MorningWord 9/28/12: Earnings releases from NKE and RIMM last night will likely dominate some headlines this morning, on what is shaping up to be a quiet final trading day of Q3. And what a qtr …
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MorningWord 9/27/12: Many market technicians have suggested that the SPX and DAX will need to “back in fill” a little bit before they will be able to make new multi-year and 52 week highs respectively. In simple English that …
Continue readingMorningWord 9/26/12: I have been trading since 1997 in all sorts of markets, and in hindsight none of them were easy. Making money trading is never easy, and throughout my 16 years trading at hedge funds, a …
Continue readingMorningWord 9/25/12: Overnight Asian and European markets closed practically flat for most major indices. A veritable calm has taken over world equity markets, as our futures are pointed 4 points higher as I write, continuing global …
Continue readingMorningWord 9/24/12: Back in late Spring, one of the many inputs to our bearish thesis, from a purely a technical standpoint, was the lack of breadth in the broad market as we approached new 52 …
Continue readingMorningWord 9/21/12: Overnight equity markets continue their relative calm. Asian markets were flat to up (Hang Seng up 70bps, Shanghai flat and Nikkei up 25bps), while European markets are up across the board as rumors …
Continue readingMorningWord 9/20/12: Every morning I start my day by reading a dozen or so of Bloomberg’s top stories, then I move on to WSJ.com and eventually start trolling the Twittersphere and a gaggle of Blogs …
Continue readingMorningWord 9/19/12: The iPhone6, I mean iPhone5 reviews are out and as expected they are spectacular (Mossberg here &Pogue here). Both of these guys do their best to not just boil over with excitement for the new …
Continue readingMorningWord 9/18/12: After the excitement of the summer of 2011 (excitement = extreme volatility) many market participants expected a redux in the summer of 2012 given the EuroZone’s apparent continued inability to halt their Sovereign debt crisis. But …
Continue readingMorningWord 9/17/12: Central Bank’s monetary policy/intervention in the U.S. and Europe of late, have tamed the “Bear” for the time being in their respective equity and credit markets, while Chinese equities continue what appears to …
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