 was investors desperate search for yield, causing massive rallies in some unlikely stocks and sectors, while another trend was the search for safe-haven investments with little exposure to a …
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MorningWord 12/06/12: The divergence btwn the Dow Jones Industrial Avg (yes, I just mentioned the Dow) and the Nasdaq Composite was the widest I have seen in a very long time. I don’t track that data regularly, …
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MorningWord 12/05/12: Yesterday’s price action in U.S. equities on the surface was fairly unexciting with the SPX and the Nas down about 17 bps after trading in a fairly tight range for the most of …
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MorningWord 12/04/12: I am not gonna pull a Tom Cruise on Oprah’s couch on you here, but it seems like the longer I do what I do for a living, the more convinced I become that …
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MorningWord 12/03/12: We often make fun of the financial media’s infatuation with Jamie Dimon. By all accounts, there are few CEO’s who have captained their ships with near flawless precision as Dimon has over the last …
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I hate doubling down. It usually means throwing good money after bad. After losing so many times as a trader, you eventually learn to stop. So I almost never double down. Today I am making …
Continue readingJamie Dimon will give testimony on the floor of the Senate tomorrow, in what has seemingly become an annual exercise of parading bank executives in front of Congress. If you’re unfamiliar with the JPM CIO’s …
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