Here is a quick recap of trades that we initiated, closed, or debated in the week that was May 118th to May 22nd:
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Homebuilders and related stocks are having a day today on the heels of the best monthly housing starts since November 2007. I don’t know about you, but when I hear the term November 2007, I …
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We’re officially into earnings season and so far, investors are shooting first and asking questions later. This week alone we have seen sharp share declines in stocks like AAL, BBBY, KBH, TIF & SNDK after disappointing results, while …
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Homebuilders had a strong close to 2013, despite a weak second half of the year overall. The sector had been stagnant ever since the Fed tapering fears were first voiced and U.S. interest rates took …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Overnight price action in SPX futures had its tightest range of the week, and most Asian and European equity indices moved less than 1%. Asian Indices Mostly Lower, Japan Again Weakest – No major economic data …
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Overnight price action in SPX futures similar to the last few days. After no progress was made on the government shutdown after talks between the President and Congressional leaders, futures leaked lower, though off their …
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After yesterday’s global rally, the second day of October has brought out the sellers. Asian markets almost all opened green, but SPX futures started moving lower shortly after midnight EDT, and were hit particularly hard …
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