Trade Update May 15th, 2012 at 10:03am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 2.4%, which doesn’t seem like a lot, but for a …
Continue readingLondon
Global markets have found some relief the past few days on successful debt auctions out of Spain. Spain auctioned off 12 and 18 month notes overnight, by most accounts the auction was a success. Spain’s …
Continue readingTrade Update April 16th 2012: Since putting this trade on last week, the stock has gone up a buck and then down a buck and now is in almost the exact spot it was when …
Continue reading
JPM reports their Q1 earnings on Friday Apr 13th before the market open. The stock does not tend to be a huge mover on earnings, averaging about 2.5% over the last 4 quarters. The implied move …
Continue reading
Reuters U.S. stock index futures traded lower on Monday after last week’s much weaker-than-expected report on U.S. job creation for March. U.S. non-farm payrolls grew by 120,000 last month, far below the forecast gain of …
Continue reading
Seeking Alpha Today’s Markets: In Asia, Japan +0.5% to 8644. Hong Kong +0.2% to 19040. China -1.1% to 2361. India +2.2% to 16847. In Europe, at midday, London +1.5%. Paris +1.6%. Frankfurt +1.7%. Bloomberg Unemployment …
Continue reading
Seeking Alpha Today’s Markets In Asia, Japan +1.5% to 9797. Hong Kong flat at 22061. China -1.1% to 2728. India +1.1% to 18694. In Europe, at midday, London +1.4%. Paris +1.9%. Frankfurt +1.8%. Futures at …
Continue reading
This morning, after another batch of really crummy economic data was released, I asked, somewhat rhetorically, on Quick Hits: Jun 1 2011, 10:13 AM CC: How long can the market shrug off what clearly looks …
Continue reading